Baker Hughes reports U.S. rig count at 589 for the fourth week, reflecting a steady but narrow drilling trajectory.
Of them, 49 are directional drilling rigs, 527 are horizontal drilling rigs and 13 are vertical drilling rigs. The Permian Basin in western Texas and eastern New Mexico has been the largest source ...
With 94 rigs running in Canada, the count is down 25% from the 125 units drilling this week a year ago. In the US, 589 rigs were working for the week, unchanged for the second consecutive week.
North American drilling activity declined for the week ended Dec. 13 with 780 rotary rigs working in the US and Canada, Baker Hughes officials reported Friday. Fewer oil-directed rigs working in ...
Noble and Petronas Suriname E&P “entered into an agreement for the high-specification semisubmersible rig Noble Developer to drill three wells offshore Suriname,” the driller confirmed in a ...
ABU DHABI - ADNOC Drilling’s two brand new jack-ups rigs have arrived in the UAE and will start operating by Q1. This takes the fleet size to 142 rigs, adding further to ADNOC Drilling being among the ...
London-listed Vaalco Energy has signed a key jack-up rig contract for an upcoming drilling campaign offshore Gabon that is expected to start by mid-2025. The company did not name the rig ...
The total number of active drilling rigs for oil and gas in the United States stayed the same this week, according to new data that Baker Hughes published on Friday, after rising in the week prior.
Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks Shelf Drilling has announced the sale of its Main Pass I rig for $11 million, marking the rig’s permanent ...