Crucial to energy production, land drilling rigs allow oil and natural gas extraction which are the key resources running industries, powering infrastructures, and facilitating day-to-day life.

Land rig provider Patterson-UTI Energy Inc has halved its full-year rig construction program to 16 new high-tech APEX rigs as oil producers cut back on drilling due to weak prices.

Saudi Arabian oilfield services provider Arabian Drilling Company said it won multiple contracts from Aramco for ten additional land rigs. Arabian Drilling said the ten contracts awarded are for ...

NBR shows revenue growth and global expansion but faces losses, debt risks and U.S. drilling headwinds, making it a stock to hold.

The 2,000-HP land drilling rig equipped with robotic arm is the first of its kind to be used for on land drilling in the world, MEIL officials said while demonstrating the technology to a group of ...

Baker Hughes’ overall tally of active drilling rigs in Canada increased 3 units to 183. The count was down by 34 units compared with the year-ago level.

Patterson-UTI Energy Inc., a drilling contractor based in Snyder, Tex., agreed to buy $100 million of rig components from National Oilwell Varco Inc. to build 15 land drilling rigs in 2007.

The Zacks Oil and Gas - Drilling industry is contending with multiple challenges. First, the U.S. rig count has fallen year over year, slowing drilling activity and impacting service companies ...

The Santa Barbara County Planning Commission voted to approve an exploratory oil drilling project on former Harvard land holdings in California on Jan. 31, following testimony on environmental ...