Crude oil prices hovered below $100/bbl in fourth-quarter 2007, keeping drilling crews busy and motivating operators to invest in capital-intensive projects. As the prices rose through 2008, more new ...

Operators are drilling on and offshore the eastern Canadian provinces, moving forward with most project plans and work commitments but letting others slide. Click here to enlarge image According to ...

A new U.S. Geological Survey estimate of offshore oil and gas resources may be unlikely to drive drilling interest. Drillers could tap an estimated 1.8 billion barrels of crude oil from an area deep ...

Odfjell Drilling will retrofit its newest deepwater, semi-submersible drilling rigs in the North Sea’s Norwegian sector with the Siemens Energy BlueDrive DC-Grid system. The upgrades will be carried ...

Schlumberger is bracing itself for an acceleration in deep-water drilling activity as international oil companies increase upstream spending on the back of high oil and gas prices. Chief executive ...

Driven by high natural gas and crude oil prices, gas and oil prospectors are operating in Western Pennsylvania at levels not seen in more than a decade. Statewide there is a 20-percent surge in the ...

Dan Kish is a distinguished senior fellow at the Institute for Energy Research. The federal government’s restrictions on extracting and transporting oil and gas can play a huge role in driving up gas ...

Mubadala Petroleum is drilling a shallow-water exploration well near its Jasmine oilfield in the Gulf of Thailand where it has been drilling constantly over the past months. The Faicome-1 exploration ...

In golf, a great caddie helps tune a professional golfer's performance, matching their skill, choice of club and type of swing to the course and weather conditions. A recent analysis of drilling ...