News

Under Trump, Texas firm pushes to restart Santa Barbara oil drilling. Is it skirting California laws?
A Houston-based oil company has rebuffed the authority of the California Coastal Commission in a bid to revive drilling off ...
Crude oil sinks to lowest in nearly four years; refiners, oilfield service stocks smacked
U.S. crude oil futures plunged to nearly four-year lows in a second day of heavy selling after China retaliated against President Trump's tariffs with its own duties on U.S. goods.
Odessa American4d
Basin rig count down three as prices tumble
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
MT Newswires on MSN4d
Oil Rig Count Rises by 5; Crude Prices Headed For First Weekly Decline in Four Weeks
The number of oil rigs in the US increased by five during the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil rose to 489, while gas lost ...
World Energy News4d
Baker Hughes reports that the US oil rig number has reached its highest level since June.
Baker Hughes, a leading energy services company, said that the U.S. firms cut back on the number oil and gas rigs for the second consecutive ...
U.S. oil rig count jumps to most since June while gas rigs drop, Baker Hughes survey says
The number of active rigs drilling for oil and gas in the U.S. fell for a second consecutive week, shedding 2 to 590, Baker Hughes said in its latest report.