New Hampshire-based Dig Energy has raised capital to advance deployment of a compact, fluid-based drilling technology for ...

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 ...

Forster Drilling says that its subsidiary, Forster Drilling, Inc. has acquired a National T-32 Drilling Rig. The rig was purchased through Kruse Energy and Equipment Auctioneers, LLC. The price was ...

Like it or not, the world is moving toward automation. The drilling industry is no exception. The last two decades have seen numerous advances in mechanization and automation of traditionally ...

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, ...