U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time ...

Offshore oil rigs are some of the largest structures found on the water, but are they just floating out there? How do they stay in place? Here's what we know.

If you've ever seen an offshore drilling rig, you know they're absolutely massive. But are these huge rigs, which are essential for oil production, built?

The total number of active oil and gas drilling rigs in the United States has decreased again this week, alongside a dip in ...

An oil rig that environmentalists love? Here’s the real story. Off the coast of California, an oil platform named Eureka is nearing the end of its lifespan and its time in the ocean—but it is ...

Kevin O'Connor spends four weeks at a time working on an offshore oil rig. While the views are breathtaking, the loneliness can take a toll on him and his crew.

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

U.S. energy firms in July cut the number of oil rigs for an eighth straight month while adding natural gas rigs for the first time in three months, energy services firm Baker Hughes said in its ...

The price to rent a deepwater drilling rig may climb to near record levels if demand from oil companies continues to increase in the coming years, according to the head of the world’s biggest ...

In the Permian Basin, America's busiest oil-producing region, business is good. It's not quite booming, though — and that's on purpose. Producers are aiming for steady growth.

If you've ever seen an offshore drilling rig, you know they're absolutely massive. But are these huge rigs, which are essential for oil production, built?