Oil rigs, particularly the offshore type, are one of the most fascinating parts of the global energy industry. How do they work? How big can they get? Do they float on water? It's not surprising that ...

North America dropped seven rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on August 1. The U.S. dropped two rigs week on week and Canada cut ...

US oil and gas drilling rig activity increased this week with the addition of 7 rigs, bringing the total working rigs to 549. This week’s count, however, is down 38 rigs from the comparable period a ...