A Houston-based oil company has rebuffed the authority of the California Coastal Commission in a bid to revive drilling off ...

U.S. energy firms this week cut the total number of rigs operating for a second week in a row, even as the number of oil rigs ...

HOUSTON, TEXAS / ACCESS Newswire / April 3, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of March 2025, the Company had an average of 106 drilling rigs operating i ...

Saudi operator has renewed the deal for one of the jack-ups owned by ADES, offering a contract renewal for the jack-up rig ...

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Like Texas, the Permian Basin was down three rigs to 294 rigs for the week and the lowest level since February 2022. The ...

Valaris Limited VAL and Jadestone Energy are developing the Montara field offshore Australia, for which the Valaris 247 jack-up rig has arrived at the location. The jack-up rig is scheduled to ...

North American drilling activity declined for the week ended Apr. 4 with 743 rotary rigs working in the US and Canada, Baker Hughes reported Friday. North American drilling activity declined for ...

Prudential Financial Inc. grew its position in Transocean Ltd. (NYSE:RIG – Free Report) by 899.8% during the fourth quarter, ...

Transocean Ltd.’s RIG share price has dipped by 20.22%, which has investors questioning if this is right time to buy.

The number of active rigs drilling for oil and gas in the U.S. fell for a second consecutive week, shedding 2 to 590, Baker Hughes said Friday in its latest report. The decline reduces the total rig ...