March 14 (Reuters) - U.S. energy firms this week kept the number of oil and natural gas rigs operating unchanged, energy services firm Baker Hughes (BKR.O), opens new tab said in its closely ...

The total number of active drilling rigs for oil and gas in the United States held steady this week, according to new data that Baker Hughes published on Friday, following a 1-rig decrease in the ...

The total U.S. rig count is made up of 488 oil rigs, 99 gas rigs, and five miscellaneous rigs, according to the count, which revealed that the U.S. total comprises 530 horizontal rigs, 49 ...

Oil rigs are critical for supplying the world with energy but working on a rig is not without its risks. In the eighties, a horror diving accident saw five men die after an unprecedented change ...

With 199 rigs running, the count is 8 fewer than the 207 units drilling this week a year ago. The number of oil-directed rigs in Canada fell by 31, bringing the count to 139 rigs for the week.

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 1 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as ...

Devon Energy has machine learning models monitoring each of its oil rigs across the U.S., Lowe said. The company has seen a 15% improvement in drilling efficiency. AI is also speeding up offshore ...

Armada has partnered with offshore-focused communications firm Tampnet to provide Edge compute to oil rigs in the Gulf of Mexico. Tampnet and Armada have announced a partnership aiming to offer on-rig ...

Devon Energy has machine learning models monitoring each of its oil rigs across the U.S., Lowe said, adding the company has seen a 25% improvement in productive life of its oil and gas wells.

NEW YORK, March 14 (Reuters) - Oil prices rebounded by 1% on Friday to end the week nearly unchanged as investors weighed the diminishing prospects of a quick end to the Ukraine war that could ...

Edge AI & IoT for Oil Rigs: Oil rigs often function in remote and extreme environments where real-time decision-making is crucial. NVIDIA’s AI-powered edge computing, combined with NVLink and ...

but they generally make money from retrieval via drilling on an oil rig or fracking in gas field—not sales. Upstream companies often face significant financial hurdles since drilling and mining ...