Patterson-UTI Energy Inc., a drilling contractor based in Snyder, Tex., agreed to buy $100 million of rig components from National Oilwell Varco Inc. to build 15 land drilling rigs in 2007. HOUSTON, ...

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

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 Biden administration is proposing sweeping reforms to where new drilling can occur on federal land. Oil companies say they're draconian and will do little to address climate change. Oil prices ...

This story was originally published by High Country News and is reproduced here as part of the Climate Desk collaboration. On April 12, the Department of Interior released a new rule that will impose ...