News

Drilling activity ended a two-week slump, inching higher by one rig this week. Oilfield services firm Baker Hughes said Friday its U.S. rig count rose to 537 but remains down 45 rigs, or 8%, from 582 ...
The rig count in the Permian Basin was down two this week, the latest count Friday by Baker Hughes shows, with 263 rigs active in the region. A year ago, 305 rigs were active in the region.