At latitude 71.3 north, it will be 140 miles closer to the pole than Russia's Prirazlomnoye platform in the eastern Pechora Sea—the only other offshore rig currently producing oil in Arctic waters.

Global rig count hits 20-year low, signaling tighter oil supply and possible price surge. Stocks like Diamondback, Coterra, EOG and Occidental poised to benefit from efficient, low-cost production ...

The total U.S. rig count is made up of 465 oil rigs, 98 gas rigs, and three miscellaneous rigs, according to Baker Hughes’ count, which revealed that the U.S. total comprises 511 horizontal rigs ...

These are broken down into 479 oil rigs, 101 used to harvest natural gas, and four designated for miscellaneous extraction. That gives the U.S. an oil rig ratio of 82/17/1.

Decommissioning an oil rig presents logistical, financial, and environmental problems. Once a well runs dry, companies must clear equipment, seal the well, and remove all infrastructure from the ...

IDAHO, USA — A juvenile golden eagle found shot near the Idaho-Canadian border will live out its life in captivity after sustaining irreparable wing damage, according to wildlife rehabilitation ...

Miscellaneous rigs were rose by 1 to 6 active rigs. The latest EIA data showed that weekly U.S. crude oil production fell slightly, rising from 13.580 million bpd to 13.458 million bpd.

The U.S. oil rig count increased by 5 this week, reaching 482. Crude oil prices fell despite OPEC+ extending production cuts. U.S. crude oil production hit a record high of 13.513 million bpd.

Conservationists have been introducing golden eagles at a secret site near Moffat A golden eagle has died after flying into a wind turbine in Dumfries and Galloway, a conservation group has said ...

Platform Holly is among the dead platforms awaiting their afterlives. At the time of its installation in 1966, everyone knew a platform situated directly over a natural oil and gas seep was going ...

The Permian Basin led the U.S. among shale deposits with 312 oil and gas drilling rigs, after dropping two in the last week, Baker Hughes reported May 17. The Eagle Ford had the second-highest rig ...

In 2023, Texas Tech became a pioneer in giving petroleum engineering students hands-on experience by raising the mast of the first full-scale operational oil rig on a university campus nationwide.