providing essential tools such as drilling rigs, blowout preventers, pumps, generators, and specialized downhole equipment. As oil prices fluctuate and the demand for energy continues to rise ...

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The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 1 rig gain in the prior week.

Here, the ferries that shuttle workers to oil rigs in the nearby Gulf of Mexico periodically halt service due to nonpayment. The Hotel Llirre, which exclusively houses oil workers, sits mostly empty.

The total U.S. rig count is made up of 486 oil rigs, 102 gas rigs, and five miscellaneous rigs, according to the count, which revealed that the U.S. total comprises 532 horizontal rigs ...

The U.S. oil rig count stood at 506 at the end of March, down by 382 rigs since 2018, which was the peak in the last decade. "If oil prices stay in the $50s, oil rig counts will drop, and the drop ...

(Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday.

This already posed a challenge for governments that rely on high oil prices, with the latest slide accelerating pressure. The Russian economy slowed sharply in recent months, with industrial ...