Drilling
News
June 23, 2025
Under the agreement, Cactus will build on its current use of SLB’s Precise™ automated drilling control systems by integrating DrillSync™, SLB’s automated controls platform and software suite. These technologies will work together to improve drilling efficiency
News
June 17, 2025
Workrise has announced an exclusive licensing agreement to bring Shell’s U-lateral drilling technology to operators across the U.S. The U-lateral technique allows operators to reduce drilling costs and save time while increasing production capacity.
News
June 16, 2025
ADNOC Drilling has appointed Abdulla Ateya Al Messabi as its new Chief Executive Officer (CEO). Abdulrahman Abdulla Al Seiari, the company’s current CEO, will retire at the end of the year following more than 45 years of dedicated service to ADNOC and ADNOC Drilling.
News
June 02, 2025
Baker Hughes and Cactus, a global manufacturer of pressure control equipment for oil and gas drilling, have entered a new joint venture involving Baker Hughes' surface pressure control (SPC) product line. Cactus will own 65% of the JV, while Baker Hughes will retain a 35% stake.
News
June 02, 2025
The Trump administration is moving to repeal Biden-era curbs blocking oil drilling across most of the mammoth petroleum reserve in Alaska that’s home to an estimated 8.7 billion barrels of recoverable oil.
News
May 30, 2025
Specialist drilling waste management company, TWMA*, has published its results for Q1 2025, including revenue of $16.4 million. The results follow a period of progress on key group strategic initiatives, positioning TWMA for future expansion.
Article
May 2025
When an operator experienced loss of well control at a depth of more than 21,000 ft, HPHT challenges came into play. An active magnetic ranging system helped the operator navigate these challenges, ultimately allowing the drilling of the deepest relief well in history.
News
May 26, 2025
A boom in sales of drilling rights in western Canada’s oil heartland of Alberta is fading as U.S. President Donald Trump’s trade war and OPEC+ production increases hammer crude prices.
News
May 23, 2025
U.S. President Donald Trump criticized the UK’s approach to taxing North Sea oil and gas, saying it discouraged drilling and raised energy prices.
News
May 21, 2025
Neosmart employs high-frequency sensors that operate at an industry-first 1,000 Hz to deliver data-driven insights that empower drillers to adjust drilling parameters, bit design and BHA configuration to optimize each subsequent run.
News
May 21, 2025
Subsea7 will be responsible for transporting and installing flexible pipelines, umbilicals, and associated subsea components for the connection of a floating production, storage and offloading (FPSO) vessel as well as the pre-laying activities for an upcoming drilling campaign.
News
May 20, 2025
SLB has launched Retina™ at-bit imaging, a first-of-its-kind solution which enables identification of formation characteristics. Retina addresses the limitations of traditional imagers, which are often restricted by operational factors like drilling fluid type and wellbore damage, SLB stated.
News
May 13, 2025
Brazil’s state-controlled oil producer Petrobras approved dividends slightly below expectations amid a trade war that has created economic uncertainty and undermined oil prices.
News
May 13, 2025
Ghana is encouraging investors to increase oil output in order to stay ahead of a global decarbonization push. The government is ready to roll out the “red carpet” to any investor prepared to drill and pump crude, President John Mahama said at a forum on Tuesday.
News
May 12, 2025
TWMA has secured a contract with bp to provide drilling waste management services in the UK North Sea. The scope of work will utilize TWMA’s RotoMill technology for the safe and efficient processing of drilling waste directly at the wellsite.
News
May 09, 2025
The drilling unit of the United Arab Emirates’ biggest oil company expects to make three acquisitions in the second half of this year totaling about $500 million, as it expands in technology and hardware to bolster growth.
News
May 08, 2025
ADNOC Drilling has announced strong financial results for the first quarter of 2025, building on its growth trajectory with a focus on strategic investments in fleet expansion, integrated services, AI and global expansion.
Article
April 2025
As we go into the last week of April, and this issue goes out the door, the upstream industry has nearly four months (one-third) of 2025 in the books already. So, what do we have to show for drilling activity in the first third of the year? Well, nothing spectacular.
News
April 28, 2025
Russia’s oil producers have been drilling wells at a pace not seen in at least five years as the nation readies for both a loosening of OPEC+ output limits and the possibility of relief from some international sanctions over its invasion of Ukraine.
News
April 28, 2025
Drillers in Canada’s Alberta energy region are shifting their focus to natural gas as the global trade war and OPEC+ output increase hammers crude prices. The number of licenses for new gas wells issued in Q1 rose 26%, according to Alberta Energy Regulator data.
