In a time of global crisis, a pandemic, and a generally unstable political and social environment, cryptocurrencies have shown remarkable stability. Moreover, the pandemic-induced economic downturn ...

July 18 (Reuters) - Contract drilling company Helmerich & Payne Inc. said its unit and Southeast Texas Industrial Services Inc. entered into a contract for the assembly of drilling-rig components.

A German engineering and fabrication firm has designed new AC drawworks suitable for Arctic drilling conditions. Bentec GMBH Drilling & Oilfield Systems, based in Bad Bentheim, finished the prototype ...

Oil Works, Inc. has been active in the oil and natural gas drilling industry for over 20 years. During this time, OWI has grown from a small repair shop to a full-service drilling rig equipment ...

SNYDER, Texas, Aug. 28 /PRNewswire-FirstCall/ -- PATTERSON-UTI ENERGY, INC. (Nasdaq: PTEN) today announced that it has entered into an agreement to purchase ...

If you need to substantially cool your PC rig components, you may be interested in the new Antec Striker open air PC chassis. The mini tower is constructed from aluminum and steel and supports ITX ...

Helmerich & Payne has maintained the dominant market share in U.S. horizontal land rigs (26%) for over a decade. H&P seeks to differentiate itself in the commoditized drilling services market by ...