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 ...

COSL Drilling Europe is examining the development of fully electric blowout preventer (BOP), a move the company says could ...

Sandvik is expanding its industry-leading battery-electric underground drill offering to include a battery-powered cable bolter, the first of its kind. Sandvik DS422iE is a battery-electric rock ...

Oil & Natural Gas Corporation (ONGC) has launched the sale process for a mid-water drillship, as the Indian state-controlled player looks to optimise its drilling fleet. ONGC is pushing ahead with ...

Ranger Energy Services Inc. (RNGR) reported its third-quarter 2025 earnings, revealing a significant miss on both earnings per share (EPS) and revenue forecasts. The company posted an EPS of $0.05, ...

Management indicated that EBITDA (non-GAAP) is expected to trough in 2026, falling below second-half 2025 levels, due to several rigs rolling off contract and limited near-term backlog visibility.

Goldenman Petroleum Equipment Co.,LTD is a professional company. Our main products include: drill rig & Accessories, Drilling Equipments & tools, Drilling Tubular & tubular handling tools, BOP & ...

With the completion of the first infill well the contracted rig will move on to an exploration well which will test a new shallow oil structure. Greentree Gas & Oil Ltd. has commenced a 6-well ...