Drilling

Article
September 2022
The loss of Russian crude supplies and the lingering effects of Covid-19 have driven oil prices to multi-year highs. U.S. operators have shown restraint, but according to World Oil’s mid-year forecast, a further activity increase is in the offing.
Article
September 2022
Drilling should pick up steam this year, gaining more than 18%, as nearly all regions will see activity increase. Development should thrive, as the world looks for additional sources of crude oil and natural gas.
Article
September 2022
An integrated approach delivering high wellbore quality across multiple reservoir sections enables an operator to successfully run and set a multi-stage fracing completion or cemented liner. It also ensures that curve and horizontal section objectives are met when drilling across unstable reservoirs.
News
September 13, 2022
Deltastream Energy Corp.’s gamble six years ago on drilling for oil in a heavily forested area of northern Alberta with no pipeline links paid off with a C$1.8 billion ($1.4 billion) return for investors, according to its chief executive officer.
News
August 31, 2022
Abu Dhabi National Oil Company announced the award of five framework agreements totaling $1.83 billion for Directional Drilling and Logging While Drilling.
News
August 25, 2022
U.S. shale producers are on course to make nearly $200 billion this year, enough to make the industry debt-free by 2024 and potentially fund a pivot toward more natural gas production, according to Deloitte LLP.
News
August 25, 2022
Latest analysis from Westwood Global Energy Group reveals a healthy recovery roadmap for the global land rig market, driven by higher commodity pricing and mounting pressures around energy security.
News
August 23, 2022
Recently introduced digitalization and automation technologies are enabling better performance on new build and retrofitted rigs.
News
August 22, 2022
Invictus Energy Ltd. plans to start drilling at its Cabora Bassa oil and gas prospect in northern Zimbabwe by early September.
News
August 18, 2022
Neptune Energy announced drilling has begun on a new production well at its operated Rӧmerberg oil field in the Rhine Valley, southwestern Germany.
News
August 16, 2022
Permex Petroleum Corporation, a junior oil and gas company based in Dallas, was approved for a permit to drill on its property in Martin County, Texas.
News
August 09, 2022
ADNOC Drilling Company announced its financial results for the half year and second quarter ending June 30, which show its net profit for the first half significantly grew by 34% to $379 million.
News
August 09, 2022
Collectively, the bill would “hurt American energy producers and drive up energy costs for the American people,” said Anne Bradbury, chief executive officer of the American Exploration and Production Council.
News
August 05, 2022
Canadian Overseas Petroleum Limited and its affiliates have received a Resource Report prepared by independent energy consultancy Ryder Scott confirming its deep oil discovery on its affiliate COPL America Inc.’s lands in Converse and Natrona counties, Wyoming.
News
August 02, 2022
Academy and Progressive Drilling Solutions (PDS) have entered into a new partnership to make world-class Advanced Work Packaging training and consulting available to capital project professionals in Saudi Arabia and across the Middle East.
News
August 01, 2022
U.S. shale drillers are expected to post record second-quarter profits in coming days, reversing nearly a decade of debt-fueled losses.
News
July 29, 2022
Shale explorers are searching for oil at rates not seen since the early weeks of the pandemic as high crude prices incentivize drilling.
News
July 22, 2022
Schlumberger said annual sales will rise the most in 11 years as concern over inadequate energy supplies outweighs recessionary fears among major oil explorers.
Article
July 2022
After years of operating on beer budgets, service and supply companies have every reason to uncork the champagne these days. However, the Dom Pérignon may have to remain on ice for now, as bright prospects run headlong into near-record inflation, supply chain bottlenecks, repercussions from the Ukrainian war and China’s Covid-induced lockdown.
News
July 20, 2022
The world’s biggest provider of fracing services is banking on a “multi-year upcycle” outside of its North American base, according to a statement.
Article
July 2022
Predicting sand erosion, using computer simulation, and exploring ways in which the reliability of the predictions has been enhanced, leading to safer, more efficient operations.
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