Oil and Gas Workforce Declines

Oil and Gas Workforce Shrinks The number of employees in the oil and gas extraction industry has dropped by thousands since the start of the year, data on the U.S. Bureau of Labor Statistics (BLS) website shows. According to the data, which was accessed by Rigzone, the number of employees in the sector has declined […]
Oil Rig Count Declines as WTI Drops Below $70

Oil Rig Count Lags As WTI Falls Below $70 The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 1 rig gain in the prior week. The total rig count in the US fell by […]
Oil Rig Count Declines as Oil Prices Experience Largest Weekly Increase Since 2022

Oil Rig Count Drops as Oil Prices See Strongest Weekly Gain Since 2022 The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday. The total rig count fell by 2 this week to 585, compared to 619 […]