Snubbing units have evolved into one of the most capable and efficient well servicing tools in the oil & gas industry. In the 1920's, the need for a rig to work with pressures at surface drove the ...

Two workers stand atop the scaffolding above an oil well of the Cygnet oil pool in Bloom Township, Wood County, Ohio, circa 1885. ODNR Division of Geological Survey Oil derricks once covered this ...

Bass Oil Limited (ASX:BAS) has announced its reserves and contingent resources as of December 31, 2024. The company's 2P oil ...

Transocean Ltd.’s RIG semi-submersible drilling rig, Transocean Barents, is making its way to the Neptun Deep project for a 10-well drilling mission, marking a significant phase in Romania’s ...

Parker Drilling's Barge Rig 257 has begun drilling its third well for OKIOC. Parker Drilling Company's Rig 257, the largest arctic barge drilling rig in the world, has mobilized and begun drilling ...

One additional rig was drilling offshore for a total of 14 rigs working for the week. US oil-directed rigs were unchanged from last week at 486 units. A year ago, 504 units were drilling for oil.

The discovery well was spudded in 30 metres of water on 18 November by Shelf Drilling's jack-up rig Achiever as part of efforts to increase and sustain the joint venture's oil production over the ...