The rig count in the Permian Basin was down six this week, the latest count Friday by Baker Hughes shows, with 298 rigs active in the region. A year ago, 310 rigs were active in the region. Nationally ...
In its last weekly release, Baker Hughes Company BKR stated that the U.S. rig count was lower than the prior week’s figure.
- Money markets calculate a 59% probability that Fed will reduce interest rates next month with 41% probability of rates remaining unchanged ...
Despite deregulation efforts and calls for increased production, U.S. oil drilling activity has fallen to near post-pandemic ...