CALGARY – Precision Drilling is trimming its planned 2025 capital spending due to market uncertainty and a possible dip in ...

U.S. drilling activity sees a slight uptick with two additional rigs, marking the first increase in four weeks.

Many oil company executives celebrated Donald Trump's return to the White House. But now expectations of higher profits are ...

while Baker Hughes data showed that both oil and natural gas rig counts dropped significantly across the U.S. compared to last year. In February 2025, the average number of drilling rigs operating in ...

The new ultra-deepwater drillship Atlantic Zonda ... Ventura and its subsidiaries own and operate two semi-submersible drilling rigs, Victoria and Catarina.

The rigs were provided by the Egyptian General Petroleum Corporation (EGPC) to intensify oil well drilling in the Gharib fields, the Eastern Desert. In a report to the Ministry of Petroleum and ...

Halliburton has reported a decline in first-quarter profit due to reduced drilling activity in ... Mexico is proposing new contract models for the oil sector while struggling to pay off billions ...

The U.S. Interior Department on Friday said it would begin taking public input for a new five-year offshore oil and gas leasing ... agencies to identify ways to increase already record high U.S. oil ...

The number of rigs targeting crude oil fell by 14, while those targeting natural gas dropped by 19. Louisiana’s drilling activity saw even steeper losses. The report shows just 32 rigs operating ...