The Zacks Oil and Gas - Drilling industry operates in a volatile environment, influenced by rig availability, contracting activity, and capital expenditures rather than commodity prices alone. A 5% ...

Offshore rig market faces a challenging year ahead, with falling dayrates and weak demand amid contract suspensions and ...

Hyperdynamics has contracted with Applied Drilling ... offshore area which is one of the world's largest under-explored regions. The concession is considered to have world class potential for oil ...