In its last weekly release, Baker Hughes Company BKR stated that the U.S. rig count was lower than the prior week’s figure. The rotary rig count, issued by BKR, is usually published in major ...

Borr Drilling (NYSE:BORR) -8% in early trading Thursday after saying it received a notice of temporary suspension for its Arabia I jack-up rig currently under contract with Saudi Aramco. Borr (BORR) ...

The number of oil and natural gas rigs, operating in the US fell this week for the first time in six previous weeks, energy ...

Dallas-based Matador Resources Co. and San Mateo Midstream LLC— the company’s 51%-owned midstream joint venture with Houston private equity firm Five Point Energy LLC (49%) began operating a fifth ...

One day last fall, Sabrina and Ralph Jones spotted four wooden surveyor stakes in the farm field across the street, each one marked with a strip of orange plastic. That, the Joneses say, was their ...

The US drilling rig count fell by 1 unit during the week ended Jan. 11, with the total number of rotary rigs reaching 1,761, Baker Hughes Inc. reported. This compares with 1,987 rigs working in the ...

A Texas company wants to drill for oil off Santa Barbara County's coast. Experts say its path to oil sales is looking more ...

Geothermal energy now stands out as a reliable, low-carbon solution in the transition to a balanced energy mix. While conventional geothermal systems rely on specific geological conditions, such as ...

US operators return to the record books. June output topped 13.6 million barrels a day according to the latest government ...

Swedish equipment brand Sandvik announced a new battery electric surface drill rig in a bid to create more efficient, cost-effective drilling operations. And, yes – the irony here is delicious! In ...

Esgian's last roundup of the year for the Week 52 puts spotlight on new developments for Dolphin Drilling semisub, Seadrill drillships, as well as Shell’s plans for Australia and ONGC’s new tender for ...