Drilling activity continues to trend upward, posting a second consecutive weekly gain. Oilfield services firm Baker Hughes said Friday its U.S. rig count rose four rigs to 586 rigs for the week.

The active rig count in the US was up by 4 units for the week ended Feb. 7 with 586 rigs running, according to Baker Hughes data.

US oil and gas drilling operator Noble has secured a new contract worth approximately $70m from Shell for its ...

CNOOC Ltd. started production at the Bozhong 26-6 Oilfield Development Project (Phase I) in central Bohai Bay in about 20 m of water.

Financial analysis of NOV's Q4 2024 performance and outlook for 2025, indicating potential limitations on free cash flow and shareholder returns. Click here to read.

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, ...

Bayswater Exploration and Production (Bayswater), a Denver-based oil and natural gas development company, is pleased ...