Drilling
News
October 12, 2021
The GoRigless ESP System is a proprietary through-tubing deployment and slickline-retrieval technology for AccessESP high-performance permanent magnet motors and industry-standard ESP pumps.
News
October 11, 2021
Apache Corporation has ended routine flaring in its U.S. onshore operations, achieving one of its 2021 ESG goals three months ahead of schedule.
News
October 11, 2021
Oil prices around $80 a barrel are once again spurring a revival of shale drilling in America’s biggest oil field, where production is expected to return to pre-pandemic highs within weeks.
News
October 07, 2021
Oil explorers need to raise drilling budgets by 54% to more than half a trillion dollars to forestall a significant supply deficit in the next few years, according to Moody’s Investors Service Inc.
News
October 06, 2021
U.S. shale oil production will expand at a “modest rate” over the next 18 months even as prices touch multiyear highs, leaving OPEC in a powerful position as the world cries out for more barrels.
News
September 30, 2021
Schlumberger and AVEVA announced an agreement to integrate edge, AI and cloud digital solutions to help operators optimize oil and gas production.
News
September 29, 2021
America’s oil producers are boosting output at a slower place as record costs hammer the shale patch, according to a survey of industry executives.
Article
September 2021
Although global oil and gas demand has recovered much of the ground lost last year, there are plenty of question marks left in the market for operators to navigate, including ESG and renewables challenges.
News
September 24, 2021
Interior Secretary Deb Haaland suggested a sharply limited role for fossil fuel extraction on U.S. federal lands and waters in her most expansive comments yet on the administration’s overhaul of oil and gas leasing.
News
September 21, 2021
Aquaterra Energy has signed a partnership with renewable hydrogen producer and supplier Lhyfe and offshore drilling contractor Borr Drilling to develop an innovative concept for offshore green hydrogen production in the North Sea.
News
September 20, 2021
ConocoPhillips agreed to acquire Royal Dutch Shell Plc’s Permian Basin assets for $9.5 billion in cash, accelerating the consolidation of the largest U.S. oil patch.
News
September 20, 2021
The collaboration agreement creates a new offering for customers by combining LYTT’s fiber optic data analytics and cloud-based software with Baker Hughes’ completions and well intervention hardware and service expertise.
News
September 16, 2021
The Energy Workforce & Technology Council elected new officers and industry leaders during its Annual Meeting, held in Santa Ana Pueblo, NM.
News
September 13, 2021
“This bill is fundamentally at odds with the president’s commitment to repeal fossil fuel subsidies,” said Erich Pica, president of Friends of the Earth. “This is a failure of climate leadership that will not soon be forgotten.”
News
September 13, 2021
Abu Dhabi National Oil Co. is seeking to raise about $750 million from its drilling unit’s IPO, in what would rank among one of the largest share sales in the United Arab Emirates.
News
September 08, 2021
The decline in DUCs in most major U.S. onshore oil-producing regions, especially in the Permian region, reflects more well completions and, at the same time, less new well drilling activity.
News
September 08, 2021
ADNOC Drilling will acquire eight FlexRig land rigs from H&P for $86.5 million, after which H&P will make a $100 million cornerstone investment into ADNOC Drilling’s recently announced initial public offering.
News
September 03, 2021
According to figures released September 3rd by the Railroad Commission of Texas, the state’s drilling permits issued fell to their lowest level since May, while new drills hit their highest total since March.
News
September 02, 2021
While a recovery is anticipated year-on-year through 2025, it is expected to be gradual and characterized by operator caution as they navigate several important considerations - pace of global demand recovery, the energy transition, and geopolitics.
Article
August 2021
Engineering experts are examining existing well integrity operations and pushing boundaries to discover and develop new ways of working. One company is transforming well operations by focusing on inventing innovative and environmentally aware downhole tool solutions.
