Drilling
News
May 27, 2021
Maersk Drilling has entered into an agreement to divest the combined drilling and production unit Mærsk Inspirer to Havila Sirius for a price of $373 million.
News
May 27, 2021
The Justice Department is defending the Trump administration’s approval of a massive ConocoPhillips Alaska Inc. project in federal court, over the objections of environmentalists who say the government didn’t adequately consider the venture’s effect on polar bears and the climate.
Article
May 2021
The challenge now facing operators in this promising region is to transition from an exploration/appraisal mode to best practices for development and production.
News
May 17, 2021
“These transactions will contribute to the necessary rationalization of the global drilling rig fleet and they are further in line with Maersk Drilling’s strategic priority of maintaining a fleet of modern, high-quality assets," said CEO Jørn Madsen of Maersk Drilling.
News
May 16, 2021
Iran’s Petropars Ltd. will be awarded a $1.78 billion contract by the National Iranian Oil Co. to develop the giant Farzad-B gas field that was previously intended to be tapped by a group of Indian companies.
News
May 13, 2021
In reporting its first-quarter 2021 results, Neptune Energy said that its production growth momentum in Western European operations is on track for 2021.
News
May 10, 2021
Schlumberger and NOV announced a collaboration to accelerate automated drilling solutions adoption by oil and gas operators and drilling contractors. The agreement will enable customers to combine Schlumberger surface and downhole drilling automation solutions with NOV’s rig automation platform to deliver superior well construction performance.
News
May 02, 2021
Arabian Drilling Co., a Saudi oilfield-services company partly held by Schlumberger NV, is preparing an initial public offering that could give it a valuation of around $2 billion, according to people familiar with the matter.
News
April 28, 2021
CGG announced the delivery of the fast-track data from its Agata Reimaging program over the Agata block in the Santos Basin, a highly prolific area of Brazil’s offshore pre-salt.
News
April 27, 2021
Seadrill Limited secured a four-year firm contract with four one-year options, for the West Saturn drillship with Equinor Brazil Energia Ltda for work on the Bacalhau field in Brazil.
News
April 26, 2021
EnQuest PLC, an oil and gas production and development company, announced it signed an agreement with Whalsay Energy Holdings Limited to purchase Whalsay’s 100% equity interest in the P1078 license containing the proven Bentley heavy-oil discovery.
News
April 22, 2021
Maersk Drilling has been awarded a one-well contract by CGX Resources Inc., operator and joint venture partner with Frontera Energy Guyana Corp, for the semi-submersible rig Maersk Discoverer to perform exploration drilling in the Corentyne Block offshore Guyana.
News
April 22, 2021
Further improving upon the successful ION platform, ION+ cutters comprise a wide range of application-specific cutter grades that incorporate refined diamond feeds, higher manufacturing pressures, and new, nonplanar interfaces.
News
TGS to reprocess 9,024 km2 cross-border survey for offshore Timor-Leste and Australia license rounds
April 10, 2021
TGS anticipates significant uplift in quality beyond the original PSTM data which was acquired in 2012. Utilization of modern imaging techniques, including full waveform inversion, will enable a significantly enhanced evaluation of the prospectivity of the area.
News
April 01, 2021
Optimism has also been buoyed by expectations that global crude supplies won’t grow fast enough to satisfy demand as Covid-19 vaccinations proliferate and economies that shut down for the better part of a year begin reopening.
Webcast
The Future of Drilling is Here: Rethinking Drilling Innovation
April 13, 2021
Corva
Faster, cheaper, safer, better. Whether drilling onshore or offshore, these four words represent the challenges and currency of success for any drilling operation. As the industry continues to see new records for faster ROP and reduced NPT, an exciting challenge of consistency within drilling performance and digitalization of the drilling value chain remain.
Our industry experts will explain how our clients across continents and basins, sizes (small and large) have benefited from increased speeds of well delivery, consistency in high drilling performance and simplified well design automation. These key outcome metrics were achieved without adding organizational and technical implementation complexities, which are important pillars for seamless adoption across multi-faceted disciplines within organizations.
News
March 24, 2021
Preliminary estimates place the size of the discovery in the Fram prospects between 12 and 19 million standard cubic meters of recoverable oil equivalent, corresponding to 75-120 million barrels of recoverable oil equivalent.
Article
March 2021
A wired drill pipe system enables real-time data transmission and sends constant information to decision-makers during drilling and tripping. North Sea case studies demonstrate how combining multiple downhole tool technologies has improved drilling efficiency and prevented various issues.
News
March 23, 2021
The Enhanced Kick Detection system eliminates the external effects of rig and slip-joint motion, to give a highly accurate return volume flow measurement enabling rapid detection of flow anomalies, resulting in reduced time spent on flow-checking.
News
March 22, 2021
Baker Hughes has reached a significant technology milestone in pioneering a solution to overcome flexible pipe stress corrosion cracking (SCC) tendencies in high CO2 content fields, such as those found in Brazil’s pre-salt offshore developments.
