Tag Archives: oil rigs

US Drillers Add Oil Rigs For Record 23rd Week In A Row

U.S. energy firms added oil rigs for a record 23rd week in a row, extending a year-long drilling recovery as producers boost spending on expectations crude prices will rise in future months despite this week’s decline to a 10-month low. Drillers added 11 oil rigs in the week to June 23, bringing the total count […]

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How Drones Will Transform the Oil and Gas Industry in 2018

Emerging technologies in robotics and automation have the potential to improve operations in the oil and gas industry by reducing costs, and increasing safety, efficiency and speed of the processes. Comprising of Robotics, Artificial Intelligence, IoT, analytics, and other hardware and software tools, the technologies are already finding inroads in a variety of processes. These […]

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