Drilling
News
May 21, 2025
Subsea7 will be responsible for transporting and installing flexible pipelines, umbilicals, and associated subsea components for the connection of a floating production, storage and offloading (FPSO) vessel as well as the pre-laying activities for an upcoming drilling campaign.
News
May 20, 2025
SLB has launched Retina™ at-bit imaging, a first-of-its-kind solution which enables identification of formation characteristics. Retina addresses the limitations of traditional imagers, which are often restricted by operational factors like drilling fluid type and wellbore damage, SLB stated.
News
May 13, 2025
Brazil’s state-controlled oil producer Petrobras approved dividends slightly below expectations amid a trade war that has created economic uncertainty and undermined oil prices.
News
May 13, 2025
Ghana is encouraging investors to increase oil output in order to stay ahead of a global decarbonization push. The government is ready to roll out the “red carpet” to any investor prepared to drill and pump crude, President John Mahama said at a forum on Tuesday.
News
May 12, 2025
TWMA has secured a contract with bp to provide drilling waste management services in the UK North Sea. The scope of work will utilize TWMA’s RotoMill technology for the safe and efficient processing of drilling waste directly at the wellsite.
News
May 09, 2025
The drilling unit of the United Arab Emirates’ biggest oil company expects to make three acquisitions in the second half of this year totaling about $500 million, as it expands in technology and hardware to bolster growth.
News
May 08, 2025
ADNOC Drilling has announced strong financial results for the first quarter of 2025, building on its growth trajectory with a focus on strategic investments in fleet expansion, integrated services, AI and global expansion.
Article
April 2025
As we go into the last week of April, and this issue goes out the door, the upstream industry has nearly four months (one-third) of 2025 in the books already. So, what do we have to show for drilling activity in the first third of the year? Well, nothing spectacular.
News
April 28, 2025
Russia’s oil producers have been drilling wells at a pace not seen in at least five years as the nation readies for both a loosening of OPEC+ output limits and the possibility of relief from some international sanctions over its invasion of Ukraine.
News
April 28, 2025
Drillers in Canada’s Alberta energy region are shifting their focus to natural gas as the global trade war and OPEC+ output increase hammers crude prices. The number of licenses for new gas wells issued in Q1 rose 26%, according to Alberta Energy Regulator data.
News
April 28, 2025
U.S. President Donald Trump's desire for lower crude prices and his disruption of the global economy with trade tariffs during the first quarter of 2025 is stressing the oil industry’s finances, calling into question both shareholder returns and drilling plans.
News
April 24, 2025
Texas shale-oil company Matador Resources Co. plans to drop one of its nine drilling rigs by the middle of the year in response to plunging crude prices. Matador is the first significant shale company to announce it’s cutting back on drilling since crude futures began nosediving earlier this month.
News
April 23, 2025
Vantage Drilling has secured a contract with an undisclosed operator for its Platinum Explorer deepwater drillship with a 90-day validity period. The contract is valued at $80 million with an anticipated 260 days required to render the campaign.
News
April 15, 2025
Halliburton and Nabors Industries have achieved the first fully automated surface and subsurface execution of rotary and slide drilling operations in Oman. The closed-loop drilling execution earned both companies the 2025 Digital Enabler of the Year Award and represents a step forward in automation in the region.
News
April 11, 2025
The number of U.S. rigs drilling for crude fell by nine to 480 this week, the biggest drop since June 2023. Domestic oil prices have been hovering around the low $60s-a-barrel, below levels that energy executives have said they need to make new drilling profitable.
News
April 11, 2025
Nabors and Corva AI are expanding their alliance with the launch of RigCLOUD® Powered by Corva, a fully integrated drilling intelligence solution that combines Nabors’ edge and cloud computing platform with Corva’s AI-driven analytics.
News
April 04, 2025
Lufkin Industries, a global leader in surface production equipment and automation solutions, has announced the sale of its North America Downhole (NAM Downhole) business to Q2 Artificial Lift Services, a leading provider of downhole reciprocating pumps.
News
April 01, 2025
Specialist drilling waste management company, TWMA*, has secured a three-year contract with TotalEnergies UK for its renowned drilling waste management services, marking the continuation of a long-term relationship between the two companies.
News
April 01, 2025
Cairn Oil & Gas has entered into an agreement with Parker Wellbore to expand operations in India using a high-performance 2000HP drilling rig. Cairn will deploy the rig in Barmer, Rajasthan—the company's largest onshore producing asset in India, this month.
News
March 28, 2025
A federal district judge on Thursday ruled against a Biden administration sale of oil and gas drilling rights in the Gulf of Mexico, faulting the government with failing to sufficiently analyze its possible effects on the climate and endangered whales.
Article
March 2025
Deployment of a new azimuthal resistivity tool for coiled tubing drilling not only marks the first time it is being used on coiled tubing but also highlights just how effective it could be in helping operators realize real efficiencies on their projects.
