The weekly rig count increased in the US and dipped slightly in Canada, according to Baker Hughes. There were 587 rotary rigs working in the US and its waters compared with 613 for the comparable ...

Texas shale-oil company Matador Resources Co. plans to drop one of its nine drilling rigs by the middle of the year in response to plunging crude prices. Image by PashaIgnatov via iStock Texas ...

Drilling for oil is essential to the Permian Basin and across the country by powering the economy and providing workforce ...

The Pit Viper 271 E rotary blast hole drill rig that offers the same levels of performance that the diesel Pit Viper line is acclaimed for. Its patented cable feed system that prolongs component ...

One drilling rig executive told Upstream his company had looked at the Can Do, but the price was too expensive. A Singapore-based expert said there are 12 warm-stacked drillships globally and that ...

We recently published a list of the 10 Most Undervalued Canadian Stocks to Buy According to Wall Street Analysts. In this article, we are going to take a look at where Precision Drilling Corp ...

Dubai-based offshore driller Vantage has secured a provisional contract for an ultra-deepwater drillship that has not worked for about one year. The company said it received a conditional letter ...

Sensor Technology Ltd proudly introduces the SGR523, a state-of-the-art digital rotary torque sensor equipped with an integrated incremental angle encoder. This innovative addition to the TorqSense ...

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 ...

Rhino Resources, the operator of the petroleum exploration license (PEL85), and its partners have found oil in the Capricornus 1-X well in Orange Basin, offshore Namibia.The Capricornus 1-X well, ...

This marks the start of the Company's 3,000-metre drill program following the receipt of updated permit approval earlier this year. The drill program is designed to test five priority target areas ...