Saudi Arabian oilfield services provider Arabian Drilling Company said it won multiple contracts from Aramco for ten additional land rigs. Arabian Drilling said the ten contracts awarded are for land ...

DRILLING contractor GlobalSantaFe will exit the land drilling business through the planned sale of its land drilling assets to Canada's Precision Drilling for $316.5 million in cash. The two companies ...

Parker Drilling was awarded new contracts for three land rigs to subsidiaries operating in Mexico and Kazakhstan. Parker Drilling was awarded new contracts for three land rigs to subsidiaries ...

Baker Hughes' rig count has increased by 24 since the beginning of the year. The largest propotion of that rise, 16, are land rigs. Dayrates for land rigs have surged above 1997 levels and are at or ...

Helmerich & Payne's Rig Utilization Will Improve as Seasonal Headwinds Abate Helmerich & Payne has maintained the dominant market share in U.S. horizontal land rigs (26%) for over a decade. H&P seeks ...

MUSCAT: ADNOC Drilling, the drilling arm of the Abu Dhabi National Oil Company, has formally established an operating base in Oman’s ...

Patterson-UTI Energy Inc., a drilling contractor based in Snyder, Tex., agreed to buy $100 million of rig components from National Oilwell Varco Inc. to build 15 land drilling rigs in 2007. HOUSTON, ...

Canada’s rig count increased by 29 units to reach 226 rigs running the week ended Jan. 16. The rise follows last week’s ...

Dec 20 (Reuters) - A new generation of land-based oil and gas rigs is halving drilling time and cutting costs for customers, but also setting a clear divide for investors between firms that have the ...