Aug 26 (Reuters) - North American onshore rig contractors are spending millions of dollars to add costly "walking" rigs to their fleet, a move that may seem counterintuitive at a time when the slump ...

The current malaise in the oil industry has placed a renewed emphasis on measures to cut costs, as producers struggle with the realities of sub $50-a-barrel oil. One of the more interesting ...

Highly specialized mobile rigs are literally walking over the oil patch's collection of aging equipment — tamping down sales and profits in a burst of efficiency that's making some drillers victims of ...

The current malaise in the oil industry has placed a renewed emphasis on measures to cut costs, as producers struggle with the realities of sub $50-a-barrel oil. One of the more interesting ...