Rigs And News Today

HOUSTON, May 5 (Xinhua) -- The number of active drilling rigs in the United States fell to 748 this week, down by seven from the previous week but up by 43 from

Lower 48 oil and natural gas production is on the rise, particularly in the Permian Basin, but shortages of labor, materials and equipment will prevent a

Each month the EIA produces four reports which project oil output for the US and the World. Read more.