The total number of active drilling rigs for oil and gas in the United States rose by 1 this week, according to new data that ...

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 ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, after a 2-rig increase in the week prior. The ...

Oil rigs, particularly the offshore type, are one of the most fascinating parts of the global energy industry. How do they work? How big can they get? Do they float on water? It's not surprising that ...

(Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy services firm Baker Hughes said in its closely followed report on ...

Dec 20 (Reuters) - A new generation of land-based oil and gas rigs is halving drilling time and cutting costs for customers, but also setting a clear divide for investors between firms that have the ...

The number of drilling rigs working in the US and Canada fell by 13 the week ended Dec. 19, according to Baker Hughes. In the US, 542 rigs were working, down 6 units from a week ago. The count is 47 ...