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

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

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.

U.S. energy firms this week kept the number of oil and natural gas rigs operating unchanged, energy services firm Baker ...

AI took center stage in many sessions at the world's largest energy gathering. Oil producers are seeking ways to remain profitable in an environment of plummeting oil prices and worries that U.S.

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 ...

Drilling is underway now; the wells are to be online in the fourth quarter and into 2026. At press time, it had 13 rigs making hole for it in the Delaware Basin and three frac crews at work. “Our ...

Baker Hughes, which has issued rotary rig counts since 1944, describes the figures as an important business barometer for the drilling industry and its suppliers. The company notes that working ...

Perth-headquartered exploration company Noronex (ASX: NRX) is bringing in a diamond drilling (DD) rig to fast-track follow-up work at its Fiesta project located in the Kalahari copper belt in Namibia.

And that's assuming a 1-MW gyrotron. Quaise's hybrid ultra-deep drilling rig will combine conventional rotary drilling with gyrotron-powered mm-wave directed energy drilling, pressure-purged with ...