Energy News Beat Weekly Rig Report – Comparing Baker Hughes, Enverus and WellDatabase for the Overall Market View

U.S. drilling activity remains firmly elevated on a year-over-year basis even as weekly moves stay modest. Baker Hughes’ traditional rotary count printed 604 active U.S. rigs for the week ending November 6, 2026 (up 1 week-over-week and up 56 from a year earlier). Oil-directed rigs reached 463 (+1) and gas-directed rigs 131 (+1). WellDatabase’s operator-level […]

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Will Deb Haaland Destroy Oil and Gas Production in New Mexico

The election creates a real regulatory risk—not evidence of an imminent shutdown. Schools, households and investors need the distinction. By Energy News Beat  |  Friday, November 6, 2026 Evidence in brief What is established What is not established Governor-elect; next term begins Jan. 1, 2027 Official election certification was not verified. Tougher permitting/enforcement proposals An […]

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England’s Energy Independence Bill Is a Death Sentence to Their Domestic Production, and Increases Costs

Energy Security Starts at Home By the Energy News Beat Team, drawing on reporting and analysis in the spirit of Stu Turley On November 4, 2026, the UK Labour government under Prime Minister Andy Burnham introduced its Energy Independence Bill. Scottish Conservative MP Douglas Lumsden stood outside Parliament holding the bill and called it exactly […]

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Senator Alan Armstrong, and Steve Reese, Rey Trevino and Stu Turley

In this special joint episode of The Crude Truth and Energy Newsbeat podcasts, hosts Rey Trevino and Stu Turley sit down with Oklahoma Senator Alan Armstrong and energy consultant Steve Reese to discuss the seismic shifts in U.S. energy policy following the 2024 election. With Democrats gaining significant ground in Texas—a traditionally Republican energy stronghold—and […]

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U.S. Weekly Rig Count: Comparing Enverus, Baker Hughes, and WellDatabase — Flat Weekly Activity Against Year-Over-Year Gains as SPR Hits Multi-Decade Lows and Distillates Stay Tight

As of early November 2026, U.S. drilling activity shows modest weekly stability or small declines depending on the source, set against a solidly higher year-over-year base. Baker Hughes reported its closely watched weekly rotary rig count at 603 for recent weeks ending in late October (unchanged week-over-week and up roughly 53 from about 550 a […]

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Chevron Raises Exploration Spending by 50% as It Returns to Frontier Basins, Prioritizing Geopolitical Diversification Away from Key Chokepoints

Chevron is sharply increasing its exploration budget by roughly 50%, targeting more than $1.5 billion in 2026 compared with just under $1 billion in 2025. The move, driven by Vice President of Exploration Kevin McLachlan (recruited from TotalEnergies), marks a deliberate return to high-impact frontier basins after years of heavier focus on the U.S. Gulf […]

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