Petrobras PBR, Brazil's largest state-owned oil and gas company, has made a significant decision to pause its drilling activities in the Foz do Amazonas Basin following a fluid leak that occurred at ...

Picture an oilfield. Chances are you see a greasy drilling rig surrounded by a group of equally greased-up and grizzled oilmen, moving heavy equipment in a dangerous and labor-intensive environment.

Oil drilling activity in the U.S. will be cut back due to low prices. However, drilling in Canada is robust due to structural factors, at least for now. Precision Drilling gets 2/3 of its revenue from ...

Drilling executives: the U.S. rig count, which has been falling this year, is near its bottom. Last week, two of the world’s top three oilfield service providers, Halliburton and Baker Hughes, ...

U.S. drilling activity is likely at its cyclical bottom; drilling in Canada is expected to remain stable or increase. Ensign Energy has been able to protect its pricing due to the concentration of ...

In its weekly release, Baker Hughes Company BKR stated that the U.S. rig count was higher than the prior week’s figure. The rotary rig count, issued by BKR, is usually published in major newspapers ...

Iraq's largest oil rig has completed a critical phase at the Majnoon oilfield to increase the country's oil output.

Latshaw drilling rig #19 operates in the midst of a cotton field Monday, Dec. 27, 2021, in Stanton, Texas. (Odessa American File Photo) The advancements in technology that have decreased the number of ...

Precision Drilling ( (TSE:PD) ) has provided an announcement.

Dublin, Aug. 27, 2019 (GLOBE NEWSWIRE) -- The "Oilfield Drilling Derrick and Mast Market by Application and Geography - Global Forecast and Analysis 2019-2023" report has been added to ...

Oil and gas producers are worried that lower costs will make it difficult to increase drilling operations and thereby “drill, baby, drill.” ...