The current decade will be dominated by structural inflation and higher commodity prices. Oil and gas drillers will benefit significantly from those dynamics. Seadrill is well-positioned to take ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. The total number of active drilling rigs for oil and gas in ...

The rig count in the Permian Basin soared by 18 in the week ending Friday, the latest count by Baker Hughes shows, with 427 rigs active in the region. Nationally, the oil and gas rig count increased ...

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

Petrobras has issued a brand new tender for the charter of up to five deep-water drilling rigs for work off the Brazilian coast, as the oil giant seeks to replenish a fleet that has more than 80% of ...

Some people assume more drilling will lower skyrocketing gas prices. Surprise — the U.S. drills plenty, but that won’t save us at the pump. Some people assume more drilling will lower skyrocketing gas ...