Drilling

To date, all surveying activity has been completed, with demining activities complete on the Damara Fold Belt Prospect L, which is expected to be the company’s first drilling location with an expected spud date in June 2024.

All but one of the firm’s operational rigs are currently deployed in Abu Dhabi, with most serving its parent company. However, by the end of 2024, the company will have enough rigs to deploy outside of the United Arab Emirates too, Salem said. It will spend $750-950 million to acquire 15 rigs this year.

KCF Technologies, a provider of predictive maintenance and machine health solutions, announced an integration with Nabors Industries, pioneer of the RigCLOUD digital drilling platform, enabling customers to bring data from their wireless machine sensors into the open cloud system.

Caterpillar Oil & Gas announced the launch of the Cat Hybrid Energy Storage Solution to help drillers and operators cut fuel consumption, lower total cost of ownership (TCO) and reduce environmental impact in today’s oil and gas operations.

These rigs will be sourced from H&P’s idle super-spec FlexRigs in the U.S. and, during fiscal 2024, the company plans to convert the rigs to walking configurations and further equip them to suit Saudi Aramco’s unconventional gas drilling rig specifications.

The acquisition of Coretrax will enable Expro to expand its portfolio of cost-effective, technology-enabled well construction and well intervention & integrity solutions, particularly across the North and Latin America, Europe and Sub-Saharan Africa and Middle East and North Africa regions.

Production in California has been falling for years even as other U.S. basins are still enjoying growth. The transaction will add large, producing assets to the driller’s portfolio, with executives eyeing opportunities to eventually increase oil recovery at the combined company.

Now in its 98th year, the World Oil Forecast is one of the upstream oil and gas industry's most trusted sources of projections and data relating to global E&P activity. Utilizing data collected from proprietary surveys of governments and operators in the U.S. and worldwide, this definitive industry report includes projections for spending and activity, worldwide drilling and production, and an analysis of political factors impacting the U.S. and international oil and gas industry. Now, more than ever this information will help market leaders make decisions relating to their businesses.

The company has already integrated the new assets and software, which include wireline pump units, drilling units and tractor modules into its existing technology portfolio.

KCA Deutag’s global footprint, customer relationships and extensive drilling, engineering and technology experience combined with Pruitt's expertise in MPD equipment design, manufacturing, and well engineering will see the companies combine their expertise to offer additional drilling and well delivery solutions to customers across the globe.

The agreement will enable customers to seamlessly integrate the companies’ drilling automation applications and rig operating systems to deliver improved well construction performance and efficiency.

Drilling Activity generates a significant amount of data. This data is typically captured across a variety of sources such as time and depth series data from geological surveys and drilling operations, unstructured data from End of Well reports, and structured data from internal IT systems. To date, synthesizing this data into a usable format and generating actionable insights has been a challenge. In this talk, we present results from a fielded Gen AI solution that synthesizes data from our historic drilling wells in Romania and provides a natural language interface for drilling experts to interact with. Additionally, it provides recommendations for optimizing well design and performance parameters based on past results. Our goal is to reduce project costs by streamlining information discovery and improve decision accuracy by leveraging data-backed insights.

Geological evaluation of subsurface is an essential component of formation evaluation that connects well-centric data to reservoir scale. Recent technology breakthroughs in logging-while-drilling (LWD) borehole imaging and advanced surface logging have attracted substantial attention of the energy industry, more so for possible applications in sustainable energy initiatives. Digital innovations have led to development of smart and efficient solutions that can be made available in real-time for strategic decisions as the well gets drilled. Geology while drilling is taking the center stage from picking mineralogy on cuttings to inferring depositional architecture and structural framework with image logs with deep learning workflows and artificial intelligence embedded in the tools. Geothermal, hydrogen exploration and carbon sequestration all can benefit with these digital innovations in geology while drilling.

Discover how Nabors Industries and Corva are transforming the drilling industry with data and automation in this exclusive webinar. Nabors Industries is a global leader in drilling and rig services, and Corva is a pioneer in real-time drilling analytics. Together, they have developed cutting-edge solutions to optimize drilling performance, enhance safety, and reduce environmental impact. In this webinar, you will learn about the current trends, challenges and opportunities in the global oil market, and how Corva and Nabors can help you achieve your drilling goals with data, cloud computing, and artificial intelligence.

A company has developed a novel sensor technology to overcome direct measurement of load using strain gauges that allows for accurate measurement of strains in a wide measuring range, as part of a subsea wellhead integrity monitoring system.

Wild Well Control says operators should consider environmental concerns during well planning, including location, access points, proximity to water, and other issues that can make a difference between an expedited, efficient and safe blowout scenario and one that is complicated, costly and dangerous.

Mitigating or controlling the outcome of significant unknowns is most effective when done from the very beginning to ensure that coiled tubing is the right technology for the application. The feasibility study is, therefore, arguably the most important stage in project planning.

The search for new energy sources has focused renewed attention on reducing costs and improving drilling efficiency. One company is conducting scientific research to launch innovative technologies to address the challenge.

Comprehensive new logging services focus on enhancing subsurface insight, optimizing drilling performance and ensuring consistent well delivery, to help operators minimize cost and risk while maximizing asset value.