Drilling
Article
March 2023
As ML applications become easier to access and use, they are setting the stage for rapid scaling across the E&P industry to assist the human decision-making process. A new ML-based drilling system recommender illustrates how this scaling is improving drilling performance and reducing energy extraction costs.
News
March 22, 2023
The A2H well was drilled to a total depth (TD) of 3,883 meters, including a 1,275-meter horizontal section within the Amungee Member B Shale in the Beetaloo Sub-Basin, Northern Territory, Australia.
News
March 22, 2023
Crude would need to rise by about 15% to $80 a bbl, and gas would have to climb by more than a third to $3 per MMbtu for drilling and frack work to maintain its current pace, Quantum Energy Partners Chief Executive Officer Wil VanLoh said in an interview.
News
March 20, 2023
The Mountain Capital-backed company is having discussions with some larger peers about a potential deal, said the people, who asked not to be identified because the talks are private.
News
March 17, 2023
Shale drillers have made a strategic shift in recent years from reckless spending and unchecked output growth to strict capital discipline. The new business model could help shield the industry from the fallout of a credit crunch.
News
March 17, 2023
Biweekly, a new well will be added to the test until all new wells are connected to the testing system. Each well will be completed with PCP pumps before being placed on the test.
News
March 13, 2023
Zion Oil and Gas is steadily moving forward with operational plans in anticipation of the new license being granted very soon. The company’s most recent updates have alluded to its intentions of re-entering the MJ-1 well.
News
March 13, 2023
Biden is expanding an Obama-era ban on new oil and gas leasing in U.S. Arctic waters and will write new rules barring the sale of new oil drilling rights across much of the National Petroleum Reserve-Alaska, where ConocoPhillips’s 600 million-barrel Willow venture is planned, the Interior Department said.
News
March 13, 2023
After weeks of deliberations, senior advisers have signed off on the move, which represents one of the most momentous climate decisions yet for President Joe Biden. The approval is set to be released next week by the Interior Department, said the people, who asked not to be named because an announcement has not been made.
News
March 08, 2023
The State 36-2 well intersected a major natural fracture network in the Cane Creek reservoir, which led to a significant influx of hydrocarbons into the wellbore.
News
March 06, 2023
The lawmakers, including freshman Democratic Representative Mary Peltola, said they made their case for authorizing the plan to allow drilling from three locations at the Willow project during an Oval Office meeting on Thursday that lasted more than an hour.
News
March 01, 2023
Petroperu has said it could produce 12,000 bpd at Lot 192, compared with Peru’s national output of about 40,000 bpd.
Article
February 2023
Price volatility, pipeline scarcity help corral production
Article
February 2023
A reliable, cost-effective wellhead design creates value when constructing and equipping slimhole, monobore gas wells.
News
February 28, 2023
The well was drilled into the Middle Eocene reservoir, targeting lineations interpreted on the 3D seismic survey to represent productive sweet spots with high density of oil-bearing natural fractures.
News
February 21, 2023
The simulation allows tutors to take concepts discussed in the classroom and demonstrate a working knowledge as they would in a real-life environment, allowing students to experience in real-time the hazards they may encounter when dealing with onshore and offshore wells.
News
February 15, 2023
This agreement extends Vital Energy’s oil-weighted inventory life by adding roughly 30 operated horizontal location in the Woldcamp B. This includes four drilled, yet un completed locations.
News
February 09, 2023
The company recently received notices that over eight new wells have been brought online. The main areas experiencing growth are on the company’s Permian Basin and Haynesville shale properties.
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
January 27, 2023
According to JSG, the company will drill at least one well every six months until the area is fully developed. JSG will drill its first horizontal completion in the Granite Wash formation in February 2023.
Article
January 2023
Approximately 40% of NPT is caused by unplanned issues related to wellbore pressure. Operators can solve many of these problems by applying an MPD-optimized rotary steerable BHA to lower costs and increase safety.
