UK independent Premier Oil is scouting the market in search of a deep-water drilling rig to conduct an exploration programme in the Ceara basin off Brazil, writes Fabio Palmigiani. Well-informed ...

The tender asked for rigs capable of drilling in water depths of 1500 metres and to a total depth of 7000 metres. The bidding was split into two packages, one offering a three-year contract, and the ...

The total number of active drilling rigs for oil and gas in the United States fell this week, while weekly U.S. crude oil ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that ...

The number of operating drilling rigs in the United States fell below 900 this week for the first time since 2017 as oilfield activity continues to slow and crude prices remain in a sort of purgatory ...

The current decade will be dominated by structural inflation and higher commodity prices. Oil and gas drillers will benefit significantly from those dynamics. Seadrill is well-positioned to take ...

We came across a bullish thesis on Transocean Ltd. on Deepwater Insight’s Substack by Tommy Lee. In this article, we will ...

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

Transocean said Thursday that the deep-water drilling rig off Ghana that was evacuated Wednesday after it took on water remains stable. The company is working on unmooring the Transocean Marianas, ...

Some people assume more drilling will lower skyrocketing gas prices. Surprise — the U.S. drills plenty, but that won’t save us at the pump. Some people assume more drilling will lower skyrocketing gas ...