You work your drill rigs hard. Sometimes 24 hours a day, 7 days a week. So, how do you balance routine maintenance, planned service, and major repairs/replacements and still keep your drill rigs ...

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 ...

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 ...

Drilling activity across the industry has recently surged as the price of oil has recovered. The demand for available rigs has increased and hourly cost of rigs is rising once again. According to an ...