Drilling
News
May 12, 2023
The funds raised will provide liquidity to maintain momentum around scheduled crude liftings, allowing the company to accelerate the procurement of materials for the drilling of its next Project I wells.
News
April 20, 2023
Drilling operations are expected to commence in approximately 2 weeks at Trio’s HV-1 well, located on the company’s 8,600-acre asset called the South Salinas Project in Monterey County, California.
News
April 20, 2023
Integrating Corva's App Store and Dev Center with Nabors' SmartROS universal drilling rig controls and automation system is expected to deliver solutions that rapidly scale process and machine automation, enhance remote project oversight and streamline data exchange and collaboration across any AC rig fleet.
News
April 17, 2023
The results of JKT-01Z followed by WR-B01Za provide back-to-back drilling success, further validating the company's reservoir understanding and confirming its ability to accurately place horizontal wells in areas of good productivity.
News
April 14, 2023
The Enteq XXT technology is well known throughout the industry for high reliability and delivering highly cost-efficient operations. The sale will enable Enteq to focus its attention, investment and resources towards the development of its SABER Tool.
News
April 12, 2023
The use of immersive learning technologies within training programs is widely proven to deliver better outcomes for both employee and employer, including knowledge retention and increased engagement; and this well-specific technological development will further instill confidence in the crew's ability.
News
April 10, 2023
The contract covers a firm term of 725 days and is expected to begin in Q3 2023, following the conclusion of the rig's ongoing activation.
News
April 06, 2023
The region is one of three countries ExxonMobil is attempting to capitalize on. While assets in Guyana and U.S. shale are looking positive, Exxon still hasn’t made an oil discovery in Brazil.
News
March 13, 2023
P1ANS combines trusted techniques with improved technology and new features, including rig campaign time and cost modelling, auto-distribution from historic reference data, company specific tagging and templates increasing standardization in well construction.
News
March 10, 2023
The auction, digitally available at international level, is divided into three lots of 1,000, 410 and 80 tons, each from a different source warehouse. In total, there are more than 700 components, including pipes, casings and auxiliary material.
News
March 07, 2023
Add Energy offers 30+ years of operations, drilling and well engineering experience and provides leading solutions in asset management, drilling and well operations, safety and risk, decarbonization and energy transition, and training.
Article
February 2023
Drilling and production are set to experience gains in most regions during 2022, as operators seek to balance development of new supplies with global demand.
Article
February 2023
Despite rising interest rates and fear of an economic recession, WTI surged to a 15-year high of $114.84/bbl in June 2022, as the war in Ukraine continued to restrict Russian supply and fueled global unrest.
News
February 27, 2023
The Railroad Commission of Texas has filed comments on draft guidance issued by the U.S. Department of the Interior for utilizing formula grants to plug orphaned oil and gas wells.
News
February 27, 2023
For nearly a year, the Biden administration has attempted to redirect scrutiny over its slow walking of federal oil and gas leases by chastising U.S. producers for leaving 9,000 permits to drill on federal lands untapped.
Article
February 2023
To extract all possible hydrocarbons from complex reservoirs, advanced RSS and LWD technologies improve overall drilling efficiencies and lower construction costs over the life of the well.
Article
February 2023
Autonomous drilling has not progressed as far as previously thought. As an industry, we silo parts of the autonomous system. This needs to change to a full-system approach to progress further.
News
February 15, 2023
Alaska’s senators sharply condemned any potential Biden administration move to authorize ConocoPhillips’ $8 billion Willow oil project with restrictions so onerous it wouldn’t be viable, warning that would be seen as a rejection.
News
February 14, 2023
Russian companies did the most drilling at their oil fields in more than a decade last year, with little sign that international sanctions or the departure of some major Western firms directly harmed so-called upstream operations.
News
February 13, 2023
Borr Drilling Limited has been awarded a new contract and two extensions for its premium jack-up drilling rigs “Ran”, “Gerd” and “Natt”. These awards increase the company’s firm backlog by approximately 625 days.
News
February 13, 2023
ADNOC Drilling’s revenue for the year increased to $2.67 billion, up a robust 18% compared to 2021. Year-on-year revenue growth was led by the Onshore and Oilfield Services (OFS) segments, while all segments achieved positive year-on-year performance as the company enables ADNOC’s accelerated production capacity target of 5 MMbpd by 2027.
