Total drilling activity in North America dropped the week ended Apr. 26, with 731 rotary rigs working, reported Baker Hughes, Houston. Vista Energy plans to accelerate activity in Vaca Muerta with ...

The reform includes a jump in the amount of money that drilling companies must put forward to ensure cleanup of their wells. It also raises the royalty tax rate that operators pay on the minerals ...

The government also increased more than tenfold the amount of the bonds that companies must secure before they start drilling. The new rules are among a series of environmental regulations that ...

Over the years, this success attracted the interest of larger investors, including Patterson-UTI Energy, a leading provider of drilling and completions services in the United States, which ...

Emir’s strong background in mechanical engineering has made him a leader in the specialized field of Measurement While Drilling (MWD), where he uses technological advancements to make major ...

(Bloomberg) -- The US shale-oil sector experienced the biggest plunge in drilling activity in more than five months as explorers keep a tight hold on spending. Most Read from Bloomberg Musk Makes ...

The administration has blocked a proposed industrial road needed to mine copper in the middle of the state, and has banned oil drilling on 13 million acres in the North Slope. By Lisa Friedman The ...

The Biden administration on Friday finalized a plan to prevent oil development across more than half of the US government’s mammoth petroleum reserve in Alaska and set the stage to block road ...

The current national rig count was, however, lower than the year-ago level of 753, reflecting the fact that there has been a slowdown in drilling activities. Many analysts believe that shale ...

Workers operate a drilling rig while plugging an abandoned oil well north of Shelby, Mont., in 2021. (Adrián Sanchez-Gonzalez for The Washington Post) President Biden and Donald Trump this week ...

Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. As of December 31, 2023, the company operated a fleet of 13 offshore drilling rigs ...

A massive video screen outside of the White House plays an ad critical of the Biden Administration for pledging climate action while expanding oil and gas drilling on public lands on Oct. 7 ...