U.S. drilling activity remains steady with 592 rigs, but the Permian Basin sees a decline, falling three rigs to 301.

The number of active rigs drilling for oil and gas in the U.S. remained unchanged this week at 592, down by 37 rigs from this time last year, Baker Hughes said in its latest report.

The rig is part of a $300 million contract covering deepwater exploration offshore Brazil, where it will operate in water ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. The total number of active drilling rigs for oil and gas ...

Sapura Energy Berhad subsidiary Sapura Drilling said it has secured multiple contracts with a combined value of approximately $716.7 million (MYR 3.2 billion), including an optional period.

Arabian Drilling said it expects to use Shelf Drilling’s international footprint to source new contracts for its offshore rigs. In return, Arabian Drilling will provide Shelf Drilling with ...

Giants like Chevron are increasingly prioritizing efficiency over substantial capital investments or quantitative expansion ...

Transocean Ltd.’s RIG semi-submersible drilling rig, Transocean Barents, is making its way to the Neptun Deep project for a 10-well drilling mission, marking a significant phase in Romania’s offshore ...

The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 592 for a fourth consecutive weekly gain, Baker Hughes said Friday in its latest report. Despite the increase to the ...

The company has hired the Deepsea Atlantic semi-submersible rig from Odjfell Drilling’s fleet to drill the two exploration wells. The drilling activities are scheduled to start in April 2025.

PETALING JAYA: Sapura Energy Bhd ’s drilling arm, Sapura Drilling, has secured multiple contracts with a combined value of approximately RM3.2bil. In a statement, the group said Sapura Drilling ...