Drill rig news

Rig Retirements Set to Rise as Utilization Falls to Lowest Level

The offshore rig market recovery appears to have taken a pause, with demand tapering off and marketed utilization hitting the lowest levels recorded since recovery began in

Pennsylvania

Yesterday, the Pennsylvania Independent Fiscal Office (IFO) released its latest quarterly Natural Gas Production Report for April through June 2025 (full copy below). There

US drillers cut oil and gas rigs to lowest since

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

Are U-Turn Wells the Future of Drilling in the Marcellus/Utica

We never cease to marvel at the genius of the oil and gas industry and those who seek to find better ways to drill. According to an Oil and Gas Investor article examining major

New drilling technology to put billions of barrels of oil

An oil production breakthrough that producers say can safely tap ultra-high pressure fields could put up to 5 billion barrels of previously

West Virginia

West Virginia''s oil, gas, and coal industries are experiencing a resurgence, fueled by supportive state and federal policies. Gas & Oil Association of West Virginia (GO-WV)

Offshore Drilling News

Offshore drilling firm Shelf Drilling has secured a contract extension for the Shelf Drilling Tenacious jack-up rig with Chevron''s subsidiary Cabinda Gulf Oil Company

Oil & Gas Drilling News

Canada-based oil and gas company Valeura Energy has completed an eight-well drilling campaign in license B5/27 in Gulf of Thailand with Borr Drilling''s Mist jack-up drilling

Drilling / Rig News

5 days ago· North America lost seven rigs week on week, according to Baker Hughes'' latest North America rotary rig count. ''This is the company''s largest

West Virginia sees surge in new Marcellus, Utica

Shale industry officials are reporting a surge in the number of permits issued to drill new shale wells in the Marcellus and Utica, with a total

Article Index

Ensign Drilling Enterprise Products Partners Equitrans/EQT Midstream Ergon ESI Enviro Eureka Midstream Eureka Resources Evolution Energy Services Fairmont Brine Processing

West Virginia sees surge in new Marcellus, Utica shale

Shale industry officials are reporting a surge in the number of permits issued to drill new shale wells in the Marcellus and Utica, with a total of 36 new permits granted—up from 24

US Oil, Gas Rig Count Inches Up As Drillers Proceed

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on

The latest upstream news | Oilfield Technology

4 days ago· The latest upstream news and events from the oilfield industry, including oil rigs, drilling, oil fracking, and offshore and onshore projects.

Oil companies wanted a boom under Trump. Now they''re worried

Many oil company executives celebrated Donald Trump''s return to the White House. But now expectations of higher profits are fading amid fears of a recession.

Drilling Industry News

Up-to-date news from water well, geothermal, foundations and a range of other drilling sectors. Have your own industry news to share? Email your press releases to pr@thedriller .

The latest upsream drilling news | Oilfield Technology

Weatherford awarded Managed Pressure Drilling contract for Woodside Energy''s Trion deepwater development Thursday, 31 July 2025 14:30 The multi-year contract includes

Drilling

Shale oil producers added a single drill rig this week, staving off at least for now a pandemic-level downturn in U.S. activity. The reversal suggests drillers may be close to done

Dolphin Drilling Lines Up Work for Borgland Dolphin

4 days ago· Offshore drilling contractor Dolphin Drilling has signed a letter of intent for a contract for the Borgland Dolphin semi-submersible drilling rig. The

Drill rig news

6 FAQs about [Drill rig news]

How many drill rigs are there?

The drill program commenced in June 2025 and has now been expanded with three (3) drill rigs currently operating with a fourth drill rig anticipated to commence operations in November 2025.

Can 'drill baby drill' happen this year?

The Trump administration remains confident that “drill, baby, drill” can happen this year, even as producers and drillers grow more distressed over current market conditions. Today’s newsletter also takes a look at new research that reveals we might not be able to safely store as much carbon dioxide as previously thought.

When will a RC drill rig arrive for black pine?

A fifth RC drill rig for Black Pine is scheduled to arrive in mid-September to complete the hydrological program, drilling monitoring wells, piezometer holes and conducting pump tests. After that, the rig will move to finalize resource conversion drilling in Q4.

How much money has been drilled at the Cisco project?

$26 million flow-through financing completed in August 2025. Drilling at the Cisco Project has been ongoing since June 2025, and a total of 46 holes for 20,138 metres has been drilled to date. Assays are pending on all drill holes completed this summer.

How many RC drill rigs are there at rangefront?

Results from the first 28 RC holes in Rangefront, (6,506 m) represent the first RC assays of 2025 from an aggressive drill campaign that will continue into Q4. All 28 holes carry economic oxide gold mineralization. There are currently two RC drill rigs and one core rig operating at Rangefront.

Will oil and gas producers be able to increase drilling levels?

Quick reminder: There is growing doubt among oil and gas producers that they will be able to increase drilling levels in current market conditions.

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