Drilling activity continued to slump during the final week of May, led by a decline in Texas activity. Drilling is also being undercut by uncertain commodity prices and oil and gas producers’ continued focus on […]
Oil drilling is collapsing in the US as producers rein in output, mirroring a recent plunge in rigs searching for natural gas. Rigs targeting crude declined by 11 to 575 this week, according to data […]
According to a new report from Baker Hughes Co., the US natural gas sector is rapidly pulling drilling rigs from the field due to oversupply conditions that have led to a collapse in natural gas […]
Home Clean fuel Baker Hughes scores ‘major LNG order’ for QatarEnergy’s NFS project Baker Hughes has received an order from QatarEnergy to supply two main refrigerant compressors (MRCs) for the North Field South (NFS) project. […]
Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States was on the upswing last week with three units added to the mix. The total number of rigs […]
By Scott Disavino March 3 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row for the first time since August, […]
The oil and gas rig count, an early indicator of future output, fell by one to 760 in the week to Feb. 17. Despite this week’s rig decline, Baker Hughes said the total count […]
Feb 3 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs by the most since June 2020, energy services firm Baker Hughes Co said in its closely followed […]
Home Clean fuel Baker Hughes, FFI to jointly pursue hydrogen, ammonia and geothermal projects Energy technology company Baker Hughes has signed a memorandum of understanding (MoU) with Fortescue Future Industries (FFI), a subsidiary of Australian […]
Jan 27 (Reuters) – U.S. energy firms this week kept oil and natural gas rigs steady, energy services firm Baker Hughes Co said in its closely followed report on Friday. The oil and gas […]
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