Drilling activity continues to trend upward, posting a second consecutive weekly gain. Oilfield services firm Baker Hughes said Friday its U.S. rig count rose four rigs to 586 rigs for the week.

The number of oil rigs in the US increased by one in the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil grew to 480 rigs from 479 last ...

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

We recently compiled a list of the 12 Best 5% Dividend Stocks To Buy According To Hedge Funds. In this article, we are going ...

We recently published a list of 15 Best Dividend Stocks To Buy and Hold. In this article, we are going to take a look at where Exxon Mobil Corporation (NYSE:XOM) stands against other best dividend ...

A bill seeks to encourage drilling for oil outside of North Dakota’s highly productive Bakken Formation and take advantage of ...

In arid West Texas, water seeps and bubbles from old wells, sometimes carrying oil, brackish water or other pollutants to the surface. But the real danger lies underground — where oil, salt, and toxic ...

Standing in his living room, Richard Kabzems brandishes a thick binder stuffed with letters and notes of his two-year fight to stop fracking wells near his home in Farmington, B.C.Ovintiv, a ...

U.S. drilling activity increased with the Permian Basin leading the surge, as Baker Hughes reports a rise in rig count for ...

Baker Hughes, a leading energy services company, said that the U.S. added oil and gas rigs this week for the first eight-week period.

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

Top U.S. oilfield services firms are facing weaker pricing and revenue this year as oil producers become increasingly ...