The Company also has received the commitment of a long-standing customer to execute a three-year drilling contract upon the rig's delivery, which is expected in June 2008. The cost of the rig ...

Baraka Petroleum together with its partner, CNPC, has selected a suitable drill rig for the Joint Venture's drilling program at Coastal Block 20, onshore Mauritania. Baraka Petroleum Limited ...

The US drilling rig count decreased by 7 units during the week ended Apr. 11 to reach a total of 583 rotary rigs working, Baker Hughes Inc. reported. That compares with 617 rigs working in the ...

Of the major US producing states, Pennsylvania and Ohio saw increases. With 18 and 12 rigs running respectively, each state gained 2 rigs this week. West Virginia and California each dropped a single ...

Drilling in the U.S. shale patch declined at the fastest pace in almost two years as mounting international trade tensions threaten to stifle energy demand. The number of U.S. rigs drilling for ...