Check here for weekly updated oil and gas drilling rig counts in the Permian Basin, New Mexico and Texas, reported by Baker Hughes. June 21 New Mexico saw no change to its rig count in the last ...

The horizontal/directional rig count (encompassing new drilling technology with the ... Rig Count in the Most Prolific Basin Permian — the most prolific basin in the United States — recorded ...

Oilfield services firm Baker Hughes said Friday its U.S. rig count surged eight rigs — the biggest weekly rise since ...

Rep. Tony Gonzales is authoring legislation to go after the organized crime networks carrying out costly, wide-scale attacks on large and small oil companies.

Drilling activity continued its slump as weak natural gas prices sent gas drilling to a three-year-low.

Coterra halted Marcellus Shale drilling activity and may stop completions as Appalachia waits for stronger natural gas prices ...

Civitas Resources is leveraging its DJ and Permian Basin assets, focusing on cost reduction and production efficiency. Read ...

Even the Permian Basin, the most active area in the nation ... which cuts the cost of moving the drilling rig each time to drill a new well. Companies also have developed the ability to complete ...

But once the core shale properties, called Tier-1, had been leased up, the financial returns after drilling in lower ... is a stacked play like the Permian basin. Parallel horizontal wells are ...

The top operators are producing more crude oil without needing to use as many rigs ... into a single drilling pad and fracking several wells at a time. However, the Permian Basin Petroleum ...

U.S. oil production has surged since 2008, making the country a top energy producer. Political shifts could affect future ...