The total active drilling rig count for oil and gas in the US rose to 548 this week, primarily due to an increase in gas rigs, while active oil rigs remained unchanged. Weekly U.S. crude oil ...
The newest development is designed to produce up to 180,000 barrels of oil per day and 254.27 million cubic feet of gas per ...
Brazilian oil output is rebounding from outages that removed more than 300,000 barrels a day last month, highlighting how Latin America’s largest crude producer can confound OPEC efforts to ...
U.S. September oil production increased by 44 kb/d to 13,844 kb/d, another new record high. Texas production has rebounded since the weather-related January 2025 drop. Colorado began 2025 with 6 rigs ...
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Upstream operators adjust strategies as oil moderates, gas supports
The U.S. upstream oil and gas sector continues to operate in a complex macro environment, marked by easing crude prices, resilient natural gas demand and heightened capital discipline. While global ...
(The Center Square) – The U.S. oil and natural gas industry set oil and natural gas production records in November. Crude oil output reached an estimated 5.9 million barrels per day in November, the ...
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