The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday.

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

(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. The oil and gas rig count, an early indicator of future output, rose ...

Top-paid oil rig operaters earn more than $89K. June 16, 2010 — -- The oil industry may be a magnet for controversy in the U.S. right now, with crude continuing to gush from BP's ruined deep water well in the Gulf of Mexico, but according to Labor ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

(Reuters) - U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig count for a third consecutive week, energy services firm Baker Hughes said in its closely followed report on Friday.

British families of those killed in a Norwegian oil rig disaster have welcomed a decision to set up a compensation scheme earlier than planned saying people are dying before getting payments. More than 120 men died, including 22 Brits, when the Alexander Kielland floating platform capsized in the North Sea oil fields on 27 March 1980.