US oil and gas drilling operator Noble has secured a new contract worth approximately $70m from Shell for its ...

The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 586, Baker Hughes said in its latest weekly report.

The active rig count in the US was up by 4 units for the week ended Feb. 7 with 586 rigs running, according to Baker Hughes data.

Drilling activity continues to trend upward, posting a second consecutive weekly gain. Oilfield services firm Baker Hughes said Friday its U.S. rig count rose four rigs to 586 rigs for the week.

CNOOC Ltd. started production at the Bozhong 26-6 Oilfield Development Project (Phase I) in central Bohai Bay in about 20 m of water.

The operator plans to exploit Hercules, along with other nearby discoveries. Beach last year filed an offshore project ...

The reservoir of the Bozhong 26-6 oilfield is buried in metamorphic rocks beneath the seabed at a depth of over 4,500 meters, and its formation temperature can reach 178 degrees Celsius, making its ...

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

TotalEnergies has firmed up a plan to drill another ultra-deepwater exploration well in Namibia close to its Venus oil ...

Financial analysis of NOV's Q4 2024 performance and outlook for 2025, indicating potential limitations on free cash flow and shareholder returns. Click here to read.

Nabors Industries Ltd. NBR is set to report fourth-quarter earnings on Feb. 12, after the closing bell. The Zacks Consensus ...