The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 1 rig dip in the prior week.

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

A small city grew up around the rig, consisting of accommodation blocks, a theatre, shops, medical facilities, a football ...

The total U.S. rig count decreased by one week on week and the total Canada rig count decreased by 17 during the same period, ...

(Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report ...

Cairn Oil & Gas has signed a contract with Parker Wellbore to deploy a high-performance drilling rig in Rajasthan, boosting ...

Cairn Oil & Gas, a part of the Vedanta Group and India’s largest private oil and gas exploration and production company, has ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

ODESSA — When President Donald Trump boasted about falling oil prices on social media early Monday, the Texas oil and gas industry didn’t cheer along with him.

Transocean Ltd.’s RIG share price has dipped by 20.22%, which has investors questioning if this is right time to buy.