To extract heat, a water-based drilling fluid is circulated throughout the loop where it's warmed by the surrounding rock, ...

U.S. rig count increases for the second week in a row, marking the first consecutive rise since February, according to Baker ...

The increased rig count could signal that the market was not as shocked as some had feared by oil prices briefly plummeting ...

The number of active rigs drilling for oil and gas in the U.S. rose for the second week in a row, adding 2 to 587, according to new data published by Baker Hughes.

Texas shale-oil company Matador Resources Co. plans to drop one of its nine drilling rigs by the middle of the year in response to plunging crude prices. Image by PashaIgnatov via iStock Texas ...

U.S. drilling activity sees a slight uptick with two additional rigs, marking the first increase in four weeks.

The weekly rig count increased in the US and dipped slightly in Canada, according to Baker Hughes. There were 587 rotary rigs working in the US and its waters compared with 613 for the comparable ...

A key pledge of President Donald Trump’s energy policy is to “unleash American energy,” make the U.S. energy industry ...

Increased diamond drill rigs mobilized: Two further diamond drill rigs will mobilize to Sunday Creek over the next week to increase the total number to eight rigs operating, with the two ...

The jack-up rig is scheduled to undertake a drilling operation at the Montara field. This drilling operation represents significant part of Jadestone Energy’s capital program for 2025.