Fight over California coast and offshore oil drilling rekindled by leaked Trump administration plans
A recent Houston Chronicle story reveals Trump administration plans to open large swathes of the California coast to offshore ...
HOUSTON, TEXAS / ACCESS Newswire / November 5, 2025 /PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of October 2025, the Company had an average of 94 drilling rigs ...
The Trump administration has hailed Sable’s plans as the kind of project the president wants to increase U.S. energy ...
Sable purchased the Santa Ynez Unit from Exxon Mobil in 2024 for nearly $650 million primarily with a loan from Exxon. Exxon ...
Total US drilling increased slightly, with 550 rotary rigs working this week, up 2 from last week but down 35 from 585 a year ago, officials said.
North America added three rigs week on week, according to Baker Hughes' latest North America rotary rig count.
In its August 29 rig count, Baker Hughes showed that North America cut seven rigs week on week. The company’s August 22 rig ...
The drilling giant saw revenue in the US fall by about 2% year over year to roughly $250 million in the third quarter, while ...
Oil prices have fallen sharply this year as the global supply has remained strong and demand has been slow to grow.
Oilfield services giants SLB , Halliburton and Baker Hughes are turning to data centers and related artificial intelligence ...
The government said crude-oil imports rose by nearly half a million barrels a day to 5.9 million. Crude exports dropped by ...
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$50 Oil Could Crush American Shale Growth
OPEC+'s decision to pause output hikes offers a temporary reprieve for the US shale industry, which faces significant ...
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