The last time the federal government raised the amount that oil and gas companies have to pay to drill on public land was in 1960 — the same year that four unknown, floppy-haired Brits formed a band ...

The recovery of the land drilling market is accelerating in North America due to solid natural gas prices and a growing focus on deep shale gas, leading to drilling fleet expansions. New land rigs, ...

North American land drilling outstrips offshore Land rig counts are up, independents are investing more in North America, and a new US Securities and Exchange Commission statement eases regulations ...

Last December, a London-based energy company secured drilling rights to 67,000 acres in Montana for the paltry sum of $1.50 per acre – a steal compared to the $100 per acre average price tag for land ...

As the United States catches its breath following the shock election victory of Donald Trump, the oil industry could be facing significant changes, including the President elects’ open door policy on ...

Across the oil and gas rich plains of North Dakota and Oklahoma, more and more wells are popping up. And more and more of them use a technology called “horizontal drilling,” which allows drillers to ...

The PACE®-R801 concept rig has safety and efficiency at the core of its design, purpose-built to showcase Nabors technology and to push the boundaries of industry performance and possibilities ...

Drilling fluids, including muds and liquids, can be applied to surrounding land, but landowners need to know what to do before and after the application to prevent major land damage, according to a ...

The royalty rates paid by oil, gas and coal companies for the right to drill and mine on land owned by the public have not changed since 1920. By Coral Davenport Reporting from Washington The Biden ...

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 ...

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 ...