NEW YORK (Reuters) - For the past year and a half, a chart of the number of U.S. oil rigs in operation has resembled a death-defying ski slope - but it may be time to get back on the chair lift. The U ...

Baker Hughes on Friday announced that the U.S. rig count last week sank by a show-stopping 15 rigs. In total, the U.S. oil rig count has declined by 52 rigs since its most recent peak of 768 in August ...

NEW YORK (Reuters) - For the past year and a half, a chart of the number of U.S. oil rigs in operation has resembled a death-defying ski slope - but soon it may be time to get back on the chair lift.

Although there is a slight increase in inventory, we can still look to a normalized inventory by the end of summer. Analyst’s Disclosure:I/we have no positions in any stocks mentioned, and no plans to ...

NEW YORK, May 6 (Reuters) - For the past year and a half, a chart of the number of U.S. oil rigs in operation has resembled a death-defying ski slope - but it may be time to get back on the chair lift ...

We expect the US horizontal rig count to fall below 700 by 2027—far below the 2014 average of about 1,250. Our rig count forecast is based on our bottom-up global supply demand model, assuming the US ...

More West Texas oil companies are dumping older drilling rigs and signing contracts for advanced walking units before they're even built - a lucrative tradeoff for U.S. land drillers. In recent months ...