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LONDON--(BUSINESS WIRE)--Technavio’s latest market research report on the global land drilling rigs market provides an analysis of the most important trends expected to impact the market outlook from ...

LONDON--(BUSINESS WIRE)--New market research study by Technavio on the global workover rigs market projects the market to grow at a CAGR of more than 5% during the period 2019-2023. This research ...

On a drilling rig towering above quiet cattle farms in Southeast Texas, Eric Williams perched inside the cabin of the 16-story machine, twisting a pair of joysticks to guide a gigantic wrench roaring ...

- The U.S. rig count has hit its lowest level in decades, but the global rig count is also at a record low. - Offshore rig providers are going bankrupt at the fastest pace in years. Valaris (NYSE: VAL ...

HOUSTON, Nov. 19-- Offshore drilling contractor Global Marine Inc., Houston, reports its worldwide Summary of Current Offshore Rig Economics (SCORE) for October fell 3.1% from September. The worldwide ...

CEO John Lindsay described fiscal 2025 as "a pivotal year for H&P," highlighting strong fourth quarter results and the company's resilience. He indicated that "the recent update from IEA now projects ...

The "Global Offshore Drilling Rigs Market 2018-2022" report has been added to ResearchAndMarkets.com's offering. The Global Offshore Drilling Rigs Market to grow at a CAGR of 7.39% during the period ...

US drilling activity fell this week, down 4 units to 619 rotary rigs still working this week, said Baker Hughes. That's down from 762 active rigs in the same period last year. Land operations were ...

Baker Hughes reported on Thursday that the number of oil and gas rigs in the US fell again this week by 62, falling to 602, with the total oil and gas rigs clocking in at 420 fewer than this time last ...