US supermajor Chevron among industry heavy-hitters with drilling plans this year in South American exploration hotspot ...

Offshore drilling contractor Noble Corporation has secured a contract for its Noble Regina Allen jack-up rig with an ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

A robotic lander named Athena is poised to make its final descent to the moon’s surface, potentially marking the ...

How big are these platforms? They’re enormous. The BP oil rig in the Gulf of Mexico that exploded April 20 was 400 feet by 250 feet—roughly the size of two football fields—with a crew of 130.

Jose Gonzalez* wore no mask, despite the toxic chemicals he worked with in the oil field. “One leak, and no one will hear from you again,” he said. He shrugged. At 31, with three children at home, ...

After-Tax NPV(5%) of $421 Million with an After-Tax IRR of 30% at US$2,175/oz Au This news release constitutes a “designated ...

Baker Hughes said Friday its weekly U.S. rig count was up one rig to 593 rigs, the highest level since last June. Still, the ...

Barnwell Industries, Inc. (NYSE American: BRN) (“Barnwell” or the “Company”) today announced that it had entered into a non-binding letter of intent for the sale of Water Resources International, Inc.

It heats the stone to around 3,000 degrees Fahrenheit, vaporizing it in minutes.This, according to Quaise Energy, is the way ...