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.

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.

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

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 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.

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, ...

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 ...

For the second time in roughly 30 years, oil wells leaking into a Michigan lake have been plugged, according to the state ...

Operator OMV Petrom says the Neptun Deep development is on schedule, as it details its importance to the company and the host country, Romania ...

Our expectations for profitability improvements coupled with the firm’s history of conservative balance sheet management leave us confident that NOV will maintain adequate liquidity to service its ...

Helmerich & Payne missed earnings and revenue expectations amid strategic acquisitions and adjustments to market conditions.

A bill seeks to encourage drilling for oil outside of North Dakota’s highly productive Bakken Formation and take advantage of ...