Drilling
Article
October 2024
U-laterals are being employed increasingly by operators to gain access to greater amounts of reserves while simultaneously yielding significant savings.
Article
October 2024
Engineers leveraged data analytics, domain knowledge, and physics and machine-learning models to generate a depth-based optimum operating parameter roadmap automatically. This workflow enables ROP improvement and the reduction of drilling risks, becoming a key element for evolution of autonomous drilling operations and well cost reduction.
Article
October 2024
Consistency and repeatability improve efficiency in drilling operations, delivering safety gains in conjunction with reductions in flat time.
News
October 28, 2024
(Bloomberg) — Cnooc Ltd. posted a rise in Q3 profit after the company offset lower crude oil prices with increased output. The state-owned firm has a prominent role in raising output to meet targets for energy security, a task that has greater importance as the geopolitical landscape becomes more uncertain.
News
October 15, 2024
Nabors Industries has announced a definitive agreement to acquire Parker Wellbore in a transaction valued at $472 million. This strategic move strengthens Nabors' Drilling Solutions business and will lead to profitable growth for both companies.
News
October 10, 2024
Standards development follows a structured and systematic process, ensuring the highest quality and likelihood of implementation by industry and regulators worldwide. World Oil recently spoke with Paula Watkins, API Senior Director of Standards Development, to gain insights into the intricacies of the standards development process, the role of international collaborations, and the challenges along the way.
Article
September 2024
Continuing with the story from in prior columns, we’re looking at U.S. drilling activity to see how drilling performance has changed over the last few years and what it might say about how we can advance drilling even further.
Article
September 2024
The General Bond Log Interpreter (GBLI) is capable of interfacing with all cement bond logging tools and performing automated interpretation at >90% accuracy.
News
September 30, 2024
The JV will allow the three companies to leverage leading innovations in AI, smart drilling design, completions engineering and production solutions.
Article
September 2024
Operators are under great pressure to increase operational efficiencies, and drilling faster is key. However, pushing drilling equipment harder can be risky, as expensive components can be damaged by vibrations. Mitigating drilling dysfunctions caused by near-bit vibrations is crucial to increasing weight on bit (WOB), which leads to gains in ROP without compromising the drill bit or damaging the BHA.
Article
September 2024
New equipment automation advancements remove personnel from the red zone, improving safety, consistency, and efficiency.
Article
September 2024
Electrification has proven to be effective in lowering costs and the carbon footprint of drilling operations. This article provides technical analysis of highline (grid) power utilization on rigs through the lens of an innovative technology that connects a rig to a power grid, reducing Scope One emissions to nearly zero.
News
September 18, 2024
LOGIX assists with autonomous drilling, streamlines well delivery, can shorten production timelines, and reduces rig time through intelligent automation.
News
September 15, 2024
This collaboration enhances geocentric data interpretation, improves cross-discipline communication, and sharpens subsurface insights, driving faster, more precise decision-making. The result is increased drilling efficiency, innovation, and collaboration for superior well performance.
News
August 28, 2024
Output rose to a record 362.6 MMboe, as Beijing pushed for increased production from its state-owned drillers to enhance energy security amid rising geopolitical tensions.
News
August 27, 2024
China’s largest oil and gas driller said production rose to 905.5 MMboe in the period. Beijing has pushed its state-owned oil giants to invest heavily in production to help the nation meet energy security goals.
News
August 21, 2024
Salunda’s Crew Hawk wearable technology and HaloGuard cameras can be integrated with Intellilift’s drilling software, resulting in improved safety conditions, enhanced well planning and reductions in tripping time.
News
August 14, 2024
U.S. presidential candidate Kamala Harris faces a problem in Washington County, Pennsylvania, where gas drilling rigs and well pads dot the rolling green farmland.
News
August 05, 2024
ADNOC Drilling’s second quarter and first half 2024 revenue increased to $935 million and more than $1.8 billion, up year-on-year by 29% and 26%, respectively. This growth has been driven by the expansion of operations across all business segments.
Article
July 2024
When it comes to performance regressing as activity increases, one way to advance drilling is to find better and more reliable ways to ensure that we transfer the know-how and skills we already have to new workers and new teams.
News
July 21, 2024
Major oil field service companies are pivoting to more work in international and offshore fields amid a slowdown in U.S. shale activity brought on by industry consolidation, low natural gas prices and pressure to keep spending muted and return profits to shareholders.
