Baker Hughes said oil rigs rose by five to 489 this week, their highest since June, while gas rigs fell by seven, the most in a week since May 2023, to 96, their lowest since September.

The number of active rigs drilling for oil and gas in the U.S. fell by 1 to 592, their first decline in three weeks, Baker Hughes said Friday in its latest report. The decline reduces the total ...

Canada has 17 fewer rigs drilling for the week ended Mar. 28, according to Baker Hughes data. Canada has 17 fewer rigs drilling for the week ended Mar. 28, according to Baker Hughes data.

The number of active rigs drilling for oil and gas in the U.S. remained unchanged this week at 592, down by 37 rigs from this time last year, Baker Hughes said Friday in its latest report.

Providing the coiled-tubing drilling increases Baker Hughes’ overall support of the Margham Gas project, which draws upon the mature field of the same name. Already set to supply the company’s ...

Baker Hughes has announced a multi-year contract with Dubai Petroleum Establishment (DPE), on behalf of Dubai Supply Authority (DUSUP), to deliver integrated coiled-tubing drilling services for ...

Baker Hughes secured a multi-year contract with Dubai Petroleum for coiled-tubing drilling in the Margham Gas project. The project enhances Dubai’s energy stability by integrating natural gas ...

Baker Hughes’ expertise in coiled-tubing drilling will enhance the project’s underground gas storage capabilities, drawing from the mature Margham field. This latest contract follows a prior ...

U.S. oil and gas producers are unlikely to increase spending this year and output increases will primarily come from improved efficiencies rather than new drilling, Baker Hughes <BKR.O> Chief ...