Drilling
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.
News
January 29, 2026
Condor Energies Inc. reported progress on its multi-well drilling campaign in Uzbekistan, including a record-length horizontal well with strong gas shows, while announcing the sale of its Turkish gas assets to sharpen its strategic focus in Central Asia.
News
January 27, 2026
India is targeting up to $100 billion in upstream investment by opening new acreage and accelerating drilling, as it seeks to curb oil imports and strengthen long-term energy security.
News
January 23, 2026
SLB closed 2025 with signs of stabilizing upstream activity across global markets. The company is leaning into production optimization, digital growth and offshore developments as it looks toward 2026.
Article
December 2025
Unconventional drilling demands uncompromising rig performance, and new rig designs are delivering value by reducing flat time, increasing efficiency and improving safety
News
January 16, 2026
Low oil prices are forcing a rare pause in Bakken drilling, as Continental Resources founder Harold Hamm says margins have largely disappeared.
Article
December 2025
This article explores how advanced space technology and resilient satellite connectivity can support the development of autonomous oil rigs by addressing connectivity challenges in remote, hazardous environments. Improved remote monitoring, control and autonomous tools have the potential to enhance safety, increase operational efficiency and strengthen resilience across the energy sector.
Article
December 2025
In the Middle East, operators are leveraging underbalanced coiled tubing drilling (UBCTD) to reduce formation damage, improve reservoir connectivity, and deliver higher production with lower completion complexity.
News
January 06, 2026
Halliburton has launched the Hypersteer MX matrix-body directional drill bit, addressing erosion and abrasion challenges in high-flow shale wells to enable longer runs and reduced well construction time.
