Motorists drive past an oil rig set up alongside Interstate 20 Thursday, July 7, 2022, in Midland, Texas. (Odessa American/Eli Hartman) The Occidental Petroleum Co.’s first quarter highlights included ...

Axis declared a milestone in well service technology with the deployment of an electric-powered rig that it says not only reduces emissions but also improves safety and efficiency. Image by K-Paul via ...

Ranger Energy Services bought American Well Service for $95M, expanding in the Permian and becoming the largest Lower 48 well ...

Renewable fuels, solar power installations, low carbon fuel standards — Kern County's oil industry isn't new to climate action. But who foresaw a hybrid-electric well-servicing rig? A local business ...

DALLAS, March 11, 2024 /PRNewswire/ -- Axis Energy Services announces its successful deployment of the oil and gas industry's first fully electric well service rig on wells operated by Occidental.

HOUSTON--(BUSINESS WIRE)-- Ranger Energy Services, Inc. (RNGR) (“Ranger” or the “Company”) today announced the development of the industry’s first Hybrid Double Electric Workover Rig. This innovation ...

Ranger Energy Services operates in the U.S. oilfield services sector, providing well servicing, wireline, and processing solutions primarily for onshore oil and natural gas producers. Its main ...

May 10—The Occidental Petroleum Co.'s first quarter highlights included the first-of-its-kind deployment of a fully electric well service rig in the Permian Basin. Oxy President-CEO Vicki Hollub ...