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North America Loses Rigs for 9 Straight Weeks
North America dropped 11 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | May 05, 2025
IPR Announces 'Significant Hydrocarbon Discovery' in Egypt's Western Desert
IPR Energy Group announced 'another significant hydrocarbon discovery' in the Yidma field.
8:00 PM EST | April 30, 2025
Marula-1X Well offshore Namibia Turns Up Dry
Drilling targeted Albian-aged sandstones within the Marula fan complex, some 29.2 miles south of the Venus-1X discovery.
8:00 PM EST | April 29, 2025
Offshore TotalEnergies Workers Being Balloted for Strike Action
Unite announced that offshore workers employed by TotalEnergies are being balloted for strike action.
8:00 PM EST | April 28, 2025
North America Loses Rigs for 8 Straight Weeks
The total North America rig count stands at 715, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | April 28, 2025
Sockeye-2 Well Flow Test Proves High-Quality Reservoir: APA
The North Slope well averaged 2,700 bopd during a 12-day test.
8:00 PM EST | April 28, 2025
GeoPark Exceeds Q1 Production Guidance
The Latin American energy company's pro-forma average daily production in the first quarter reached 36,279 boe, surpassing its initial guidance for the year of 35,000 boe.
8:00 PM EST | April 26, 2025
US Eases Downhole Commingling Policy to Boost Oil Production
The DOI has expanded the allowable pressure differential for single-wellbore oil production from multiple reservoirs in the Gulf of America's deep waters.
8:00 PM EST | April 24, 2025
Hydrocarbons Discovered at Offshore Namibia Well
BP and Eni confirmed the preliminary results of the Capricornus 1-X exploration well in Namibia's Orange Basin.
8:00 PM EST | April 24, 2025
Russia Oil Drilling at Fastest Pace in 5 Years as Curbs Ease
Russia's oil producers have been drilling at a pace not seen in at least five years as the nation readies for both a loosening of OPEC+ output limits and the possibility of relief from some war sanctions.
8:00 PM EST | April 24, 2025
Energy Security is National Security, OEUK Says
'We believe it is important for the offshore energy industry to take seriously the need for optimum security', said Mark Wilson, OEUK's director of health, safety, environment, and operations.
8:00 PM EST | April 23, 2025
North America Loses Rigs for 7 Straight Weeks
North America dropped two rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | April 20, 2025
ReconAfrica, ANPG Ink Angola Cooperation Deal
'Our regional geological models indicate that the promising Fold Belt play, known for hosting some of the world's largest fields and covering extensive areas, likely extends into Angola'.
8:00 PM EST | April 20, 2025
Liberty Energy Sees USA Oil Activity Holding Firm With Prices Above $60
Liberty Energy Inc., one of the biggest U.S. fracking companies, expects most producers to stick with their production plans as long as crude prices can hang on near current levels.
8:00 PM EST | April 17, 2025
UK Industry Body Invites Public to Join Live Debates
'These debates offer a valuable opportunity to ask questions, hear diverse viewpoints, and engage directly with those influencing the country's energy landscape', OEUK said.
8:00 PM EST | April 17, 2025
USA Oil, Gas Operators Encounter Avalanche of Economic Policy Changes
Rystad Energy said U.S. oil and gas operators have encountered an avalanche of economic policy changes from the Trump administration over the last week.
8:00 PM EST | April 16, 2025
Nabors Extends Corva Co-op to Advance Drilling's Digital Transformation
Nabors Drilling Technologies has extended its strategic alliance with Corva AI aiming to expedite the digital transformation in the drilling industry.
8:00 PM EST | April 14, 2025
BP Announces Oil Find in Deepwater US Gulf
BP announced 'an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America'.
8:00 PM EST | April 14, 2025
Brazil to Offer Oil Blocks Where Petrobras Fights to Drill
According to the ANP, 31 companies are registered and able to bid, including Petrobras, ExxonMobil, Shell, Chevron, Equinor and BP.
8:00 PM EST | April 14, 2025
North America Loses Rigs for 6 Straight Weeks
North America cut 22 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | April 13, 2025
Rystad Predicts 'Significant Risks' to USA Operators
'Rystad estimates that the new 'all-in' breakeven cost for many U.S. oil players is now above $62', Matthew Bernstein, Rystad Energy Vice President, North American Oil and Gas, said.
8:00 PM EST | April 08, 2025
North America Keeps Rig Loss Streak Going
North America cut 12 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | April 07, 2025
Aker BP, SLB, Stimwell Extend Alliance for Five More Years
The alliance will work on further accelerating and boosting oil production.
8:00 PM EST | April 03, 2025
District Judge's Gulf Ruling Has Major Implications on Future Lease Sales
'It means that environmental groups can bring lawsuits against the Interior Department just because they don't agree with a certain aspect of their environmental impact statement', Ellen R. Wald, the President of Transversal Consulting, told Rigzone.
8:00 PM EST | April 02, 2025
Equinor Awards NCS Well Plugging Contracts
Equinor contracted Island Drilling, Archer Oiltools and Baker Hughes for well plugging services for wells offshore Norway.
8:00 PM EST | March 31, 2025
North America Extends Rig Loss Streak
The total U.S. rig count decreased by one week on week and the total Canada rig count decreased by 17 during the same period, Baker Hughes' latest North America rotary rig count outlined.
8:00 PM EST | March 30, 2025
AccuWeather Predicting Potentially Volatile Atlantic Hurricane Season
'Everyone needs to start planning and preparing for hurricane season', AccuWeather Chief Meteorologist Jonathan Porter said.
8:00 PM EST | March 26, 2025
DNO Announces 'Important' Oil, Gas Discovery in North Sea
'We are on a hot streak in Norway', DNO Executive Chairman Bijan Mossavar-Rahmani said.
8:00 PM EST | March 26, 2025
OMV Petrom, Romgaz Spud First Well in Neptun Deep Gas Project
The state-backed companies launched development drilling in the Neptun Deep gas block on Romania's side of the Black Sea, expecting to start production 2027.
8:00 PM EST | March 26, 2025
NSTA Expects UK Crude Oil Output to Continue Dropping in 2025
UK crude oil production is projected to average 0.53 million barrels per day in 2025 in the NSTA's updated output forecasts.
8:00 PM EST | March 26, 2025
OEUK: 50 Pct of Oil, Gas UK is Projected to Need by 2050 Could Come from UK
'The future of the North Sea is in our hands', OEUK Chief Executive David Whitehouse said.
8:00 PM EST | March 24, 2025
North America Loses More Rigs Week on Week
North America cut 18 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | March 23, 2025
ADNOC Drilling Says it is Set to Enhance its Operational Capacity in 2025
The company projected a rig count of over 148 by 2026 and more than 151 by 2028.
8:00 PM EST | March 18, 2025
Woodside Relinquishes Option to Take Majority Stake in Orange Basin Block
The option is part of a 2023 agreement under which Woodside fully funded a $35 million seismic survey of the block offshore Namibia.
8:00 PM EST | March 18, 2025
Offshore Achievement Award Winners Announced
'Each winner has demonstrated exceptional leadership and innovation that will undoubtedly inspire others', Graham Dallas, Chair of the Offshore Achievement Awards Committee, said.
8:00 PM EST | March 17, 2025
North America Cuts 35 Rigs Week on Week
North America dropped 35 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | March 16, 2025
FIRST-NNPC JV Confirms Significant Hydrocarbon Discovery
'Preliminary analysis indicates substantial oil and gas volumes', a statement posted on FIRST E&P's website said.
8:00 PM EST | March 13, 2025
China Extends Subsidies for Unconventional Gas Drilling
China is extending a subsidy program to support unconventional natural gas drilling as it continues to push for new domestic supplies to ensure energy security.
8:00 PM EST | March 12, 2025
North America Cuts 15 Rigs WoW
North America dropped 15 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | March 10, 2025
Vaalco Takes Over CI705 Block Offshore Ivory Coast
The Houston-based company acquired the operatorship of CI-705 with a 70 percent stake from Ivory Coast Exploration Oil & Gas for $3 million.
7:00 PM EST | March 05, 2025
EOG Ventures into Bahrain with Exploration Project
EOG and Bapco Energies will 'evaluate a promising gas exploration prospect in the kingdom'.
7:00 PM EST | March 03, 2025
North America Adds Rigs WoW
North America added five rigs week on week, according to Baker Hughes' latest North America rotary rig count.
7:00 PM EST | March 02, 2025
Halliburton, Sekal Make Drilling Automation Breakthrough
Halliburton and Sekal AS said they delivered the world's first automated on-bottom drilling system.
7:00 PM EST | March 02, 2025
Sapura Energy Secures $716.7MM of Drilling Contracts
Sapura Drilling has a fleet of five semi-tender rigs and six tender barge rigs.
7:00 PM EST | March 02, 2025
OEUK CEO Says UK Must Prioritize Homegrown Energy Over Imports
'We need homegrown energy', David Whitehouse, the chief executive of industry body Offshore Energies UK (OEUK), said.
7:00 PM EST | February 27, 2025
Canacol Aims to Grow Reserve Base in 2025
Canacol said it plans to drill 11 exploration wells and three development wells in the Lower Magdalena Valley Basin this year.
7:00 PM EST | February 26, 2025
Galp Offers Mopane-3X Update
Galp said it has successfully drilled, cored, and logged the Mopane-3X well.
7:00 PM EST | February 25, 2025
Are We Ever Likely to See an AI CEO at an Oil and Gas Company?
Rigzone talks to Toni Fadnes, the Chief Transformation Officer of eDrilling.
7:00 PM EST | February 25, 2025
North America Breaks Rig Loss Streak
The U.S. added four rigs week on week, according to Baker Hughes' latest North America rotary rig count.
7:00 PM EST | February 24, 2025