On crowded platforms, a small army labors to keep up the extraction of fossil fuels from the state’s oldest producing oil and ...

Unit Corp. unveils highly mobile BOSS drilling rig The BOSS platform is much improved from rigs in use just 10 years ago, the company says.

Transocean Ltd. RIG is one of the most well-known players in offshore drilling, focused on operating mobile rigs that help ...

The average price target for RIG stock is $5.86, ... Its primary operations involve contracting mobile offshore drilling rigs, related equipment, and work crews.

Since the first jackup was built in 1954, jackups have become the most popular type of mobile offshore drilling unit (MODU) for offshore exploration and development purposes. In fact, there are ...

These floating oil rigs are mobile and are fit for deeper, ... One prominent example is the Deepwater Horizon rig, which was drilling in water over 4,100 feet deep before it's infamous 2010 accident.

A gaggle of companies are searching the US Midwest for underground hydrogen fuel produced by a billion-year-old split in the ...

Mobile-Offshore-Drilling-Unit News: Deteriorated Bollard Caused Drillship Breakaway And Collision, ... (MGPS) for the latest in a series of jack-up drilling rigs to be built by Lamprell, ...

The mobile offshore drilling unit market size was valued at USD 5.1 Billion in 2023 and is expected to reach a market size of USD 9.9 Billion by 2032 at a CAGR of 7.6%.Fort Collins, Colorado ...

How Deep Can Offshore Oil Rigs Drill? By ... These floating oil rigs are mobile and are fit for deeper, rougher waters. They in water between 1,600 and 10,000 feet and drill up to 6.2 miles.