“Technology and ingenuity are playing key roles as we have seen the U.S. drilling rig count plummet over the last year, but the amount of oil is still reaching record highs each month lately.

Since the first jackup was built in 1954, jackups have become the most popular type of mobile offshore drilling unit (MODU) for offshore exploration and development purposes. In fact, there are ...

The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for two wildcat exploration wells in the North ...

From the surface, Fervo Energy's Cape Station looks more or less like an oil derrick, with a thin metal ... which broke ground last year, is not drilling for gas. It's drilling for underground ...