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.

Baker Hughes reports a rise in US drilling activity, with the rig count increasing by four to 586, marking a second consecutive weekly gain.

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

Sara Vance and Roxanne Groff, members of the pro-environmental organization, said the incident at Salt Fork is “not out of ...

Exploration well 35/6-5 S, the first in production license 1110, was drilled to a vertical depth of 3,933 m subsea by the ...

Cairo: bp has successfully completed the drilling activity at the “El King-2” exploration well in the North King Mariout ...

Q4 2024 Earnings Call Transcript February 5, 2025 Operator: Good day, ladies and gentlemen, and thank you for standing by.

Impact has a 9.5% interest in each of Blocks 2912 and 2913B. Africa Oil currently has a shareholding of approximately 39.5% ...

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 ...

Twenty-one frontier wells are expected this year — up from 19 in 2024 — with 11 of these targeting frontier basins, whilst ...

HOUSTON, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford” or the "Company”) announced today its results for the fourth quarter of 2024 and full year 2024.

A pair of abandoned oil wells that were leaking into a lake at an Ottawa County park have been cleaned out and capped off.