Drilling
Article
March
To deal with challenging formations while boosting efficiencies and keeping costs down, equipment manufacturers have introduced a host of new bits and technologies. The innovations even extend into geothermal drilling. This round-up of bit innovations examines the individual products and their features.
Article
March
A quantified, field-proven framework for lower-carbon, safer, and more predictable well construction.
Article
March
Superhot rock geothermal is one of the most promising frontiers in the global energy transition, with the potential to produce significantly more power per well and allow geothermal energy to scale to new heights, Today, the 200°C temperature barrier in directional drilling has finally been broken, an engineering challenge that the industry has pursued for more than 25 years.
News
March 19, 2026
Automation powered by machine learning was a recurring theme on day one of IADC/SPE International Drilling Conference and Exhibition 2026, hosted this year in Galveston, Texas. As operators across the drilling value chain seek greater efficiency, A.I. and its many applications in automation offer a path to a new era of energy efficiency.
News
March 19, 2026
Oil companies including ExxonMobil and ConocoPhillips bid $163 million in a record lease sale in Alaska’s National Petroleum Reserve, signaling renewed upstream interest following policy changes and expanded access to federal acreage.
News
March 17, 2026
IOG Resources III has launched a $125-million joint development partnership to fund an 18-well Niobrara drilling program in Wyoming’s Powder River basin, marking the platform’s first investment and expanding activity in a key U.S. shale play.
News
March 10, 2026
Sunda Energy has secured an environmental license to drill the Chuditch-2 appraisal well offshore Timor-Leste, marking a key regulatory milestone for advancing gas exploration activities within the TL-SO-19-16 production sharing contract.
News
March 02, 2026
Petro-Victory has started drilling the SJ-12 well at the São João field in Brazil’s Barreirinhas basin, targeting 50.1 Bcf of non-associated gas resources.
News
February 26, 2026
Greenland Energy has secured Arctic logistics support from Desgagnés for its planned 2026 drilling campaign in the Jameson Land basin, marking a key milestone in advancing onshore oil exploration in Greenland.
News
February 25, 2026
Halliburton has launched the RangeStar geothermal well spacing and intercept service, a magnetic ranging solution designed to improve well placement accuracy, reduce decision time and support automation in complex geothermal drilling environments.
News
February 25, 2026
Hephae Energy Technology has appointed industry veteran Andy Bruce as president to support commercial deployment of its ultra-high-temperature geothermal drilling and robotics technology, designed to enable next-generation superhot rock geothermal development worldwide.
News
February 25, 2026
Velesto Energy has secured a $16.5-million drilling contract from Jadestone Energy to deploy the NAGA 8 jackup for infill drilling at the East Belumut field offshore Malaysia, supporting Southeast Asia upstream activity and regional rig utilization.
Article
February
U.S. drilling enters 2026 with fewer rigs but resilient production, as operators prioritize capital discipline, consolidation and LNG-driven gas demand. Regional trends across shale and offshore basins point to steady output, measured investment and a continued shift toward efficiency over expansion.
Article
February
Saudi Aramco’s suspension of dozens of jackups continues to reshape the Middle East offshore drilling landscape. This analysis examines how redeployments, cold stacking and shifting investment plans are tightening utilization, pressuring dayrates and redefining global jackup fleet strategy heading into 2026.
News
February 18, 2026
Russia’s oil drilling activity fell to a three-year low in 2025 as sanctions, weaker prices and a strong ruble pressured revenues, raising concerns about the country’s ability to sustain crude production and meet future OPEC+ supply targets.
News
February 09, 2026
Perenco has installed the $200-million Kombi 2 platform on Congo’s Kombi-Likalala-Libondo II field, supporting a six-well drilling campaign beginning in 2026 aimed at boosting production and extending field life.
News
February 06, 2026
Brazil’s ANP has authorized Petrobras to resume drilling in the Foz do Amazonas offshore frontier following a temporary suspension, reopening one of Brazil’s most closely watched exploration campaigns.
News
February 05, 2026
ConocoPhillips says recovering billions from past Venezuela expropriations will take priority over new drilling, highlighting ongoing financial and political hurdles facing foreign investment in the country’s oil sector.
News
February 02, 2026
World Oil marked a milestone in its annual Forecast Breakfast series on Friday, celebrating 100 years of forecasting and its 58th Forecast Breakfast event, with industry leaders offering a clear-eyed view of global energy demand, U.S. shale productivity, regulatory challenges and the year ahead for drilling activity.
Article
January
U.S. natural gas demand is on track to surge by roughly 30 Bcfd by 2030, driven largely by LNG exports—but can drilling keep up? In this month’s Drilling Advances column, Ford Brett breaks down what isn’t holding the industry back anymore—and the bottlenecks that could determine whether drillers can deliver the next wave of gas supply.
