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HomeOFS

OFS

Crude Oil News

Pakistan Strikes U.S. Oil Deal as Trump Jabs India

August 6, 2025 Clark Savage

In a move that underscores the shifting dynamics of global energy alliances, the United States and Pakistan have inked a significant trade and energy pact aimed at unlocking Pakistan’s untapped oil reserves. Announced by President […]

Energy News Beat Rig count created by Grok on X
Crude Oil News

U.S. Rig Count Drops Again, and Is Shale on the Ropes?

July 25, 2025 Clark Savage

The U.S. energy sector continues to face headwinds as the latest data from Baker Hughes reveals another decline in the national rig count. As of July 25, 2025, the total U.S. rig count stands at […]

Will Massive Oil And Gas Reserves Mean A New ‘Bakken Boom’ For Southwest Wyoming
AI

AI Leading to Faster, Cheaper Oil Production

July 23, 2025 Clark Savage

In an era where efficiency and cost management are paramount in the energy sector, artificial intelligence (AI) is emerging as a game-changer for oil production. Executives at the 2025 CERAWeek energy conference in Houston highlighted […]

ENB Weekly Rig Count 3 created by Grok on X
Crude Oil News

U.S. Rig Count Up: Weekly Update and Global Overview

July 19, 2025 Clark Savage

The U.S. drilling industry showed signs of revival this week, with the total rig count rising for the first time in 12 weeks. According to the latest data from Baker Hughes, the active rig count […]

Harmony platform; Source: Sable Offshore
Big Oil Companies

Goldman Says the Boom Years of U.S. Oil Output Growth Are Over, But Are They?

July 17, 2025 Clark Savage

The U.S. oil industry has been a powerhouse of global energy production for over a decade, largely fueled by the shale revolution and the explosive growth in the Permian Basin. However, a recent analysis from […]

Coal

Can President Trump Take Control of California’s Oil Refineries?

July 14, 2025 Andy Del Prado

Daily Standup Top Stories Can President Trump Take Control of the California Refineries to Stop a National Security Crisis? What would the policial fall out be? Stu Turley Trump’s Push for New Oil and Gas […]

Energy News Beat Rig Count - Created by Grok on X
Crude Oil News

United States Oil Rigs Continue Downward Trend Amid Price Uncertainty

July 12, 2025 Clark Savage

The U.S. oil and gas industry is witnessing a persistent decline in active drilling rigs, reflecting ongoing market uncertainties and volatile oil prices. According to the latest data from Baker Hughes, the total number of […]

Big Oil Companies

Brazil, Guyana, Argentina Fuel a New Oil Boom: Oil Majors Capitalize, Investors Eye Opportunities

July 10, 2025 Clark Savage

South America is emerging as the epicenter of a new oil boom, with Brazil, Guyana, and Argentina leading the charge. As global oil majors like ExxonMobil, Chevron, and others pivot to these resource-rich nations, their […]

Shelf Drilling
Big Oil Companies

Shelf Drilling wins rig extension from Eni

July 8, 2025 Mariel Alumit

United Arab Emirates-based jackup rig pure-play Shelf Drilling has won an extension for one of its rigs. Italian energy giant Eni awarded a one-year extension to the 1980-built Key Manhattan. Work under the extension will […]

Energy Holdings
OFS

Energy Holdings firms up five-year drilling contract with PTTEP

July 4, 2025 Mariel Alumit

SED Energy Holdings, a company recently created through the merger of SeaBird Exploration and Energy Drilling, has signed a contract with Thailand’s PTTEP for one of its drilling rigs. The contract, awarded to the company’s […]

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