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US oil drilling activity ends down for 2025, but production still near highs

The total number of active drilling rigs for oil and gas in the United States rose by 1 this week, according to new data that ...
Electrek

Even the ‘drill, baby, drill’ guys realize electric is the way to go!

Swedish equipment brand Sandvik announced a new battery electric surface drill rig in a bid to create more efficient, cost-effective drilling operations. And, yes – the irony here is delicious! In ...
Forbes

Why Are Oil And Gas Production Rising When Rig Counts Are Falling?

FILE - Oil rigs stand in the Loco Hills field along U.S. Highway 82 in Eddy County, near Artesia, N.M., one of the most active regions of the Permian Basin. (AP Photo/Jeri Clausing, File) This week I ...
Crude Oil Prices

U.S. Rig Count Stalls as Oil Prices Keep Drillers in Check

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. The total number of active drilling rigs for oil and gas in ...
Oil

Road-boring rig to aim at viscous Texas oil

HOUSTON, June 28-- A West Texas operator will use a modified road-boring rig to drill two multilateral horizontal pilot wells to access shallow viscous oil in Wardlaw field in the Val Verde basin. The ...
Los Angeles Times

Offshore drilling rig arrives in Lebanese waters ahead of work near border with Israel

BEIRUT — An offshore drilling rig arrived at its destination in the Mediterranean Sea off Lebanon’s coast and will start operations in the coming weeks to search for gas, cabinet ministers said ...