Following 2 straight weeks of steep declines to the rig count in Canada, the week ended Jan. 3, had just one rig withdrawn from operation, according to Baker Hughes.
The Zacks Oil and Gas - Drilling industry faces a mixed outlook, with domestic challenges and international opportunities shaping its future. U.S. rig counts have declined by 18% over the past year, ...
ADNOC Drilling, which accelerated its own growth plans to enable ADNOC’s strategic imperative of expanding production capacity from four to 5 million barrels per day by 2027, expects its owned rig ...
U.S. shale producers, while welcoming Trump's pro-energy stance, are maintaining disciplined capital allocation, prioritizing investor returns over aggressive production growth ...