Unit Corporation has delivered strong returns from drilling and investor interest, but valuation and litigation risks limit ...

Unit Corporation increased its quarter-over-quarter oil production by 5% in Q2 2025 after a 10% increase in Q1 2025. Read why ...

OKLAHOMA CITY - In its 50th year, Tulsa-based Unit Corp. is looking to boost its drilling rig operations with a new, high-tech rig that will be assembled at its Oklahoma City manufacturing center "We ...

OKLAHOMA CITY - New drilling processes demand updated equipment. Tulsa-based Unit Corp. on Wednesday unveiled its new BOSS drilling rig, a high-tech platform designed to take advantage of ...

Unit Corporation's subsidiary, Unit Drilling Company, experienced a fire on one of its drilling rigs over the weekend. Unit's rig No. 31, a 600 horsepower drilling rig and one of the company's smaller ...

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a marginal rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This ...

SINGAPORE -- Singaporean conglomerate Sembcorp Industries, parent company of rig builder Sembcorp Marine, reported a net profit of 60.7 million Singapore dollars ($43 million) for the three months ...

The US drilling rig count edged downward by 1 unit during the week ended Dec. 14, with the total number of rotary rigs reaching 1,799, Baker Hughes Inc. reported. The US drilling rig count edged ...