Drilling

News
February 15, 2022
API published an important first-edition document focused on improving the safety of onshore drilling and production operations.

News
February 11, 2022
Baker Hughes rig count released Friday shows the United States has added 22 rigs since last week, bringing its total count to 635. Compared to a record low of 244 in August 2020, the rig count is up 160%.

News
February 10, 2022
Crude oil production from the prolific Permian basin of West Texas has topped estimates and may grow by an annual rate of 600,000 barrels a day for years to come.

News
February 08, 2022
The heat treatment line is part of the manufacturing process which gives pipe their required metallurgical properties for enhanced performance in oil and gas wells.

News
February 08, 2022
Oil executives tempted by the prospect of the highest crude prices in seven years are showing all the signs of abandoning pledges to hold the line on drilling budgets, Citigroup Inc. said.

News
February 02, 2022
Vitol Group, the world’s largest independent oil trader, is partnering with shale specialists who formerly led Brigham Exploration Co. to expand amid the highest crude prices in seven years.

News
February 01, 2022
President Joe Biden, who asked OPEC+ to raise oil production faster to tame runaway energy prices, got a gift on his home turf instead: a blockbuster growth forecast for U.S. shale production from the country’s two biggest oil companies.

News
January 31, 2022
Texas Railroad Commissioner Jim Wright notes seismologists have determined the injection of water into the deeper formations that is likely responsible for the recent earthquakes in the Permian Basin.

News
January 28, 2022
The sale of offshore oil and gas leases on more than 80 million acres in the Gulf of Mexico was canceled by a U.S. judge who ordered regulators to take a harder look at the impact on climate change.
Article
January 2022
Ditching diesel for clean options

Article
January 2022
A comprehensive suite of products advances drilling with excellent, integrated capabilities

Article
January 2022
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.

Article
January 2022
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.

Article
January 2022
Automation of drilling operations minimizes safety risks while increasing efficiency. Targeting well control operations provides meaningful advances to operational performance and risk reduction.

News
January 21, 2022
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.

News
January 21, 2022
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.

News
January 20, 2022
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.

News
January 14, 2022
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.

News
January 14, 2022
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.
News
January 12, 2022
U.S. annual oil production is set to rise to a record next year as shale producers continue to boost output.
News
January 10, 2022
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.


