Used to rotate the drill string during the drilling process, the top drive is a motor that is suspended from the derrick, or mast, of the rig. These power swivels boast at least 1,000 horsepower ...
The count for oil grew to 479 rigs from 472 last week, while gas lost one rig to 98. Miscellaneous rigs were unchanged at five. The US had 499 oil, 117 gas and three miscellaneous rigs in ...
(Reuters) - U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, energy services firm Baker Hughes said in its closely ...
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