Both of those duties are currently set to start Wednesday, dubbed “liberation day” by Trump in honour of his scheduled ...

A new version of a government-commissioned report about Alberta's inactive oil wells now recommends that the province manage ...

Jadestone said the jack-up rig Valaris 247 has arrived on location at Montara, where it will drill a side-track to ... add some 3500 barrels per day of oil output, and extend the life of the ...

The number of active rigs drilling for oil and gas in the U.S. fell by 1 to 592, their first decline in three weeks, Baker Hughes said Friday in its latest report. The decline reduces the total ...

Canada has 17 fewer rigs drilling for the week ended Mar. 28, according to Baker Hughes data. Despite the drop, at 163 rigs running, the count is 12 more than the year-ago level. The number of ...

(Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks energy, services firm Baker Hughes said in its closely followed ...

Drill, baby, drill' does not work with $50 per barrel oil. Rigs will get dropped, employment in the oil industry will decrease, and U.S. oil production will decline as it did during COVID-19 ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 1 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as ...

President Donald Trump promised on the campaign trail to lower energy costs for consumers by increasing US oil and gas production ... It’s called drill, baby, drill.” ...

Prairie Operating Co. started an 11-well development program at the Rusch Pad in Weld County, Colorado. The first well was spud on Apr. 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the ...

(Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on ...