Drilling ///

Drilling Advances

Jim Redden

Ditching diesel for clean options

Giving control back to the driller: Fully integrated MPD systems

Mike Vander Staak

A comprehensive suite of products advances drilling with excellent, integrated capabilities

Digitizing operations increases completion efficiency, addresses environmental and cost challenges

Jose Garza

As fracturing intensities continue to push component capabilities, a system-level approach is required to further enhance operational efficiencies. An innovative completion technology ecosystem has delivered OPEX savings and QHSE improvement through system integration, automation and digital control capabilities.

Upcoming EPA regulations open the door for innovative methane detection technologies

Stefan Bokaemper, Robert Ward

Upcoming EPA methane regulations are far-reaching and will have a major impact on upstream and midstream operations. Analysis reveals that new technologies may help to reduce operators’ regulatory burden while detecting more emissions than periodic hand-held optical gas inspections.

Automating well control for managed pressure drilling operations

Bryan Atchison, Chad Wuest

Automation of drilling operations minimizes safety risks while increasing efficiency. Targeting well control operations provides meaningful advances to operational performance and risk reduction.

Global LNG boom sends Baker Hughes’ demand soaring beyond expectations

Oil and gas drilling is big business once again, if the leap in demand for services from Baker Hughes Co., the world’s No. 2 oilfield contractor, is any gauge.

Schlumberger places $2 billion bet on strong oilfield service demand growth

Schlumberger is gearing up for growth around the world as the No. 1 oilfield contractor expects recovering economies to ignite several years of crude-demand expansion.

Chesapeake working with Chief Oil & Gas on possible $2.4B deal

Chesapeake Energy Corp. is in advanced talks to acquire privately owned natural gas producer Chief Oil & Gas Inc. for about $2.4 billion including debt, Reuters reported, citing people familiar with the matter.

Shale drillers target Eagle Ford for new exploration opportunities

The Eagle Ford shale in South Texas, long overlooked compared to its larger cousin the Permian basin, saw its biggest one-week jump in drilling activity in more than two years as explorers look for growth beyond the world’s biggest shale patch.

TotalEnergies grants Maersk Drilling one-well extension offshore Suriname

The contract extension for Maersk Valiant has an estimated duration of 100 days, with work expected to commence in March 2022 in direct continuation of the rig’s previously agreed work scope.

EIA expects shale to drive record U.S. oil production in 2023

U.S. annual oil production is set to rise to a record next year as shale producers continue to boost output.

Canadian Overseas Petroleum Ltd announces significant U.S. discovery

Canadian Overseas Petroleum Limited, an international oil and gas exploration, production and development company with operations focused in Wyoming, USA, announced a significant conventional light oil discovery at its Wyoming asset.

Shale drillers delaying emissions cuts from operations, says Federal Reserve

Less than half of oil and natural gas drillers in the U.S. Great Plains and Rocky Mountains plan to curb emissions of carbon dioxide and methane this year, according to the Federal Reserve Bank of Kansas City.

U.S. oil majors’ stock prices return to pre-pandemic levels

A rally in oil prices lifted U.S. energy stocks to the highest since the pandemic emerged more than two years ago.

Pioneer CEO sees oil above $100 as a net negative for shale

Bosses for some of the biggest oil explorers in the Permian Basin say their industry could be hurt if crude climbs above $100 a barrel.

ExxonMobil tallies two new discoveries offshore Guyana

ExxonMobil announced two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana.

European court to decide if Arctic drilling violates human rights

The European Court of Human Rights is asking Norway to respond to charges by activists that allowing new oil and gas drilling in the Arctic during an environmental crisis may breach fundamental freedoms.

FireBird Energy acquires Midland basin assets from Chevron

FireBird Energy has completed an acquisition of operated assets located in the Midland Basin from Chevron U.S.A. Inc. and Chevron Midcontinent, L.P. Leaseholdings included in the transaction total approximately 21,000 acres.

Shale drillers face record cost pressures as banks shun the sector

Oil drillers in the biggest U.S. fields are shouldering record costs at the same time that some banks are increasingly reluctant to loan money to the sector, according to the Federal Reserve Bank of Dallas.

Hunting PLC forms JV with India’s Jindal SAW Limited

The agreement formalizes a closer working partnership between the two businesses, following the formation of a strategic alliance in 2019 when Hunting and Jindal began cooperating to develop their presence in the rapid growth OCTG market in India.

Shell signs gas concession agreement for Block 10 in Oman’s Saih Rawl field

Shell’s entry into this block signifies a further commitment to Oman, while enhancing and diversifying Shell’s gas supply.

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