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Baker Hughes US Rig Count Hits 323

Baker Hughes reported the total number of rotary drilling rigs operating in the United States grew by three this week. Read Full Article Source: RigZone ...

by TheNewsDoctors | Published 3 hours ago
By TheNewsDoctors On Saturday, December 5th, 2020
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XOM Facing Historic Writedown and More

Here are some of Rigzone’s top upstream stories during the last week, just in case you missed them… Read Full Article Source: RigZone ...

By TheNewsDoctors On Friday, December 4th, 2020
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Oil Prices Advance for Fifth Straight Week

Oil rose for a fifth straight week with support from an OPEC+ deal and hopes for another round of US stimulus. Read Full Article Source: RigZone ...

By TheNewsDoctors On Friday, December 4th, 2020
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Oil Market Outlook Reflects Positive Signals

Here is a recap oil and gas market hits and misses for the week ending Dec. 4, 2020. Read Full Article Source: RigZone ...

By TheNewsDoctors On Friday, December 4th, 2020
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Pentagon Exposes CNOOC to Potential US Sanctions

The Pentagon added four more Chinese companies to a list of firms it says are owned or controlled by China’s military. Read Full Article Source: RigZone ...

By TheNewsDoctors On Friday, December 4th, 2020
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Oxy CEO Sees More US Upstream Consolidation

US upstream producers need to undergo “a lot more consolidation,” Occidental Petroleum’s Vicki Hollub told IHS Markit. Read Full Article Source: RigZone ...

By TheNewsDoctors On Friday, December 4th, 2020
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ConocoPhillips Starts Up Tor II

ConocoPhillips Scandinavia and its partners in the Tor Unit have started production from Tor II. Read Full Article Source: RigZone ...

By TheNewsDoctors On Friday, December 4th, 2020
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Chevron Names Defense and Space Exec to Board

Lockheed Martin Executive Chairman Marilyn A. Hewson will join the Chevron board of directors. Read Full Article Source: RigZone ...

By TheNewsDoctors On Friday, December 4th, 2020
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Denmark to End North Sea Oil Production

Denmark, the European Union’s biggest oil producer, will stop offering new licenses in the North Sea and phase out production altogether in 2050 as it takes an historic step toward a fossil-fuel free future....

By TheNewsDoctors On Friday, December 4th, 2020
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Analysts Look at OPEC+ Deal

Analysts from Wood Mackenzie and Rystad Energy take a look at the latest OPEC+ agreement. Read Full Article Source: RigZone ...