With thousands of unplugged wells and platforms overdue for decommission, environmental groups seek ways to limit offshore ...

President Donald Trump urged stepped-up production as the White House sharpened its warnings to Iran against closing the ...

With a well reaching new depths and fundraising hitting new heights, Fervo Energy's enhanced geothermal system development is ...

Discover the top 7 undervalued Energy Equipment & Services stocks for Monday, June 16 based on AAII’s Stock Grades.

For example, a cavern opened under a drill rig near Black River Village Road about a half hour south of Carlsbad in the early 2000s, destroying nearby archaeological remains, and a 55-foot ...

They in water between 1,600 and 10,000 feet and drill up to 6.2 miles. Extreme deepwater drilling of almost 12,000 feet calls for drill ships, which resemble large tankers and lie at the most ...

Sale Will Streamline Parent Company Operations to Focus on Oil and Natural Gas BusinessHONOLULU, March 17, 2025 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) (“Barnwell ...

Additionally, the offshore driller has announced the sale of a jack-up rig for $24 million. ... The retired drilling rigs might be upcycled to be used for alternative purposes or scrapped entirely.

New York-listed drilling giant Seadrill has completed the sale of the jack-up rig West Prospero for cash proceeds of $45 million, the company revealed in a statement on Thursday.

Empire Energy Group has locked in contractors to start drilling its Carpentaria-5H well next month, with an aim of supplying 25 TJ a day for 10 years to the NT.