Coterra halted Marcellus Shale drilling activity and may stop completions as Appalachia waits for stronger natural gas prices ...

A long-hole production drill rig for small to medium-sized drifts, featuring a new carousel design and automation features, was recently unveiled by Epiroc. Part of the company’s Smart series ...

This means some drillers and companies that service them are trading low relative to the value of their expected cash flow and to the drilling rigs, service vessels and other equipment they own ...

NEW YORK (Reuters) - Chinese state-backed oil and chemicals company Sinochem is planning to sell its 40% stake in a U.S. shale joint venture ... of its stake in the Wolfcamp joint venture, one ...

Robert Eifler, chief executive officer at Noble Corp., said Friday in an interview that he’s planning for relatively flat demand growth industry wide for floating drilling rigs next year ...

Shelf Drilling has agreed to buy the remaining shares in its UK subsidiary to solidify its position as the world's third-largest owner of shallow-water drilling rigs. The agreement will see Shelf ...

Australia’s Empire Energy has awarded key contracts for its Carpentaria shale gas pilot project to US services giant Halliburton and Ensign Australia. Ensign’s Rig 965 will drill the ...

Shale producers are pumping more oil per dollar invested in oil fields by drilling wells with fewer rigs and using better fracking techniques, BloombergNEF said in a report published Thursday.

US drilling activity was little changed from a week ago, down just 1 unit with 585 rotary rigs working the week ended Aug. 23. US drilling activity was little changed from a week ago, down just 1 ...

Four drill rigs will be placed at the base of the Oceanside pier later this month to conduct geotechnical borings in preparation for the replacement of the Pier View Way Bridge and lifeguard ...

The oil rig count refers to the number of active drilling rigs extracting oil from the ground at a given time. It is an important metric in the oil and gas industry, as it provides insight into ...