On the sunlit porch of a farmhouse in the Canadian province of Alberta, Don Casselman planted his feet, gripped a laminated ...

China is making rapid strides in catching up with developed nations in offshore drilling, driven by a push toward scientific ...

The company expects that these rigs will be removed from the global drilling supply and repurposed for alternative uses or scrapped. In addition, VALARIS 75 jack-up rig has been sold for $24 million ...

The number of rigs drilling for natural gas jumped three rigs to 102 rigs but remains down 17 rigs or 14% from 119 the previous February. For the month, the gas rig count was up four rigs.

Drilling activity posted a third consecutive weekly increase, the first such trend since December 2023. Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count was up two rigs to ...

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Steel plays a crucial role in oil production, from drilling rigs to pipelines, and the new tariffs could drive up costs for ...

The number of active rigs drilling for oil and gas in the U.S. rose by 2 to 588 for a third consecutive weekly gain, Baker Hughes said Friday in its latest report. Despite the increase ...

HOUSTON, Feb. 14 (Xinhua) -- The number of active drilling rigs in the United States stands at 588 this week, up by two from the previous week but down by 33 from a year ago, according to the ...

Despite the increase to the most since June, Baker Hughes said the total count was still down 34, or 5% below this time last year. Drilling rigs targeting crude oil in the U.S. climbed by 7 to 488 ...

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