There were 6 additional rigs drilling for oil this week in the US to end the week with 413. Oil-directed rigs in Canada increased by 5 units from a week ago.

S&P could lower Precision’s rating if funds from operations to debt approaches 45% with no clear path to improvement, while an upgrade could occur if the company increases scale while maintaining ...

I.1 Rig automation: Integration of mechanized equipment, sensors, and control software to execute repetitive and complex drilling tasks with minimal human intervention while maintaining safety ...

DRILLING contractor GlobalSantaFe will exit the land drilling business through the planned sale of its land drilling assets to Canada's Precision Drilling for $316.5 million in cash. The two companies ...

US oil and gas drilling rig activity increased this week with the addition of 7 rigs, bringing the total working rigs to 549. This week’s count, however, is down 38 rigs from the comparable period a ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday as operators continue to scale back. The total ...

Muscat – Abraj Energy Services, Oman’s leading oil and gas field services provider, has been awarded four contracts worth a ...

If the federal Bureau of Ocean Energy Management gets its way, 19.88 million acres of Eastern Gulf will be opened to offshore drilling. Eastern Gulf offshore rigs could be as close as 100 miles south ...

Nabors Industries (NBR) +1% pre-market Monday after saying its SANAD land drilling joint venture in Saudi Arabia received notice requesting two rigs, for which work had been temporarily suspended, to ...

Chevron said on Friday it will participate in Nigeria’s next oil licensing round and plans to deploy a drilling rig in late 2026 as it seeks to expand operations in Africa’s top energy producer.

Noble Corporation plc NE, a leading offshore drilling contractor, has begun its drilling campaign at the Malampaya-Camago field offshore the Philippines. In 2024, Noble’s drillship, the Noble Viking, ...