Drilling

News
February 22, 2024
All but one of the firm’s operational rigs are currently deployed in Abu Dhabi, with most serving its parent company. However, by the end of 2024, the company will have enough rigs to deploy outside of the United Arab Emirates too, Salem said. It will spend $750-950 million to acquire 15 rigs this year.
News
February 20, 2024
KCF Technologies, a provider of predictive maintenance and machine health solutions, announced an integration with Nabors Industries, pioneer of the RigCLOUD digital drilling platform, enabling customers to bring data from their wireless machine sensors into the open cloud system.
News
February 18, 2024
Caterpillar Oil & Gas announced the launch of the Cat Hybrid Energy Storage Solution to help drillers and operators cut fuel consumption, lower total cost of ownership (TCO) and reduce environmental impact in today’s oil and gas operations.
News
February 14, 2024
These rigs will be sourced from H&P’s idle super-spec FlexRigs in the U.S. and, during fiscal 2024, the company plans to convert the rigs to walking configurations and further equip them to suit Saudi Aramco’s unconventional gas drilling rig specifications.
News
February 13, 2024
The acquisition of Coretrax will enable Expro to expand its portfolio of cost-effective, technology-enabled well construction and well intervention & integrity solutions, particularly across the North and Latin America, Europe and Sub-Saharan Africa and Middle East and North Africa regions.
News
February 07, 2024
Production in California has been falling for years even as other U.S. basins are still enjoying growth. The transaction will add large, producing assets to the driller’s portfolio, with executives eyeing opportunities to eventually increase oil recovery at the combined company.
Webcast

Oil & Gas Forecast 2024

February 15, 2024
Energy Workforce & Technology Council
Now in its 98th year, the World Oil Forecast is one of the upstream oil and gas industry's most trusted sources of projections and data relating to global E&P activity. Utilizing data collected from proprietary surveys of governments and operators in the U.S. and worldwide, this definitive industry report includes projections for spending and activity, worldwide drilling and production, and an analysis of political factors impacting the U.S. and international oil and gas industry. Now, more than ever this information will help market leaders make decisions relating to their businesses.
Article
January 2024
ESG testing drilling engineers
News
January 18, 2024
The company has already integrated the new assets and software, which include wireline pump units, drilling units and tractor modules into its existing technology portfolio.
Article
January 2024
A new performance solution for MPD applications was launched to address a substantial portion of the market between existing entry-level and premier tier offerings. The author details the differences in these solutions and presents a case study highlighting performance improvements.
News
January 14, 2024
KCA Deutag’s global footprint, customer relationships and extensive drilling, engineering and technology experience combined with Pruitt's expertise in MPD equipment design, manufacturing, and well engineering will see the companies combine their expertise to offer additional drilling and well delivery solutions to customers across the globe.
News
January 11, 2024
The agreement will enable customers to seamlessly integrate the companies’ drilling automation applications and rig operating systems to deliver improved well construction performance and efficiency.
Article
December 2023
The persistent challenges of well control, spanning from drilling to production, highlight the critical need for enhanced preparedness and proactive measures. The integral role of Well Control System Surveys is critical in preventing catastrophic incidents and fostering a culture of safety and efficiency within the industry.
News
December 20, 2023
Hess Corp. was the high bidder in a U.S. auction for drilling rights in the Gulf of Mexico, which raised a total of $382 million from oil giants before the Biden administration imposes a two-year hiatus for future sales.
Article
December 2023
Controlling and resolving oil and gas well control incidents requires an expert team and specialized equipment. The author provides insight into this complex and challenging part of the oil and gas business and the path to safely remediating an unplanned event.
News
December 08, 2023
The contract involves deploying the Shelf Drilling Perseverance jack-up rig to Southeast Asia, specifically Vietnam.
Article
November 2023
Building the ambiguous 'better well'
Article
November 2023
The availability of energy storage solutions and intelligent engine management systems enables companies to increase efficiencies and lower costs and emissions while maintaining power and performance.
News
November 24, 2023
Across the U.S., operators added four rigs in the five-day period from Nov. 18 to Nov. 22, according to the Baker Hughes Rotary Rig Count. It was the second week in a row that the total U.S. count increased, with the new total standing at 622.
News
November 21, 2023
(WO) — Pakistan Petroleum Limited (PPL) has made a gas condensate discovery with its Jhim East X-1 exploration well on Block 2467-16 (Shah Bandar), located in Sujawal district in Pakistan’s Sindh province.
News
November 20, 2023
(WO) — Invictus Energy Ltd. has reported significant progress in the drilling of the Mukuyu-2 well at its 80% owned and operated Cabora Bassa project in Zimbabwe.
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