Later this spring, barges of heavy equipment will pull away from a launch on Alaska’s road system and begin a journey up the Yukon River. More than 100 miles upstream, a tributary, Birch Creek, ...
Oil drove the gain in Canada, with 128 rigs drilling for oil this week. In the US, gas-directed rigs increased by 2 to 127, ...
The Trump administration has been making moves to open up oil and gas drilling to create jobs and increase energy security.
BANGALORE, Aug 3 (Reuters) - Contract driller Rowan Cos Inc reported a quarterly profit that beat analysts' estimates, backed by strong land rig utilization, and said clients were shifting capital ...
The Zacks Oil and Gas - Drilling industry consists of companies that provide rigs (or specialized vehicles) on a contractual basis to explore and develop oil and gas. These operators offer drilling ...
The contractor has explored the potential divestment of LeTourneau in the past, most recently as a result of pressure from large shareholders within the company who believed the full value of the ...
The Zacks Oil and Gas - Drilling industry is facing several headwinds. First, the U.S. rig count has been gradually declining and has fallen around 15% from a year ago, dampening drilling activity and ...
A major state variances subcategory included in the rig count showed that, week on week, Wyoming added three rigs, and ...
Egyptian Drilling's EDC Rig 53, a newbuild heavy land rig, has been commissioned and commenced a one year contract with Merlon El Fayum in the Western Desert of Egypt. EDC Rig 53 spud its first well ...
Helmerich & Payne, Inc. (NYSE: HP) today announced that notice has been received to recommence operations on seven land rigs ...
North American drilling activity declined for the week ended Dec. 13 with 780 rotary rigs working in the US and Canada, Baker Hughes officials reported Friday. Fewer oil-directed rigs working in ...
MBPS operates 21 rigs, including 10 land rigs and 11 workover rigs, across Oman, Kuwait, Bahrain, and Saudi Arabia. The ...