Offshore Drilling Stocks List

Offshore Drilling Stocks Recent News

Date Stock Title
May 15 BORR Borr Drilling Limited - Invitation to webcast and conference call Q1 2024 results
May 14 SDRL Seadrill (SDRL) Surpasses Q1 Earnings and Revenue Estimates
May 14 SDRL Seadrill GAAP EPS of $0.81 beats by $0.14, revenue of $367M misses by $4.49M
May 14 SDRL Seadrill Announces First Quarter 2024 Results
May 14 WTI EnerCom Announces Chris Wright, Chairman and Chief Executive Officer of Liberty Energy, as Keynote Speaker at the 29th Annual EnerCom Denver - The Energy Investment Conference
May 14 L Loews declares $0.0625 dividend
May 14 SDRL Returns On Capital Are Showing Encouraging Signs At Seadrill (NYSE:SDRL)
May 14 WTI W&T Offshore Inc (WTI) Q1 2024 Earnings Call Transcript Highlights: Surging Production and ...
May 14 WTI Q1 2024 W&T Offshore Inc Earnings Call
May 13 SDRL Seadrill Q1 2024 Earnings Preview
May 13 WTI W&T Offshore (WTI) Q1 Earnings Lag Estimates on Lower Prices
May 12 WTI W&T Offshore First Quarter 2024 Earnings: Misses Expectations
May 12 HP Helmerich & Payne: International Expansion Is Attractive
May 10 WTI W&T Offshore Inc (WTI) Q1 2024 Earnings: Performance and Strategic Acquisitions Highlight
May 10 WTI W&T Offshore (WTI) Reports Q1 Loss, Tops Revenue Estimates
May 10 WTI W&T Offshore Non-GAAP EPS of -$0.05, revenue of $140.8M
May 10 WTI W&T Offshore Announces First Quarter 2024 Results and Declares Dividend for Second Quarter of 2024
May 10 SDRL Seadrill (SDRL) Announces New Contracts for Two Drillships
May 10 SDRL Walmart Stock Holds Near Highs Ahead Of Earnings; On Holding Looks To Regain Wall Street Favor
May 9 FTK Flotek Industries, Inc. (NYSE:FTK) Q1 2024 Earnings Call Transcript
Offshore Drilling

Offshore drilling is a mechanical process where a wellbore is drilled below the seabed. It is typically carried out in order to explore for and subsequently extract petroleum which lies in rock formations beneath the seabed. Most commonly, the term is used to describe drilling activities on the continental shelf, though the term can also be applied to drilling in lakes, inshore waters and inland seas.
Offshore drilling presents environmental challenges, both offshore and onshore from the produced hydrocarbons and the materials used during the drilling operation. Controversies include the ongoing U.S. offshore drilling debate.There are many different types of facilities from which offshore drilling operations take place. These include bottom founded drilling rigs (jackup barges and swamp barges), combined drilling and production facilities either bottom founded or floating platforms, and deepwater mobile offshore drilling units (MODU) including semi-submersibles and drillships. These are capable of operating in water depths up to 3,000 metres (9,800 ft). In shallower waters the mobile units are anchored to the seabed, however in deeper water (more than 1,500 metres (4,900 ft) the semi-submersibles or Drillships are maintained at the required drilling location using dynamic positioning.

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