U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest ...
And in Louisiana, drillers cut one rig, bringing the total down to 29, the lowest since August 2020. The oil and gas rig count declined by about 5% in 2024 and 20% in 2023 as lower U.S. oil and ...
The US oil and gas rig count, a precursor to future production levels, has fallen to its lowest point since December 2021.
The Florida Department of Environmental Protection has issued five-year extensions for permits for a Louisiana company to operate a wildcat oil rig along the environmentally fragile Apalachicola ...
The overall drilling rig count in North America is up 9 units during the week ended Jan. 17, with Canada’s double-digit ...
The country’s gas rig count dropped by two, its oil rig count dropped by the same ... that North Dakota dropped four rigs, and Texas and Louisiana each dropped one rig, week on week.
By late 2024, the number of drilling rigs operating in the United ... he did during his second stint in the oil patch. And instead of commuting from Louisiana to West Texas for weeks at a time ...
while Louisiana lost one rig. Across North America, oil and gas rigs fell by one week over week to 683, down from 746 a year earlier. The count in Canada declined by one to 94 rigs. West Texas ...
We recently compiled a list of the 10 Worst Performing Energy Stocks in 2024. In this article, we are going to take a look at ...