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

The number of rigs drilling for crude oil fell by one rig to 438 rigs, the lowest since October 2021 and 47 rigs or 10% below ...

Baker Hughes, a leading energy services company, said that the U.S. firms have cut back on the number of natural gas and oil ...

The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for an eighth week in a row for the first ...

Baker Hughes' U.S. rotary drilling rig count was 555 on June 13, down by four from the previous week -- the seventh consecutive week of drops, down by 35 from 590 a year ago and down by eight from two ...

A new Baker Hughes report showed a decline in the US oil rig count for the eighth consecutive week — a signal of potentially lower crude supply from the US. The number of US oil rigs decreased by one ...

As traders approach another pivotal day for financial markets, Friday, June 20, 2025, brings a crucial economic data release that could sway market dynamics. The Philadelphia Fed Manufacturing Index, ...

The number of total oil and gas drilling rigs in the US fell for the seventh consecutive week, down by 4 to 555 to the lowest count since November 2021, Baker Hughes reported.

The number of rigs drilling for crude oil fell by three to 439 rigs, the lowest level since October 2021 and down 49 rigs or 10% from 488 the previous June. The number of rigs drilling for natural gas ...

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

Baker Hughes, a leading energy services company, said that the U.S. firms have cut back on the number of natural gas and oil ...