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U S shale on track for $200 billion year, could erase its debt by 2024

U.S. shale producers are on course to make nearly $200 billion this year, enough to make the industry debt-free by 2024 and potentially fund a pivot toward more natural gas production, according to Deloitte LLP.

Westwood: Optimistic outlook for onshore drilling following global uptick in demand and dayrates

Latest analysis from Westwood Global Energy Group reveals a healthy recovery roadmap for the global land rig market, driven by higher commodity pricing and mounting pressures around energy security.

Drilling automation streamlines operations, improves safety

Recently introduced digitalization and automation technologies are enabling better performance on new build and retrofitted rigs.

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