Baker Hughes said its weekly US rig count fell for a fifth consecutive week to 563 rigs, the lowest level since November 2021 ...

The deepest offshore oil well was over 35,000 feet by the Deepwater Horizon, and the Maersk Voyager operated in the deepest ...

U.S. oil companies are pulling back as lower commodity prices take a toll. After two months of crude oil prices hovering around $60 a barrel, companies are shutting down drilling rigs and laying off ...

In the twilight depths of the Gulf of Mexico, about as deep down as a football field is long, U.S. Navy divers carefully snip ...

Helmerich & Payne is undervalued due to macro headwinds, integration costs, and Saudi rig suspensions. Click here to read an ...

The number of total drilling rigs in the U.S. fell for the fifth straight week, down by 3 to 563 to the lowest level since November 2021, Baker Hughes reported.

U.S. crude oil production surged to an all-time high in March, reaching 13.488 million barrels per day, according to newly ...

The North America oilfield casing spools market is poised for growth, driven by expanding unconventional drilling, especially in shale formations. De ...