The US tally of active drilling rigs increased by 13 to 870 during the week ended Apr. 28, marking the 12 th double-digit rise during 15 straight weeks of gains, according to Baker Hughes Inc. data.

US-based Parker Drilling said it had been awarded new contracts for three international land rigs operating in Mexico and Turkmenistan. Parker said it was awarded a two-rig, three-year contract for ...

Calgary, Alberta--(Newsfile Corp. - May 12, 2021) - Xfuels Inc. (OTC Pink: XFLS) is pleased to report that its wholly owned subsidiary Cycle Energy Services Inc. has ...

Drilling giant Valaris is tapping the capital markets to help fund the purchase of two newbuild drillships. New York-listed Valaris last week revealed a double swoop for the units under construction ...

A decrease in the US rig count is attributed to a double-digit decrease in oil-directed units. The US drilling rig count for the week ended May 19 was down 11 units to 720, according to Baker Hughes ...

The total number of total active drilling rigs in the United States fell by 15 this week, according to new data from Baker Hughes published Friday, falling by 52 over the last four weeks—the largest 4 ...