Patterson-UTI Energy Inc. (NASDAQ:PTEN) is one of the best high short interest stocks with huge upside potential. Earlier in ...

The number of oil rigs operating in the United States fell by seven to 425 in the week ending July 4, marking a new cycle low ...

Oilfield services firm Baker Hughes said its weekly U.S. rig count fell eight rigs to 539 rigs, the lowest level since ...

The number of total oil and gas drilling rigs in the U.S. declined by 8 to 539, the lowest total since October 2021 and falling for the 10th week in a row for the first time since July 2020, Baker ...

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Brent crude surged more than 30 per cent in just three weeks, peaking on Monday, 23 June, before nosediving in its biggest ...

The previously announced 40,000 m drill program has been increased up to 60,000 m with 9 drill rigs that is fully funded on the Surebet high-grade gold discovery. This significantly upsized program is ...

The US Energy Information Administration forecasts that US crude oil production is likely to decline from a record high of 13 ...

Police in Washington state say “Cobra Kai” star Martin Kove bit the arm of co-star Alicia Hannah-Kim during a VIP meet-and-greet at a fan convention over the ...

Since entering the Powder River Basin in 2012, Jack Vaughn’s Peak E&P has ramped up drilling across five benches with 2-mile ...

HIGHLIGHTS Diamond drilling commenced at Chancho al Palo (100% Solis Minerals) with the first drill hole completed at a depth of 713 metres. A ...

The kind of rig chosen will determine both safety and efficiency. Jack-up rigs are used in shallow waters up to around 500 feet and can drill beyond 5.6 miles.