News

Midland Reporter-Telegram on MSN9h
Rig count slump stretches to 10 weeks
Oilfield services firm Baker Hughes said its weekly U.S. rig count fell eight rigs to 539 rigs, the lowest level since ...
Dallas Fed Survey: Volatile Prices Slow U.S. Drilling Plans
Texas, Louisiana, and New Mexico experienced a slight reduction in oil and gas sector activity in the second quarter of 2025.
Hosted on MSN14d
U.S. drilling rigs edge lower for eighth consecutive week - MSN
The number of rigs drilling for oil in the U.S. dipped by 1 to 438 this week, and gas rigs shed 2 to 111, ... Texas had the largest decline this week, down 4 units to 258 rigs working, ...
Midland Reporter-Telegram on MSN14d
U.S. rig count falls for eighth straight week, hitting lowest level since 2021
The number of rigs drilling for crude oil fell by one rig to 438 rigs, the lowest since October 2021 and 47 rigs or 10% below 485 last year. The number of rigs drilling for natural gas fell by two ...
U.S. drilling rigs drop for ninth straight week, longest streak in five years
The number of total oil and gas drilling rigs in the US dropped by 7 to 547, falling for the ninth consecutive week and hitting their lowest level since October 2021, Baker Hughes reported.
Marketplace11d
Despite Iran conflict, oil companies are unlikely to heed the president's call to "drill, baby, drill"
President Trump posted two things on his social media platform this morning: One calling for “everyone” to “keep oil prices ...
Odessa American9dOpinion
GUEST VIEW: Foreign oil market manipulation guts American energy security
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.