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The price to rent a deepwater drilling rig may climb to near record levels if demand from oil companies continues to increase in the coming years, according to the head of the world’s biggest ...

NEW YORK, Sept 13 (Reuters) - Oil prices fell on Friday as U.S. Gulf of Mexico crude production resumed following Hurricane Francine and rising data showed a weekly rise in U.S. rig count.

Sept 13 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in five weeks in the biggest weekly rise in a year, energy services firm Baker Hughes (BKR.O ...

Massive, offshore rigs the size of skyscrapers remain at sea around the world. Here's why these environmentalists say some should be left alone. An oil rig in the Gulf of Mexico, off the coast of ...

Recently, Chief Executive Officer of Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, disclosed that the country’s oil rigs had increased to 30, from 11 in 2011.

Oil prices fell on Friday (Sep 13) as US Gulf of Mexico crude production resumed following Hurricane Francine and rising data showed a weekly rise in US rig count. Brent crude futures settled at US$71 ...

Oil prices fell on Friday as U.S. Gulf of Mexico crude production resumed following Hurricane Francine and rising data showed a weekly rise in U.S. rig count. Brent crude futures settled at $71.61 ...

Oil: Saudis Are Cutting? Well, U.S. Is Producing More and More By Barani Krishnan - Aug 19, 2023 93 U.S. crude production hits three-year highs for two weeks despite a 15% drop in drilling rigs.

even as employment in the industry has declined and the number of oil rigs in operation has decreased by 30 from about a year ago, according to the Baker Hughes rig count. At the same time ...

This sale presents a unique opportunity for businesses in the oil and gas industry to acquire premium workover rigs at competitive prices. Buyers can submit bids for individual assets or the ...