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 2 rig dip in the prior week.

drill' when prices were lower," he added. The U.S. oil rig count stood at 506 at the end of March, down by 382 rigs since 2018, which was the peak in the last decade. "If oil prices stay in the $ ...

There, an oil company will set up a specially designed rig to drill the basin’s first-ever deep wells, which the landowners hope could lead to the discovery of the state’s next big oil field.

Many companies say they cannot drill profitably if oil prices fall under $65 a barrel ... we'll see a definite drop in the rig count," said Roe Patterson, managing partner of Marauder Capital ...