The number of active drilling rigs in the United States stands at 592 this week, down by one from the previous week and by 29 from this time last year, according to the weekly data released by Houston ...

These operators offer drilling rigs (both land-based/onshore and offshore), equipment, services and manpower to exploration and production companies worldwide. Drilling for hydrocarbons is costly ...

excess availability of land drilling rigs, pressure pumping and directional drilling equipment, including as a result of reactivation, improvement or construction; competition and demand for ...

The number of rigs drilling on land fell 2 units week-over-week to a total of 576 rigs running. The number of rigs drilling in inland waters remained unchanged at 2 units. One additional rig was ...

Arabian Drilling ended the year 2024, with a healthy backlog of SAR 10.3 billion with an addition of SAR 795 million in Q4 2024. Backlog growth was driven by contract extensions for two land rigs and ...

The Zacks Oil and Gas - Drilling industry operates in a volatile environment, influenced by rig availability, contracting activity, and capital expenditures rather than commodity prices alone. A 5% ...

The rigs included 575 land drilling rigs, three inland water drilling rigs, and 14 offshore drilling rigs. Of them, 50 were directional drilling rigs, 529 were horizontal drilling rigs and 13 were ...