U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

U.S. oil and gas companies are using automation and outsourcing to reduce their workforce, despite record production levels ... U.S. oil companies now need fewer rigs and workers to pump the ...

Baker Hughes noted that oil rig numbers decreased by six to 472, while gas rigs saw a slight increase of one, reaching 99. In the Permian Basin, said to be the country's largest o ...

For nearly three decades, we have been the go-to source for independent news and analysis of the major oil and gas projects shaping the industry and the people behind them. In recent years ...

Shell announced that it has restarted production at the Penguins field in the UK North Sea with a modern FPSO facility.

The new Shell-operated FPSO facility will be the new export route for the Penguins field’s oil and gas production, replacing the previous export route via the Brent Charlie platform, which ...

Oil & Gas Development ... Development & Production Lease (D&PL), where OGDCL holds a 100% working interest. “As part of its optimization efforts, OGDCL deployed a rig to replace the tubing ...

The NUPRC boss added that this bold production target aims to position Nigeria as a more competitive and sustainable player in the global oil and gas industry. Oil rigs, also known as drilling ...

Pakistan’s Oil & Gas Development ... oil production from its Pasakhi well in Hyderabad district in Sindh province. As part of its optimisation efforts, OGDCL deployed a rig to replace the ...

CNOOC Limited announced on Friday that the Bozhong 26-6 oilfield development project (phase I) has commenced production.

The industry is pumping ever more oil and natural gas ... drilling rigs operating in the United States had fallen roughly 28 percent in five years, federal data show. And still production climbed.

A worker inside Shell's Jackdaw gas platform ... new Scottish oil and gas fields was granted unlawfully and their owners must seek fresh approval from the UK government before production can ...