KLX Energy faced persistent revenue and margin pressure over the last few years from declining oil rig activity, but recent natural gas trends offer some stabilization. The company has as of late ...
My Alerts is a service for subscribers. Please login or subscribe in order to use My Alerts. Higher drilling activity outside of the US was behind a rise in the rig count last month, with onshore once ...
Caturus Energy has announced a multiyear contract with Nabors Industries for the deployment of the onshore drilling rig PACE-X Ultra X33. Caturus executes long laterals and deep, high-pressure wells ...
The outlook for onshore rig demand is improving with elevated commodity prices spurring increased drilling activity in many regions (from the lows of 2020 and 2021). Westwood expects to see a stronger ...
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For more than 70 years now, Baker Hughes Incorporated BHI has been publishing rotary rig counts for the United States and Canada every week. The company has also issued a monthly international rig ...
Drilling specialist KCA Deutag said it has completed the acquisition of a further 44 rigs from Saipem Onshore Drilling’s Latin American business. This complements the previously announced closing ...
(Reuters) - Diamond Offshore Drilling Inc said there were "next to zero" contracts for deepwater rigs, highlighting the contrast between subdued offshore drilling activity and a recent resurgence in ...
Saudi Arabia-based oil and gas drilling services provider ADES Holding Company (ADES) is set to resume several of its drilling contracts in the country. ADES will recommence multiple onshore ...