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U.S. drilling activity remains steady with 592 rigs, but the Permian Basin sees a decline, falling three rigs to 301.
Analysts forecast a surge in natural gas demand, driven by AI and blockchain, outpacing supply growth and boosting prices.
The rig count in the Permian Basin was down three this week, the latest count Friday by Baker Hughes shows, with 301 rigs active in the region. A year ago, 316 rigs were active in the region.
The total number of active drilling rigs for oil and gas in the United States held steady this week, according to new data ...
New rules are menat to start reducing the amount of fresh water companies use when they drill and frack wells in Colorado.
Cairn Oil & Gas, an India-based private oil and gas company and Vedanta Group entity, has formed a strategic alliance with ...
Billions of gallons of freshwater are used for fracking every year in Colorado. Companies will now have to gradually increase ...
The Permian Basin has long been at the heart of America’s energy industry, fueling economic growth with its vast reserves of oil and gas. But as drilling ...