Drilling
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.
News
November 20, 2023
(WO) — Ukraine's state-owned Naftogaz’s subsidiary Ukrgasvydobuvannya has uncovered a highly promising gas deposit in the Carpathians, previously believed to be exhausted, the company announced on Nov. 20.
News
November 14, 2023
On its final morning last Friday, the Annual General Meeting of the International Association of Drilling Contractors (IADC) in Austin, Texas, featured a presentation by NOV of the 70th Annual Rig Census.
News
November 13, 2023
As the Annual General Meeting of the International Association of Drilling Contractors (IADC) continued Thursday afternoon in Austin, Texas, it featured wide-ranging commentary from three panelists on issues of concern during the “Drillers Outlook.”
News
November 09, 2023
By combining ProACT's advanced analytics with Max Platform's powerful data capabilities, operators can optimally manage the construction of wells.
News
November 07, 2023
Delivery of the contract includes the design and manufacture of top drives from Kenera’s rig equipment business, Bentec.
News
November 07, 2023
Under the agreement, Halliburton and Sekal are collaborating on several technologies and services that incorporate Halliburton digitally integrated well construction solutions and the Sekal DrillTronics automation platform.
Article
October 2023
An innovative digital solution prepares an operational database and stores performance results of drill bits, motor power sections, RSS, BHA configurations and drilling fluids. After parameters of a planned drilling run are set, a multidimensional distance-based approach selects similar previous drilling runs for analysis. The process enables rational technology selection recommendations.
Article
October 2023
The drilling challenge remains the same: Drill faster and more efficiently to reduce drilling time. New technologies are being introduced to evolve to one run intervals, which reduces drilling time.
News
October 26, 2023
Coretrax will deploy its leading ReLineMNS and ReLineHYD expandable casing patches to effectively isolate trouble zones and increase production on the operator’s existing wells.
Article
October 2023
The rugged Delta connection provides wider field inspection tolerances. This case history illustrates how focusing on KPIs can lead to inefficiencies and increased costs, and more importantly, how to avoid this trap.
Article
October 2023
Partnering with a coupling expert can help meet or exceed the industry’s most rigorous tolerance and quality standards.
News
October 20, 2023
The total includes 709 to drill new oil or gas wells, 10 to re-enter plugged wellbores and 80 for re-completions of existing wellbores.
Article
September 2023
International activity outside the U.S. continues its growth, as most regions will see a pick-up in drilling. Global oil production posted an unusually stout increase last year, and another solid gain is anticipated this year. Offshore activity is particularly healthy in several regions.
News
October 03, 2023
TWMA will deploy its award-winning RotoMill solution alongside its newly launched XLink cloud-based, real-time monitoring technology across four artificial island drilling units to promote efficiency whilst minimizing the project’s carbon footprint.
Article
September 2023
OPEC’s 1-MMbopd production cut, coupled with increased global demand, pushed crude prices to a nine-month high in September. Yet, U.S. operators have shown restraint, and according to World Oil’s mid-year forecast, this trend will continue, as activity is projected to decline slightly during second-half 2023.
Article
September 2023
Caution leads the way as Canada’s oil industry seeks to find the balance between burgeoning global needs for its ethically and sustainably produced energy and increasingly punitive policies from Ottawa that threaten industry’s ability to meet demand.
Article
September 2023
Exploration ≥ Drill, Pump, Sell
Webcast
Applying Gen AI for Drilling Optimization: Insights from a Real-World Implementation
October 18, 2023
DeepIQ
Drilling Activity generates a significant amount of data. This data is typically captured across a variety of sources such as time and depth series data from geological surveys and drilling operations, unstructured data from End of Well reports, and structured data from internal IT systems. To date, synthesizing this data into a usable format and generating actionable insights has been a challenge.
In this talk, we present results from a fielded Gen AI solution that synthesizes data from our historic drilling wells in Romania and provides a natural language interface for drilling experts to interact with. Additionally, it provides recommendations for optimizing well design and performance parameters based on past results. Our goal is to reduce project costs by streamlining information discovery and improve decision accuracy by leveraging data-backed insights.
News
September 25, 2023
The PulseStar service uses telemetry for remote operations to minimize human interaction and enhances on-bottom drilling time.
