President Joe Biden is indefinitely blocking offshore oil and gas development in more than 625 million acres of U.S. coastal ...

New York-listed drilling giant Seadrill has completed the sale of the jack-up rig West Prospero for cash proceeds of $45 million, the company revealed in a statement on Thursday. The sale of the ...

most notably from BP's Deepwater Horizon oil drilling rig in 2010. "President Biden has determined that the environmental and economic risks and harms that would result from drilling in these ...

Highlights Drilling: Deepening of Jetstream #1 is underway and anticipated to be completed later this week. On site are the same Capstar crew and rig used to drill Jetstream #1 in February ...

In its last weekly release, Baker Hughes Company BKR stated that the U.S. rig count was flat compared to the prior week’s ...

could not occur again if we had drilling in these waters off the Atlantic." The explosion of the BP Deepwater Horizon rig in 2010 killed 11 workers and the resulting environmental disaster spilled ...

ABC's warrants are subject to a lock-in arrangement that restricts the sale of any such warrants ... The Jetstream #1 drill pad is fully prepared and permitted for the upcoming drilling operations.

Seadrill said Thursday it completed the sale of its West ... A jack-up rig is a mobile platform which can be used for exploratory oil and gas drilling after being transported by tugs or other ...

Seadrill Limited SDRL, a U.S.-based offshore drilling contractor, has concluded the sale of its jack-up rig, West Prospero. The company received cash proceeds of $45 million following the sale. SDRL ...

PATTERSON-UTI ENERGY, INC. today reported that for the month of December 2024, the Company had an average of 104 drilling rigs operating in the United States. For the three months ended December 31, ...