Drilling
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The Railroad Commission of Texas has filed comments on draft guidance issued by the U.S. Department of the Interior for utilizing formula grants to plug orphaned oil and gas wells.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.
News
February 06, 2023
Rao’s proposed pilot project recently received a grant from LSU’s LIFT2 program, which moves innovative concepts closer to commercialization. His LIFT2 project would initially convert orphan wells to carbon-neutral production wells through GAGD-process adaptation.
News
February 06, 2023
The transaction will incorporate Gyrodata’s wellbore placement and surveying technologies within SLB’s Well Construction business, bringing customers innovative drilling solutions.
News
February 02, 2023
U.S. shale companies are set to post yet another strong set of earnings, off the back of robust oil and gas prices in the fourth quarter. But the biggest question for analysts and investors remains whether the industry’s bumper cash flow will tempt them to drill more.
News
February 02, 2023
The Biden administration telegraphed it could support a scaled-back drilling plan at ConocoPhillips’s proposed Willow project in northwest Alaska, even as it cited “substantial concerns” with the oil development and warned of further restrictions to limit its impact on wildlife and the climate.
News
January 27, 2023
Rice University’s Mark Finley, Transocean’s Jeremy Thigpen, U.S. Congressman Wesley Hunt and World Oil’s Kurt Abraham took the stage to share one common theme: oil and gas isn’t going anywhere.
News
January 25, 2023
Uganda’s ministry of energy and mines representative said that drilling commencement at the Kingfisher field is a “significant stride” in the country’s efforts to produce commercial oil.
News
January 24, 2023
This is an important step for Germany's energy sector, as the Adorf field provides enough gas to heat “more than 100,000 households,” according to Neptune Energy’s Managing Director Andreas Scheck.
News
January 20, 2023
The delay is costing Petrobras a fortune of about $1 million a day for the rig, three helicopters, support boats and workers, according to calculations by consultancy Wood Mackenzie Ltd.
News
January 20, 2023
The award covers two wells campaigns with an estimated duration of 200 days on a dry-hole case and up to 460 days on a success case.
