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U.S. rig count declines by 1 to 568

oil rig, rig count,

Baker Hughes’ latest rig count report shows the number of rigs drilling for oil rose by two this week to 452. Rigs drilling for natural gas was down 2. The total rig count fell by one to 568, still higher than the May low of 404. Total offshore rigs are down 12 from last year at this time. States losing ...

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AP Interview: IMF says low oil prices still hurting Mideast

middle east oil, mideast economy, oil prices, OPEC

DUBAI, United Arab Emirates (AP) — Oil-producing Mideast countries are coping with low global oil prices though more government reforms are needed, the International Monetary Fund’s chief for the Mideast said as the organization issued a new report Wednesday showing weak economic growth in the region. Masood Ahmed also told The Associated Press that Iran’s economy beat expectations by growing ...

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Laborers union applauds Dakota Access pipeline ruling

North Dakota oil production, pumpjack

BISMARCK, N.D. (AP) — North Dakota’s congressional delegation and a laborers union are applauding a federal appeals court ruling allowing construction to continue on a small stretch of the four-state Dakota Access pipeline. The ruling Sunday clears the way for pipeline work to resume within 20 miles of Lake Oahe in North Dakota. The pipeline is otherwise nearly complete. The ...

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North Dakota taps Wisconsin deputies for Dakota Access help

Sacred Stones camp, Sioux, Dakota Access, pipeline protest

BISMARCK, N.D. (AP) — North Dakota officials say Wisconsin is lending law enforcement resources to authorities responding to the Dakota Access pipeline protests. Officials said Friday that Wisconsin will provide up to 40 sworn sheriffs’ deputies from Dane County and the surrounding area to support the Morton County Sheriff’s Office in North Dakota. Officers will assist for up to 21-day ...

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US rig count up 2 this week to 524

rig count, Baker Hughes

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by two this week to 524. A year ago, 795 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration. Houston oilfield services company Baker Hughes Inc. said Friday that 428 rigs sought oil and 94 explored for natural gas ...

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Port Fourchon to expand for deepwater rig operations

offshore drilling, Port Fourchon

PORT FOURCHON, La. (AP) — The Greater Lafourche Port Commission says agreements have been reach that will advance a plan to develop the Gulf’s first purpose-built, deepwater rig repair and refurbishment facility to service the oil and gas industry. Chett Chiasson, Port Commission executive director, said in a news release the agreement is with the Edward Wisner Donation, granting the ...

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