Valaris Limited VAL, an offshore drilling services provider, has announced that it will permanently retire three semi-submersible rigs as part of its efforts to streamline its drilling fleet.
As President Trump promises to “unleash” oil and gas drilling, Atlas Energy has announced plans to acquire Moser Energy for $220 million. Structured as a stock purchase, Atlas will pay $180 million in ...
"The number of operators in CBG is very low. Establishing cost and price reasonability is an issue, considering it is a new ...
U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, ...
China National Petroleum Corp announced on Thursday that it has completed the drilling of the deepest vertical well in Asia, ...
U.S. drilling activity increased for the third consecutive week, with Texas adding the most rigs, according to Baker Hughes.
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that ...