Drill Rigs News

 

Baker Hughes Finds US Drillers Add Most O&G Rigs Since April

Jan 14, 2022

U.S. energy firms this week added the most oil and natural gas rigs in a week since April as rising oil prices prompt more drillers to return to the wellpad.The oil and gas rig count, an early indicator of future output, rose 13 to 601 in the week to Jan. 14, its highest since April 2020, said Baker Hughes in its weekly report.  The total count was up 228, or 61%, over this time last year.U.S. oil rigs rose 11 to 492 this week…

Market Report: 'Transformation' on the Horizon in the Offshore Rig Market

Aug 02, 2021

The offshore drilling rig market is showing remarkable signs of recovery despite having faced severe headwinds of late. Throw the “green” rig revolution and further consolidation into the mix, and the next few years could be a period of real transformation for the industry…

Current News

Proserv to Monitor Cables at Equinor's Hywind Scotland Floating Wind Farm Using 'Disruptive' Tech

Proserv to Monitor Cables at Equinor's Hywind Scotland Floating Wind Farm Using 'Disruptive' Tech

Malaysia's Kimanis Crude Exports to Drop in July After Offshore Outage

Malaysia's Kimanis Crude Exports to Drop in July After Offshore Outage

Borr Drilling Finds More Work for Saga Jack-up Drilling Rig

Borr Drilling Finds More Work for Saga Jack-up Drilling Rig

Japan's Inpex Targets Australia for Growth

Japan's Inpex Targets Australia for Growth

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