Land rigs up 18, offshore up four The U.S. onshore—or land-based—rig count increased by 18 rigs, from 1,814 to 1,832, during the week ending August 8. The number of offshore rigs increased by ...

Photo credit: Flickr user Lindsey G. The U.S. onshore oil rig count has fallen for twenty-six consecutive weeks as a result of weak oil prices. Because of that there are now only 868 active oil ...

Hong Kong-based firm to mobilize rig. The first onshore drilling campaign in the Southeast Asian country of Timor-Leste in nearly 50 years is slated to begin in January 2020, according to operator ...