The combined number of oil and gas rigs active so far this year has averaged 480 rigs, according to Baker Hughes data, Reuters reported.

NOV, ClearWater Solutions, offloading, saltwater disposal, oil, costs, flowback, fluid

A new SWD facility design creates a safer, more efficient flowback fluid disposal process.

The acquisition marks RockPile's first deal after being acquired by White Deer Energy on Sept. 8. Denver-based RockPile was a subsidiary of Triangle Petroleum, which filed for chapter 11 in June.

The Baker Hughes report showed the North American count dropped this week by four to 638, compared to 1,024 a year ago. 

More than two-thirds of rigs added over the past two months were located in the Permian Basin in West Texas and eastern New Mexico, Reuters said.

Baker Hughes, drilling, oil, market, Martin Craighead

As global energy demand and oil price uncertainty linger, one of the world’s largest oilfield services company is positioning itself for growth.

The PR platform jacket was constructed by the BOS Shelf, Star Gulf and Saipem consortium in Azerbaijan. 

An LNG tanker arrives at Skangas’ Pori Terminal in Finland.

Wartsila joins with Gasum to develop LNG distribution network for industrial sector.

Called the OCEAN-HE, the hull shape of the new semisubmersibles has been designed for low motion characteristics and optimum station keeping capabilities, the company said in a news release. The series includes the OCEAN850-HE and OCEAN1600-HE, the company’s largest to date.

The offshore drilling contractor said a provisional commitment for the two-year extension was signed during second-quarter 2015 and the day rate for the remaining term of the initial contract was reduced. Seadrill said the extended contract was finalized during first-quarter 2016. 

Profits at Maersk Drilling, a unit of shipping and oil group A.P. Moller-Maersk, fell by 25% to $164 million in the second quarter from a year earlier as major oil firms cut or postponed exploration projects as a result of the low oil prices.

The North American rig count grew by 21 rigs this week, boosting the count to 607.