Page 85 - Oil Patch News Today

From the oil field to the back office, AI is helping the industry speed up workflows, improve worker safety and better maintain assets.

U.S. energy firms this week added the most oil and natural gas rigs in a week since November, with the count rising for a second week in a row, energy services firm Baker Hughes said in its closely followed report on Friday.

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Beginning Sept. 6 with the U.S. Department of the Interior

Consumers took two hits in the pocketbook this past week. First came the August inflation numbers, with the headline annualized rate rising from 3.2% to 3.7%. And on the heels of that came news that US crude oil, the WTI benchmark price, jumped above $90 per barrel for the first time since last November and is currently trading at $91.05. That increase marks the latest in a series of oil price increases this year. WTI is up 40% from the low point it hit in March of this year and shows a total ye

Vital Energy has signed agreements valued at about $1.17 billion to expand its acreage in the Permian Basin, where dealmaking is gathering pace as drillers tap the largest U.S. oil patch to quickly replenish their depleting reserves.

News from the Oil Patch, Sep. 11John P. TretbarThe Rotary Rig Count f

In the Sept. 3 issue

News from the Oil Patch, Sep. 5John P. TretbarCrude prices have gaine

Recruiters for technology firms are targeting energy industry workers in Texas, offering better pay, career advancement, and better working conditions