Pressure in the oil wells can build up really quickly. By flaring, the excess gas can be burned off safely so the pressure ...

From a valuation standpoint, Transocean stock presently seems low-priced when evaluated against its sales or profit ...

Matador Resources CEO Joe Foran discusses the driving decision in locking in its hedges earlier this year and the company’s ...

Dive into the investigation of the Deepwater Horizon explosion and discover what went wrong on that fateful day.

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

JP Morgan analyst Arun Jayaram upped Noble Corporation plc (NYSE:NE)’s stock from “Neutral” to an “Overweight” rating and set a price target of $30.00. The analyst highlighted a shift in preference ...

Oil rigs are structures used to extract crude oil and natural gas from beneath the Earth's surface, and there are many spread all over the globe. While most people think of offshore oil platforms ...

The oil and gas rig count, an early indicator of future output, fell by six to 578 in the week to May 9. Baker Hughes said this week's decline puts the total rig count down 25, or 4% below this ...

April 11 (Reuters) - U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig count for a third consecutive week, energy services ...

The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Wednesday, after falling in the week prior.

Even before I could make out the silhouette of Platform ... which allowed oil platform operators to donate decommissioned rigs to states as “artificial reefs.” In the following years Texas ...

Kailem Donovan, 37, from Middlesborough, England, works on oil rigs in the North and Baltic seas. Donovan works 12-hour shifts but gets three weeks of holiday every three weeks working on the rig.