If you've ever seen an offshore drilling rig, you know they're absolutely massive. But are these huge rigs, which are ...

U.S. rig count drops for a second week, hitting its lowest since January as drilling activity slows nationwide, with Texas ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy ...

The oil and gas rig count fell by six to 578 in the week to May 9. Baker Hughes said this week's decline puts the total rig count down 25, or 4% below this time last year.

The number of total drilling rigs in the U.S. fell sharply during the past week, declining by 6 to 578, Baker Hughes said in its latest weekly survey.

North American drilling activity declined for the week, with 692 rotary rigs working in the US and Canada. Fewer oil-directed rigs drove the decline.