Some of the biggest US shale-oil producers plan to slash about 4% of their drilling rigs by the end of the year, according to a survey from one of the largest providers of the equipment.

Offshore drilling company Valaris has secured over $1 billion of new contracts and extension for its drilling rigs since its ...

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.

Did you know that after the completion of the construction of one of the tallest buildings in the world - the Empire State ...

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Imagine standing on the banks of a calm Louisiana lake, birds darting overhead, and a light breeze rippling the water’s ...

Of the rigs working in the US and its waters this week, 483 were drilling for oil, 2 more than last week; 99 were drilling for gas, up 1 from last week; and 5 were unclassified. There were 571 ...

In this article, we are going to take a look at where Transocean Ltd. (NYSE:RIG) stands against other best oil and gas penny stocks to invest in now. The oil and gas sector faces a pivotal moment ...

One drilling rig executive told Upstream his company had looked at the Can Do, but the price was too expensive. A Singapore-based expert said there are 12 warm-stacked drillships globally and that ...

Borr Drilling Limited (NYSE:BORR) works as a top offshore shallow-water drilling contractor, using jack-up rigs across the Middle East, Southeast Asia, West Africa, and Latin America. It provides ...

Matador Resources beat expectations for Q1 adjusted earnings and revenues and announcing a $400M stock buyback program.

TALLAHASSEE, Fla. (WCTV) - A bill that would ban oil drilling near the Apalachicola River is one step closer to landing on the governor’s desk. On Wednesday, the Florida Senate approved the bill ...