Drilling for oil is essential to the Permian Basin and across the country by powering the economy and providing workforce ...

Finding new sources of critical minerals is a costly business. Worldwide, companies spent $12 to $13 billion on exploration in 2023. The upshot: mining is the definition of a hit-or-miss business.

Oil and gas drilling activity in Louisiana is continuing to slump, mirroring broader national trends, according to ...

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 ...

Equinor ASA EQNR, the Norwegian integrated energy firm, has received the approval of the Norwegian Ocean Industry Authority (Havtil) to conduct drilling activities in a field located offshore Norway.

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 ...

A Hilcorp drilling rig operates on the shore of Cook Inlet ... Birch Creek’s Native village corporation also owns some of the ...

Mining companies are looking to automate their exploration drill rigs to lower costs and increase process efficiency. Credit: Parilov via Shutterstock. Mineral exploration is often be considered to be ...

dividend strategy, targeting frequent cash distributions in a profitable market. To subscribe to Press releases from this issuer, visit the Subscription to Company news section in your account section ...

While ADNOC Drilling remains focused on ADNOC’s upstream expansion, Salem says the company is actively pursuing regional growth to diversify its revenue streams. It has already established operations ...

In October 2024, the company outlined its strategy to expand capacity in offshore service activities. By the end of the first quarter of 2025, Arabian Drilling deployed 13 new land rigs in the kingdom ...