Following completion of the deal, ADES’ offshore fleet will increase to 88 units, with 51 classed as premium units.

OKLAHOMA CITY - New drilling processes demand updated equipment. Tulsa-based Unit Corp. on Wednesday unveiled its new BOSS drilling rig, a high-tech platform designed to take advantage of ...

Azule Energy is in the market to secure a deepwater rig for duties in Angolan waters. The Eni-BP joint venture has ...

(Bloomberg) -- Billionaire John Fredriksen, already involved in tough talks to restructure the debt of Seadrill Ltd., is planning to register a new offshore rig company next week as he seeks to take ...

The US drilling rig count edged downward by 1 unit during the week ended Dec. 14, with the total number of rotary rigs reaching 1,799, Baker Hughes Inc. reported. The US drilling rig count edged ...

OKLAHOMA CITY - In its 50th year, Tulsa-based Unit Corp. is looking to boost its drilling rig operations with a new, high-tech rig that will be assembled at its Oklahoma City manufacturing center "We ...

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a marginal rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This ...

The overall US rig count has made another slight gain again this week. Baker Hughes’ calculation of active US rigs increased 1 unit during the week ended Sept. 8 to 944. The overall US rig count has ...