U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. According to the EIA, New Mexico’s December production rose by 24 kb/d to 2,113 kb/d. Alaskaʼs December output ...

Thousands of oil and gas rigs are becoming redundant around the world – and taking them out of service, known as decommissioning, is a multi-billion dollar business. It’s also a complex operation ...

Armada has partnered with offshore-focused communications firm Tampnet to provide Edge compute to oil rigs in the Gulf of Mexico. Tampnet and Armada have announced a partnership aiming to offer on-rig ...

China is making rapid strides in catching up with developed nations in offshore drilling, driven by a push toward scientific ...

Artificial intelligence is speeding up oil and gas drilling and prompting companies to take a second look at places they had ...

Artificial intelligence is speeding up oil and gas drilling and prompting companies to take a second look at places they had ...

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Seadrill Limited strengthens its position with $1B in backlogs, share buybacks, and growth potential. Read why SDRL stock is ...

We recently compiled a list of the 10 Stocks End With Solid Performance. In this article, we are going to take a look at where Transocean Ltd. (NYSE:RIG) stands against the other stocks. The stock ...

Oil producers are seeking ways to remain profitable ... BP is evaluating vast amounts of seismic data in the Gulf of Mexico in just eight to 12 weeks with the help of AI, versus six to 12 months ...

HOUSTON: Oil companies are reconsidering sites once deemed too costly or challenging to develop as artificial intelligence ...