Offshore Drilling Stocks List

Offshore Drilling Stocks Recent News

Date Stock Title
May 15 BKR Here's Why Baker Hughes (BKR) is a Strong Growth Stock
May 15 NR Here Is Why Bargain Hunters Would Love Fast-paced Mover Newpark (NR)
May 15 BKR Report: Baker Hughes Tapped Zero-carbon Sources for Nearly One-third of Electricity Use in 2023, Reduced Emissions 28.3% from Baseline
May 15 BORR Borr Drilling Limited - Invitation to webcast and conference call Q1 2024 results
May 14 L Loews declares $0.0625 dividend
May 14 BKR Total US Drilling Rig Tally Declines: Here's What It Means
May 14 BKR Q1 2024 NET Power Inc Earnings Call
May 13 HAYN Chuck Royce's Strategic Moves in Q1 2024: A Deep Dive into Haynes International's Significant ...
May 13 NR Wall Street Analysts Predict a 45.31% Upside in Newpark (NR): Here's What You Should Know
May 13 NR Recent Price Trend in Newpark (NR) is Your Friend, Here's Why
May 13 BKR Zacks Industry Outlook Highlights SLB, Halliburton, Baker Hughes and Smart Sand
May 12 HP Helmerich & Payne: International Expansion Is Attractive
May 11 NR 15 Best Oil Stocks to Buy According to Analysts
May 10 BKR Oil Rig Count Falls by Three This Week, Baker Hughes Says
May 10 NR We Take A Look At Whether Newpark Resources, Inc.'s (NYSE:NR) CEO May Be Underpaid
May 10 HAYN Haynes GAAP EPS of $0.66 misses by $0.15, revenue of $152.46M misses by $6.34M
May 9 HAYN Haynes International (HAYN) Q2 Earnings and Revenues Lag Estimates
May 9 HAYN Haynes International, Inc. Reports Second Quarter Fiscal 2024 Financial Results
May 9 FTK Flotek Industries, Inc. (NYSE:FTK) Q1 2024 Earnings Call Transcript
May 9 DRQ Dril-Quip (DRQ) Q1 Earnings Decline Y/Y on Increased Costs
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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