Modern offshore oil rigs are engineering wonders designed to accommodate massive crews and operate in some of the most hostile environments on Earth. As the demand for oil drives exploration into ...

Drilling activity’s decline has reached nine weeks, falling to levels not seen in nearly four years. Oilfield services company Baker Hughes said Friday its weekly U.S. rig count sank seven rigs to 547 ...

The active rig count in the US was up 4 units to 693 for the week shortened by the Good Friday holiday, Baker Hughes data indicated. US oil-directed increased by 2 units to 548 for the week ended Apr.

HOUSTON, Aug 5 (Reuters) - The falling number of oil and gas rigs deployed across the United States is reaching a level that would indicate onshore crude output from the world's top producer could ...

Close on the heels of a 13-rig drop a week ago, Canada lost 12 rigs for the week ended Dec. 14, according to Baker Hughes data. With 174 rigs running, the count is below the 238 units drilling this ...