Patterson-UTI Energy Inc., a drilling contractor based in Snyder, Tex., agreed to buy $100 million of rig components from National Oilwell Varco Inc. to build 15 land drilling rigs in 2007. HOUSTON, ...

Global growth in land rig demand will average 5%/year in 2012-2016, expanding the rig fleet to more than 11,000 units from the 9,700 in service today, said a study by Douglas-Westwood Ltd., Canterbury ...

There's no denying just what a time commitment working on an oil rig can be, nor how isolated one might feel while doing so. The latter in particular comes with the territory at times: The Perdido oil ...