Drilling rigs largely due

Ending the zero-sum game in offshore drilling

Major established drillers and financial owners of speculatively built rigs would need a catalyst to make hard choices to retire assets as part of

Onshore Drilling Rigs Market Research Report 2033

Application Analysis The application segment of the onshore drilling rigs market is primarily divided into oil, natural gas, coal bed methane, and others. Oil exploration and production

Oil Majors Borrow Billions for Buybacks as Production Wanes

Despite deregulation efforts and calls for increased production, U.S. oil drilling activity has fallen to near post-pandemic lows due to low oil prices, cost inflation, and changing

Westwood Insight – Offshore drilling upcycle continues, but 2025

2024 has been another strong year for the offshore drilling rig market with high utilisation and dayrates. However, the winds of change have started to blow, and the market is

Rig Count Overview & Summary Count | Baker Hughes Rig Count

The Baker Hughes Rig Counts are an important business barometer for the drilling industry and its suppliers. When drilling rigs are active they consume products and services

Greening offshore drilling: Rigs powered by alternative

As the offshore energy industry continues its gradual shift to low-carbon and renewable energy sources, offshore drilling players are

Negligence and Fatalities: A Closer Look at Workover Rig

A workover rig is a mobile, self-propelled rig used to perform maintenance and repair work on existing oil and gas wells. Accidents involving these rigs are largely preventable and strict

US drillers cut oil/gas rigs for 7th week to lowest since

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row to the lowest since November 2021,

Reverse Circulation (RC) Drilling Rigs

Reverse Circulation Drilling Rigs use a dual tube rod system, which allows for a cost effective retrieval of the cuttings from the face of the borehead to the

OFFSHORE DRILLING AND POTENTIAL IMPACTS ON

sthetic appearance of re due to the additi e Arctic may be more difficult due to the freezing conditions. Offshore drilling for crude oil or natural gas in Arctic conditions has many inherent

Offshore Drilling Explained: Technology, Safety, And The Future

I. What is Offshore Drilling? Offshore drilling is the process of extracting petroleum and natural gas from underground reservoirs located beneath the seabed, typically in oceans, seas, or

Drilling Rig Market Size | Mordor Intelligence

The Drilling Rig Market size is expected to reach USD 99.66 billion in 2025 and grow at a CAGR of 1.28% to reach USD 106.20 billion by 2030.

Types of Drilling Rigs: A Comprehensive Overview

Compare mobile, stationary, and automated drilling rigs—explore their benefits, limitations, and how to choose the best rig for your project.

Drilling Rig

Drilling Rig - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030) - The Drilling Rig Market size is estimated at USD 99.66 billion in 2025, and is