Aker BP and its partners have discovered a dry well in the Njargasas prospect of Norwegian North Sea. The wildcat well 35/6-5 S in production licence 1110 was awarded in February 2021 as part of the ...

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, ...

Q4 2024 Earnings Call Transcript February 6, 2025 Luke Lemoine – SVP, Corporate Development and IR: Girish Saligram – ...

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

Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

Weatherford International is one of the larger oilfield-services firms in an otherwise hyper fragmented industry. However, in terms of size, it remains some distance from the industry’s Big Three: SLB ...

Hendricks expressed confidence in natural gas markets, suggesting potential activity growth by late 2025 and into 2026. Patterson-UTI expects to allocate 50% of adjusted free cash flow to shareholder ...

Fourth quarter revenue of $1,341 million decreased 5% sequentially and 2% year-over-year; full year revenue of $5,513 million increased 7% from ...

The offshore drilling rigs market is growing due to rising energy demand, technological advancements, and deepwater ...

The 2025 Winter Drill Program is now underway and targeting 6,000 - 8,000 metres ("m") of diamond drilling using two drill rigs. The first drill hole of 2025 is an agg ...

In a report released yesterday, Scott Gruber from Citi maintained a Hold rating on Seadrill Limited (SDRL – Research Report), with a price ...