Drilling
News
January 07, 2025
Laredo Oil, Inc., an oil E&P company with over 30,000 net acres of mineral rights in the West Fork field in Montana, today announced that it has initiated preparations to drill the first of three planned exploratory wells in the field.
Article
December 2024
OEE, a specialized insurance policy covering well control incident costs, is becoming a key preventative tool in the oil and gas industry. It not only provides financial protection but also incentivizes proactive well control practices, leading to enhanced safety, reduced risk, and improved business continuity.Â
Article
December 2024
Geothermal well blowouts pose a significant financial and reputational risk to developers and could undo recent gains by the resurgent and expanding global geothermal industry. Advance well control planning and preparations, focused on distinct geothermal requirements and environments, will prevent or mitigate their impact.Â
News
December 17, 2024
ADNOC Drilling has announced the closing of the Turnwell Industries joint venture between ADNOC Drilling, SLB and Patterson-UTI.
News
December 10, 2024
Borr Drilling Limited has announced its securement of a new contract commitment for its premium jackup rig "Norve" with a repeat customer in West Africa. This work is in direct continuation of the Marathon Oil contract and is estimated to commence in Q3 2025.
Article
November 2024
There are multiple possible futures that lay ahead for the Marcellus and Utica shales–which ones will come to pass? The Marcellus and Utica shale formations are seen today, by both industry and government, as tremendous opportunities for companies and state governments: domestically produced energy; and jobs in the natural gas industry and associated businesses. Â
Article
November 2024
How intelligent rig controls hold the key to peak drilling performance with a lower carbon footprint. Â
News
December 03, 2024
Halliburton has launched its Intelli suite of diagnostic well intervention wireline logging services, designed to facilitate customer collaboration, improve well insights to enable increased production, help extend asset life and reduce total cost of operations.
News
December 02, 2024
CNOOC Limited and 80883 announced that Huizhou 26-6 Oilfield Development Project has commenced production. A total of 19 development wells are planned to be commissioned, including 2 oil production wells and 17 gas production wells.
Article
November 2024
Casing patch systems offer significant downtime reductions to operators in the face of unique well integrity problems, such as casing leaks or corrosion.Â
Article
November 2024
A combination of a turbo-expander and a liquid jet ejector can be used to extract energy from multiphase streams during production. Â
Article
November 2024
Continuing with the story from prior columns, we’re looking at U.S. drilling activity to see how drilling performance has changed over the last few years and what it might say about how we can advance drilling even further.  Â
Article
November 2024
Advanced functionalities and high-resolution data unlock exponential increases in efficiency and optimization through total-view well intelligence, real-time diagnostics, remote monitoring and full-range automated control—all incorporated within a plug-and-play platform scaled to the economic profile of a marginal plunger lift well.Â
News
November 16, 2024
Rival Downhole Tools has announced its continued international expansion with the establishment of new legal entities, personnel, and facilities in Canada and Mexico, as well as strategic partnerships in Saudi Arabia, the UAE and Europe.
News
November 15, 2024
NOV’s Tuboscope division has recently unveiled a new advancement in tubular internal coating technology, aimed at significantly reducing thermal conductivity and enhancing operational efficiency and longevity of drilling tool life in challenging environments.
News
November 13, 2024
(Bloomberg) -- Texas oil and natural gas producer Coterra Energy Inc. has reached agreements with two closely-held companies to buy assets in the Permian Basin for $3.95 billion. The deals expand Coterra’s reach on the fast-growing New Mexico side of the top U.S. shale basin. The sale is expected to close in Q1 2025.
News
November 12, 2024
Nostra Terra, an international oil and gas exploration and production company focused on its Pine Mills producing asset in Texas, U.S., has provided a production and operations update.
News
November 06, 2024
Weatherford has announced two contracts in the Middle East, with Kuwait Oil Company (KOC) and a National Oil Company (NOC) in Qatar. The contracts will implement Weatherford's drilling technologies for enhanced safety, speed, and cost-efficiency in well delivery.
News
November 05, 2024
(Bloomberg) – Chevron Corp. has expanded its exploration acreage in African oil producers including Nigeria and Angola, where it sees the potential for a production revival despite years of decline.Â
News
November 04, 2024
ADNOC Drilling Company and Alpha Dhabi Holding announced today that their joint venture Enersol has agreed to acquire a 95% equity stake in Deep Well Services (DWS), for approximately $223 million including performance-based payments.
News
October 31, 2024
Enovate AI has announced a strategic partnership with SGS to revolutionize drilling efficiency in the oil and gas industry through the application of AI-driven Bottom Hole Assembly (BHA) optimization, specifically focusing on roller reamer placement.