The deepest offshore oil well was over 35,000 feet by the Deepwater Horizon, and the Maersk Voyager operated in the deepest ...

The number of total drilling rigs in the U.S. fell for the fifth straight week, down by 3 to 563 to the lowest level since November 2021, Baker Hughes reported.

Oil has been powering the global economy for over a century, and its extraction is a highly complex and challenging process, ...

Shipbroking group SSY is starting a new offshore drilling rig business, two years after breaking into brokerage for offshore ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. It was the ...

Get the latest insights on U.S. economic trends! From trade deficits to consumer sentiment & Fed speeches, here's what to ...

Equipment manufacturer Sandvik Mining has launched its AutoMine Surface Fleet solution, aiming to shape the future of ...

The key hurdle is that conventional drilling technology cannot reach these extreme depths. This is precisely the problem that ...

His company has 15 people and three drilling rigs, and he gets hired as a subcontractor for geo projects pretty regularly. Generally, it makes up at least 25% of their work. Problem is, there just ...

U.S. crude oil production surged to an all-time high in March, reaching 13.488 million barrels per day, according to newly ...

Sandvik Mining and Rock Solutions has announced a comprehensive update of its Pantera DPi series drill rigs. Since 2008, ...

Highlights •Completed 29 drill holes out of a planned 37 holes in Phase 2 for 8,647m of diamond drilling. •Many results ...