A robotic rig deployed at a project last year increased productivity by about 50% and consumed 75% less water than the more ...
Offshore rig market faces a challenging year ahead, with falling dayrates and weak demand amid contract suspensions and ...
A federal district judge on Thursday ruled against a Biden administration sale of oil and gas drilling rights in the Gulf of Mexico, faulting the government with failing to sufficiently analyze its ...
Aker BP ASA has been granted a drilling permit by the Norwegian Offshore Directorate for wildcat well 6405/7-4 in production license 1005 northeast of Trondheim in the Norwegian Sea. The well will be ...
The number of active rigs drilling for oil and gas in the U.S. gained 1 to 593, their first gain in three weeks, Baker Hughes said Friday in its latest report. Despite the increase, the total ...
The number of active rigs drilling for oil and gas in the U.S. rose by 1 to 593 for a fifth straight weekly gain, Baker Hughes said Friday in its latest report. Despite the increase, Baker Hughes ...
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, after a 4-rig increase in the week prior.
China Oilfield Services' (COSL) semi-submersible drilling rig Nanhai 8 has begun its voyage to Brazil, where it will work on a multi-year drilling campaign for Petrobras. The rig was loaded onto ...
PETALING JAYA: Sapura Energy Bhd ’s drilling arm, Sapura Drilling, has secured multiple contracts with a combined value of approximately RM3.2bil. In a statement, the group said Sapura Drilling ...
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3 Oil & Gas Drilling Stocks Navigating a Volatile Market
The Zacks Oil and Gas - Drilling industry operates in a volatile environment, influenced by rig availability, contracting activity, and capital expenditures rather than commodity prices alone. A 5% ...
With 199 rigs running, the count is 8 fewer than the 207 units drilling this week a year ago. Canada dropped 35 rigs for the week ended Mar. 14, according to Baker Hughes data. With 199 rigs ...