Directional drilling has been an integral part of the oil and gas industry since the 1920s. While the technology has improved over the years, the concept of directional drilling remains the same ...

Midland County was unchanged at 30 rigs — 27 horizontal rigs, two vertical rigs and one directional rig, all drilling for oil. Reeves County was likewise unchanged at 28 rigs and Martin County ...

UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of January 2025, the Company had an average of 106 drilling rigs operating in the United States. Average drilling rigs operating ...

Advancements in Horizontal Directional Drilling (HDD) Market: Transforming Underground Installations ... particularly in offshore oil and gas exploration, where traditional drilling methods are less ...

Water gushes from drilling equipment outside of Vandiver, Ala. Residents of the area have been left without water after the ...

U.S. Oil Rig Count Increases ... which is higher than the week-ago count of 13. The horizontal/directional rig count (encompassing new drilling technology with the ability to drill and extract ...

Precision Drilling Corp. engages in the provision of onshore drilling, completion, and production services to the oil and natural ... segment includes rig and directional drilling, procurement ...

Morgan Stanley analyst Daniel Kutz maintained a Hold rating on Patterson-UTI (PTEN – Research Report) today and set a price target of $10.00.

HOUSTON, TX / ACCESS Newswire / February 11, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of January 2025, the Company had an average of 106 drilling rigs operatin ...