The number of active rigs in the US jumped by eight this week after falling by two last week, according to data from Houston-based services provider Baker Hughes.

The majority of gains were made by drillers targeting natural gas, who added six rigs overall for a total of 192 units. That is 196 more than in the same week a year ago.

Oil drillers also added two rigs for a total of 766, 392 more than a year ago.

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Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??

In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of)  nor local residents appear to have received any compensation for the minerals extracted from their land.

This area has suffered immense environmental degradation…

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Posted by Char on May 29, 2025 at 14:42

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