Eureka is an offshore oil rig that pumps oil out of the sea floor and pipes it to refineries on the California coast. Soon, the rig will end its operations, and it's unclear what will happen to ...

The Zacks Oil and Gas - Drilling industry consists of companies that provide rigs (or specialized vehicles) on a contractual basis to explore and develop oil and gas. These operators offer ...

While U.S. oil-rig growth has plateaued, demand for offshore rigs for overseas drilling has swelled. That is causing day rates to skyrocket and the stocks of drilling contractors to soar.

In 2023, Texas Tech became a pioneer in giving petroleum engineering students hands-on experience by raising the mast of the first full-scale operational oil rig on a university campus nationwide.