A plan to expand oil and gas drilling, including seven areas in the Gulf of America off Florida, has been released by the ...

At the heart of the U.S. shale industry in Texas, oil production is climbing. But you wouldn't know that if you talked to ...

Key market opportunities in the Saudi Arabia drilling rigs market include the integration of advanced technologies like IoT and AI, driven by megaprojects such as NEOM, fostering increased demand for ...

This will eventually make current production levels unsustainable," said Denzil West, CEO of Admiral Permian Resources, which produces about 25,000 bpd. THE ECONOMICS OF DRILLING ARE 'UPSIDE DOWN' ...

Transocean Ltd. RIG has announced new contracts for its ultra-deepwater drillship and harsh-environment semisubmersible rigs, collectively adding about $89 million to its firm contract backlog. The ...

Discover Helmerich & Payne’s Q4 2025 earnings insights—global rig growth, technology gains, and capital discipline.

A major state variances subcategory included in the rig count showed that, week on week, Wyoming added three rigs, and ...

U.S. oil and natural gas drilling activity has continued to decline even as production reaches record highs, the U.S. Energy ...

ONGC has set its capex target for the 2025-2026 financial year at $4.3 billion, of which a sizeable portion is likely to be ...

The total number of active drilling rigs for oil and gas in the United States decreased this week, with oil rigs declining by 65 year over year, while gas rigs increased. Despite the fall in active ...

The total number of active drilling rigs for oil and gas in the United States rose for the week ending Nov 21, according to new data that Baker Hughes published on Friday. The ...