Drilling
News
September 15, 2025
TAQA (Industrialization & Energy Services Company) has introduced the Esaar™ mud motor, designed to improve drilling performance and serviceability. Built for durability in high-torque and corrosive conditions, the motor has been field-tested across a range of well types.
News
September 11, 2025
Pelican, Greenland Exploration, and March GL have merged to form Greenland Energy, advancing oil and gas drilling in Greenland’s Jameson Land Basin, a region long considered one of the most promising undrilled hydrocarbon basins in the Arctic.
News
September 10, 2025
MOL and O&GD have discovered a new oil field at a depth of approximately 2,400 m near Galgahévíz, Hungary. The well, named Galgahévíz-4, is capable of producing approximately 1,000 bopd, which is processed at the Danube Refinery in Százhalombatta.
News
August 28, 2025
Borr Drilling has announced contract awards for two of its premium jack-up rigs to operate in the North Sea as well as offshore Congo, West Africa. The contracted work will span over 300 days and represent more than $43 million in contract revenue backlog, Borr Drilling said.
News
August 25, 2025
Seadrill Limited today announced Sonadrill Holding Ltd, its 50:50 joint venture with an affiliate of Sonangol E.P., has been awarded two contracts. The West Gemini secured a contract with Sonangol Exploração & Produção, S.A. for work in Angola.
Article
August 2025
As the industry evolves to support oilfield companies’ sustainability goals, current dual-fuel solutions will enable drillers to navigate the industry’s shifting dynamics while keeping a competitive edge.
News
August 20, 2025
Nabors has entered into a definitive agreement to sell its Quail Tools, LLC subsidiary to Superior Energy Services, Inc. for $600 million. The transaction reduces Nabors' net debt by more than 25%.
News
August 19, 2025
Supporting workforce logistics for both multinational crew rotations and shore-based and corporate personnel, ATPI will provide comprehensive travel solutions to each operator to ensure safe and efficient transfer of crew to and from drilling sites and offshore rigs.
News
August 05, 2025
Oil-drilling activity in Argentina’s Vaca Muerta shale patch is set to weaken in the near term as companies restrain spending, said the chief executive officer of the region’s biggest crude producer YPF SA.
News
August 04, 2025
ADNOC Drilling Co. is planning to buy a company operating oil and gas rigs in Kuwait and Oman, which would be the second such deal in less than a year as the United Arab Emirates-based firm expands beyond its home market.
News
July 30, 2025
ADNOC Drilling has published its financial results for the second quarter (2Q) and first half (1H) of 2025, announcing record-breaking performance across revenue, EBITDA and net profit while maintaining strong momentum in shareholder returns and delivering regional expansion.
Article
July 2025
Two new drill bit technologies address the region’s formation-specific challenges: A custom blade architecture for intermediate salts and a cutter orientation system that enhances tool face stability and ROP in shale laterals.
Article
July 2025
The drive for greater drilling speeds increases the dysfunctions encountered downhole. If left unmitigated, those vibrations can increase operating costs and downtime. Successfully suppressing downhole vibrations enables companies to surpass previous speed limitations, without damaging downhole equipment.
Article
July 2025
With advanced geomechanics modeling, Halliburton helps operators in the Permian basin drill smarter, safer, and with greater efficiency—to turn subsurface uncertainty into predictable results.
News
July 18, 2025
California Governor Gavin Newsom is proposing a bill to streamline permitting for new oil wells that environmental groups say would wipe out scrutiny of the industry.
News
July 17, 2025
Chevron is cutting drill rigs and frac crews in the Permian basin as it approaches its long-term target of producing 1 million boed in the region. “We’re going from growth to cash generation," said Bruce Niemeyer, who heads up Chevron's shale business.
News
July 14, 2025
Falcon Oil & Gas Ltd. has completed successful flow-rate tests and commenced its 2025 drilling campaign in Australia’s Beetaloo sub-basin. The flow rate results are comparable to top shale wells in the U.S., and the drilling campaign will be the largest in the Beetaloo to-date, said Falcon's CEO.
News
July 10, 2025
Horizon Petroleum Ltd. announced substantial progress has been made towards first production from its cornerstone Lachowice gas development in the Bielsko-Biala concession, southern Poland.
News
July 08, 2025
U.S. crude output is now expected to grow by 160,000 bpd this year to 13.37 million bpd and remain flat in 2026, according to the Energy Information Administration’s Short-Term Energy Outlook released Tuesday.
News
July 02, 2025
Germany has given the green light for drilling as much as 13 billion cubic meters (Bbcm) of natural gas at a protected marine site in the North Sea in a controversial step to bolster energy security following the Russia-Ukraine war and subsequent energy crisis.
