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.

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 ...

The company warns tariffs and weak oil prices will hit oilfield activity on the continent and hurt its revenues also.

Halliburton on Tuesday warned of a second-quarter earnings impact from tariffs and lower oilfield activity in North America ...

In February 2025, the average number of drilling rigs operating in the United States stood at 590 — down 32 rigs from the same month in 2024, a 5.1% year-over-year decrease. The number of rigs ...

Drilling activity inched higher as more rigs went to work across the U.S. for the first time in four weeks. Oilfield services firm Baker Hughes said its weekly U.S. rig count rose two rigs to 585 ...

(The Center Square) – President Donald Trump issued a proclamation Thursday opening 400,000 square miles in the Pacific Ocean back up to commercial fishing. The area had been protected by two ...

Equinor ASA EQNR, the Norwegian integrated energy firm, has received the approval of the Norwegian Ocean Industry Authority (Havtil) to conduct drilling activities in a field located offshore Norway.