Drilling ///

Lundin Energy explores potential $10 billion sale

Nordic oil producer Lundin Energy AB is exploring a potential sale that could rank as one of the largest European oil and gas deals in years, people with knowledge of the matter said.

U.S. seeks to boost oil royalties to account for climate change

The Biden administration on Friday issued a long-awaited blueprint for overhauling oil and gas development on federal lands that includes boosting royalty rates despite high gasoline prices that have spurred demands to accelerate domestic production.

Neptune owners seek offers for its $5 billion gas exploration unit

Neptune Energy Group Ltd.’s owners are weighing plans to sell the UK oil and gas explorer, according to people familiar with the matter.

Water management

Mark Patton, Hydrozonix

Seismic Response Areas (SRAs) enter the picture

Drilling advances

Jim Redden, Contributing Editor

Controlling top-to-bottom limiters

First oil

Kurt Abraham, World Oil

Recovery is still moving forward

Alberta firm delivers automated well service rigs to Oman in logistical success

Rob Wawrzynowski, Highwood Equipment Technologies

Highwood Equipment Technologies beat the clock by contracting one of the world’s largest commercial airplanes to ship two well service rigs to Oman.

Biocide guide: Protecting reservoirs and maximizing oilfield production

Anup Rama, Ken Wunch, IFF Microbial Control

How to implement an effective microbial control program to safeguard oilfield operations, optimize hydrocarbons and strengthen productivity.

Neptune Energy extends drilling contract with Odfjell Drilling

Neptune Energy has extended a contract for Odfjell Drilling’s Deepsea Yantai drilling rig, to include three additional wells in the Norwegian North Sea next year.

ADNOC awards Baker Hughes two major contracts through its local partners

Baker Hughes has been awarded two contracts from ADNOC this week for equipment and services across multiple upstream fields and projects in the United Arab Emirates.

Exxon bids on 94 shallow-water plots in latest Gulf of Mexico leasing round

Exxon Mobil Corp. submitted bids for 94 drilling leases in shallow waters near the Texas coastline, an apparent step forward for a giant proposed carbon-capture project close to Houston’s industrial corridor.

Biden’s Gulf of Mexico oil lease sale draws high-dollar bids

Oil companies spent $191.7 million buying drilling rights in the Gulf of Mexico on Wednesday, during a robust government auction that underscored the industry’s appetite for new crude as the White House seeks to shift the U.S. away from fossil fuels.

Leveraging oil and gas digitalization to emerge from the pandemic

Bimal Venkatesh, Weatherford

Following the pandemic, companies are adjusting operating philosophies to focus more on production optimization and maximize existing investments. This growing need has fueled interest in the latest digital offerings, especially for remote operations, visualization, Edge automation and artificial intelligence.

Biden’s offshore oil lease auction will test drillers’ appetite for risk

The Biden administration is selling drilling rights across the Gulf of Mexico on Wednesday in an auction that will test the oil industry’s appetite amid White House efforts to shift away from fossil fuels.

Carbon+Intel: TWMA’s wellsite processing solution proven to reduce carbon emissions of drilling operations by 50%

Specialist drilling waste management company, TWMA, will highlight how its wellsite processing solution has been proven to reduce the carbon emissions of drilling operations by 50% at this year’s ADIPEC.

Maersk Drilling, Noble to merge operations as Noble Corporation

Noble and Maersk Drilling share a strong conviction about the compelling industrial logic for taking this step to create a differentiated offshore drilling company with the scale, capabilities, and resources to successfully serve a broad range of customers.

KCA Deutag secures almost $185m of land drilling contracts in the Middle East region

Global drilling, engineering and technology provider KCA Deutag has been awarded contracts worth almost $185m from leading exploration and production companies across key markets in the Middle East region.

Southwestern Energy to acquire GEP Haynesville for $1.8 billion

Southwestern Energy Company announced that it has entered into a definitive agreement with the third largest private Haynesville producer – GEP Haynesville, LLC under which it will acquire GEP for approximately $1.85 billion. The transaction is expected to close by year-end 2021, subject to customary closing conditions.

Pioneer CEO says Biden needs to “back off” anti-oil policies

President Joe Biden should “back off” from domestic anti-oil policies if he wants to keep crude prices in check, according to one of America’s biggest shale drillers.