U.S. drilling activity increased with the Permian Basin leading the surge, as Baker Hughes reports a rise in rig count for ...

Growth next year is expected to only be slightly less. “We’re getting more for every dollar we’re spending,” says chief ...

The rig count in the Permian Basin was up five this week, the latest count Friday by Baker Hughes shows, with 303 rigs active in the region. A year ago, 311 rigs were active in the region. Nationally, ...

The rig count in the Permian Basin was up five this week ... A year ago, 311 rigs were active in the region. Nationally, the oil and gas rig count is up six from last week at 582 rigs.

Baker Hughes noted that oil rig numbers decreased by six to 472, while gas rigs saw a slight increase of one, reaching 99. In ...

The total rig count rose by six rigs, to 582, according to Baker Hughes, down 37 from this same time last year.

Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.