CALGARY, AB, Jan. 17, 2024 /PRNewswire/ - Petro-Victory Energy Corp. ("Petro-Victory" or the "Company") (TSXV: VRY) is pleased to announce the mobilization of SPT-129 workover rig from BRASERV ...

South Texas Oil Co. plans to significantly increase its production capacity through the acquisition of a drilling rig and a workover rig to be used at its Texas properties. South Texas Oil Co. plans ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 552 ...

HOUSTON--(BUSINESS WIRE)-- Ranger Energy Services, Inc. (RNGR) (“Ranger” or the “Company”) today announced the development of the industry’s first Hybrid Double Electric Workover Rig. This innovation ...

Later today, oil services and technology company Baker Hughes will release its U.S. rig count, which is the tally of active oil rigs in the country. Since the spring, rig count has declined, reaching ...

Chinese offshore drilling contractor China Offshore Oil Services Ltd (COSL) has chartered a jack-up drilling rig owned by CIMC for a well workover campaign in the South China Sea. The F&G Super M2 Wan ...

Try as so many private and government organizations might, switching everywhere on Earth over to clean, renewable energy — including some strange sources being explored — is still a long way away.

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 ...