Q2 2025 Management View Robert Dean Ravnaas, Chairman and CEO, reported "solid results for the second quarter with strong ...

Kimbell Royalty Partners LP (KRP) reports robust financial performance with a 38% distribution increase, despite facing industry-wide rig count declines and market volatility.

Any offshore oil rig that extends past 1500 meters is considered to be an ultra-deepwater production facility. However, that's still nowhere close to the deepest man has explored in the ocean.

The overall drilling rig count in North America is down 7 units to 717 the week ended Aug. 1, with drops in oil-directed rigs ...

Offshore oil rigs are like small towns out on the water. Here's how many people you can expect to find out there, and how long they stay before a break.

TRANSOCEAN LTD (RIG) is a mid-cap value stock in the Oil Well Services & Equipment industry. The rating using this strategy is 57% based on the firm’s underlying fundamentals and the stock’s ...

Saudi Arabia’s oil drilling units declined for a sixth straight month, reaching its lowest level in over two decades, as ...

EDC Rig 53 spud its first well on September 27, 2005. EDC Rig 53 is a 2000HP National 1320 heavy drilling rig. The Rig is equipped with two National 1600HP Mud Pumps and a Varco TDS-11S Top Drive.