The offshore rig market recovery appears to have taken a pause, with demand tapering off and marketed utilization hitting the ...

US rig count drops to 584 as Permian Basin drilling hits its lowest level in over three years, reflecting a nationwide ...

The number of drilling rigs in the U.S. fell for the first time in three weeks, declining by 3 to 584, according to the latest survey from Baker Hughes.

The number of oil rigs fell by 4 to 479—down by 20 compared to this time last year. The number of gas rigs rose by 2 this ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy ...

Noble Corporation’s recent decision to sell the Pacific Meltem and Pacific Scirocco for non-drilling purposes highlights a ...

Q1 2025 Earnings Conference Call April 30, 2025 12:00 PM ETCompany ParticipantsWilliam Conroy - Vice President ...

We expect demand for rig equipment to remain low, settling around 500 active units by midcycle (compared with nearly 2,000 in 2014). NOV initially obtained its dominance through a series of ...