Drilling

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.
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.
News
January 07, 2022
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.
News
January 06, 2022
A rally in oil prices lifted U.S. energy stocks to the highest since the pandemic emerged more than two years ago.
News
January 05, 2022
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.
News
January 05, 2022
ExxonMobil announced two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana.
News
January 04, 2022
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.
Article
December 2021
A company has developed a novel sensor technology to overcome direct measurement of load using strain gauges that allows for accurate measurement of strains in a wide measuring range, as part of a subsea wellhead integrity monitoring system.
Article
December 2021
Wild Well Control says operators should consider environmental concerns during well planning, including location, access points, proximity to water, and other issues that can make a difference between an expedited, efficient and safe blowout scenario and one that is complicated, costly and dangerous.
Article
December 2021
Mitigating or controlling the outcome of significant unknowns is most effective when done from the very beginning to ensure that coiled tubing is the right technology for the application. The feasibility study is, therefore, arguably the most important stage in project planning.
Article
December 2021
The search for new energy sources has focused renewed attention on reducing costs and improving drilling efficiency. One company is conducting scientific research to launch innovative technologies to address the challenge.
Article
December 2021
Comprehensive new logging services focus on enhancing subsurface insight, optimizing drilling performance and ensuring consistent well delivery, to help operators minimize cost and risk while maximizing asset value.
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