North America dropped six rigs week on week, according to Baker Hughes' latest North America rotary rig count.

Drilling rig Transocean Enabler has struck oil in the Drivis Tubåen, an exploration well located 12 km from the Johan Castberg field. According to preliminary estimates, the size of the discovery is 9 ...

As the sun sets on the oil industry, we explore the far-reaching impacts of shutting down rigs. What does this mean for the ...

GasBuddy's Patrick De Haan spoke with Fox News Digital on gas prices and markets opened slightly higher, oil down.

Cairn Oil & Gas plans to triple output to 300,000 boepd with $3–4 billion investment, new drilling in Rajasthan, Gujarat, and ...

The oil and gas rig count, an early indicator of future output, fell by four to 559 in the week to June 6, the lowest since November 2021. Oil rigs fell by nine to 442 this week, while gas rigs ...

(Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time since September 2023, energy services firm Baker Hughes said in ...

Any offshore oil rig that extends past 1500 meters is considered to be an ultra-deepwater production facility. However, that's still nowhere close to the deepest man has explored in the ocean.

The world's largest platform, the Berkut oil rig in the Russian Pacific, weighs about 200,000 tons. The Petronius, located 130 miles off the coast of New Orleans would be the fourth tallest ...

April 20 marked 15 years since BP’s Deepwater Horizon rig exploded, releasing 134 million gallons of oil off the coast of Louisiana in the country’s largest oil spill. Oil gushed for nearly ...

This map of the Inglewood Oil Field was created in 2016 by Wikipedia user Antandrus and is reproduced via the CC BY-SA 3.0 license. A third report, expected in 180 days, directs the county’s ...

A fire ripped through an oil rig with 176 workers on board in Brazil. The flames broke out on the PCH-1 oil platform in the Campos dos Goytacazes Basin, off the coast of Rio de Janeiro, on April ...