I don't want to pile onto the misery of Hercules' investors any more, but I have bad news for you: This isn't going to stop the bleeding. Let's take a look at what's going on in the rig market ...

As most of these rigs do not have contract commitments, what does this mean for forward shallow water day rates and utilization at Hercules Offshore? David Phillips has more than 25 years ...

Hercules Offshore said it returned to a fourth-quarter profit after not having tax expenses related to its initial public offering and on international demand for jackup rigs and liftboats.

Hercules Offshore Inc. agreed to sell 11 inland barge rigs, which includes 3 active rigs, 8 cold-stacked rigs, and related assets for $45 million. Hercules Offshore Inc. agreed to sell 11 inland ...

has awarded three-year contracts for the Hercules 258 and Hercules 260 jackup rigs for drilling operations offshore India. The contract for the Hercules 258 is expected to commence in mid-second ...

Hercules Offshoresaid today that 44 workers who were evacuated Tuesday from one of its Gulf of Mexico rigs sustained no injuries and that the extent of the damage to the Hercules 265 jackup ...

Article continues below the advert “At this time, the company believes that it is unfeasible to repair thedamage and return the rig to service,” Hercules said at the time in thedisclosure to ...

Hercules sold 13 rigs in a bankruptcy auction to a company named Enterprise Offshore Drilling for a total of just under $24 million, according to court documents. That includes a final purchase ...

Hercules put out a press release announcing that a Hercules Offshore drilling rig being operated in the Gulf of Mexico had experienced a "well control incident." The company today issued an update ...