Drilling
News
July 21, 2024
Major oil field service companies are pivoting to more work in international and offshore fields amid a slowdown in U.S. shale activity brought on by industry consolidation, low natural gas prices and pressure to keep spending muted and return profits to shareholders.
News
May 27, 2024
The software is a fully adaptive, self-learning, and continuously improving system that addresses the unique challenges and requirements of drilling. The AI agent finds the most efficient and safe way to TD, predicts incidents, hazards, and optimizes parameters.
News
May 24, 2024
Colombia is targeting oil productiton of 1 MMbpd by pressuring drillers to step up activity in underused exploration blocs, according to the nation’s top energy official.
Article
March 2024
The digital transformation continues to impact various drilling and production functions in many positive ways, and thus its usage and spending for it will expand further, says a veteran upstream executive.
Article
April 2024
Increasing safety and reducing injuries during drilling is gaining momentum. Automation achieves these goals in the red zone by automating risk-prone, manual tasks. Automated installation of control line clamps has increased rig floor safety. Semi- and fully automated systems will become available commercially later this year.
News
May 14, 2024
The company is looking at other drilling companies for potential acquisitions as it seeks to expand regionally in countries such as Kuwait and Oman, ADNOC's CFO said in an interview.
News
May 13, 2024
Patterson-UTI expects to hold a minority equity interest in Turnwell Industries LLC OPC, a company recently formed by ADNOC Drilling. Patterson-UTI expects that Schlumberger Middle East SA, a subsidiary of SLB, will also hold a minority equity interest in Turnwell.
News
May 13, 2024
Spearheading unconventional energy drilling development within the Middle East region and securing the UAE’s unconventional energy needs and resources, ADNOC Drilling will leverage innovations in AI smart drilling design, completions engineering, and production solutions.
News
May 09, 2024
SentinelCem Pro cement, built upon its predecessor, simplifies mixing operations as it eliminates the need for pre-hydration of the slurry design and access to high-purity water sources. This feature facilitates more efficient rig operations with the option to direct mix the system on-the-fly or in a batch mixer.
News
May 08, 2024
Threlix is a patented technology designed to help oil and gas operators reduce drilling rig downtime by alleviating downhole drilling dysfunctions associated with vibration, torsional oscillations and lack of consistent bit engagement.
News
May 02, 2024
The company, serving as operator with a 75% stake alongside ONHYM at 25%, has initiated drilling at the Gaufrette prospect with the spudding of the RZK-1 well.
News
May 02, 2024
TAQA’s Threlix is designed to assist operators in mitigating drilling dysfunctions across multiple axis in Rotary Steerable Systems applications, improving drilling efficiency and cost reduction.
News
May 01, 2024
The SABER Tool, based on a concept originally designed by Shell, deploys a unique internally directed fluid pressure differential system for steering rather than using pads or pistons. B
Article
March 2024
Coiled tubing drilling is an excellent example of how existing technology can help move the oil and gas sector towards net zero.
News
March 27, 2024
Robert Borne brings more than 20 years of experience in the oil and gas sector along with a proven track record of leadership and success. He has built an extensive base of knowledge of the drilling industry through roles spanning engineering, operations, sales, business development and digital transformation.
News
March 14, 2024
Advanced AI is gaining a foothold in the oil field as drillers and producers are relentlessly focused on improving efficiency. While the technology is being tested around the globe, the U.S. is perhaps the most important spot to watch.
News
March 13, 2024
tde powerline is the industry’s first downhole high power, high bandwidth data highway enabling intelligent digital drilling systems - a key enabler for AI driven solutions and drilling automation.
Article
February 2024
A new AI-driven solution provides insights that enable rig personnel to act earlier and more confidently, reducing risks and improving well delivery.
Article
February 2024
As operator spending shifts away from the U.S., six of eight regions will post drilling increases. That being said, some areas—Middle East, Africa and South America—will do better than others, and most gains registered will be modest.
Article
February 2024
Despite escalating tensions in the Middle East, a significant OPEC+ output reduction and the war in Ukraine, crude prices fell in 2023, with WTI down 17.7% to average $77.60/bbl, $16.73/bbl less than the $94.33/bbl average for 2022.
