The number of oil and gas rigs actively drilling in the US gained 2 to 546 during the past week, Baker Hughes reported in its latest survey.

The rig dubbed “The Beast” crashed to the ground while being moved Friday amid an ongoing winter exploration program in the ...

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The Doyon 26 rig, which set a long-distance drilling record in Alaska in 2022, split into two units, the bottom section and the top drilling floor, as it hit the ground, according to Maly. He added ...