Waves lashed the Ocean Ranger oil rig knocking out a porthole window and allowing water to submerge the ballast control room, ...

Drilling activity posted a third consecutive weekly increase, the first such trend since December 2023. Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count was up two rigs to 588 ...

The added rigs are evenly split, one oil-targeted, and one gas-targeted, bringing the respective totals to 481 and 101 rigs ...