The total number of active drilling rigs in the US rose slightly this week, according to Baker Hughes, but remains lower than this time last year as the industry faces market uncertainties.

Seatrium has successfully delivered a newbuild jackup rig, Var, to Borr Drilling, nearly one year ... from small independent oil companies to multinational energy corporations.

Artificial intelligence is transforming oil and gas drilling, making once-infeasible projects viable and improving efficiency ...

It accomplishes this by integrating the models with intelligent directional drilling tools and the rig's automation control system, the two companies said. “This project demonstrated autonomous ...

By leveraging real-time models of ... surface drilling rig equipment control. This successful deployment highlights the viability of automated drilling technology in the oil and gas industry.

Baker Hughes, a leading energy services company, said that the U.S. added oil and gas rigs this week for the first time since three weeks.