Oilfield services firm Baker Hughes said Friday its U.S. rig count fell four rigs to 559, the sixth consecutive weekly ...

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Baker Hughes said its weekly US rig count fell for a fifth consecutive week to 563 rigs, the lowest level since November 2021 ...

The number of total drilling rigs in the U.S. fell for the fifth straight week, down by 3 to 563 to the lowest level since November 2021, Baker Hughes reported.

While most people think of offshore oil platforms as the only types of oil rigs, thanks to one of the largest oil spills on record in the Gulf of Mexico, there are plenty in use on the land as well.

The world's largest platform, the Berkut oil rig in the Russian Pacific, weighs about 200,000 tons. The Petronius, located 130 miles off the coast of New Orleans would be the fourth tallest ...

In the Permian shale in West Texas and eastern New Mexico, the nation’s biggest oil-producing shale basin, drillers cut two rigs, leaving 285 rigs, the lowest since December 2021. In New Mexico ...