Drilling
News
February 25, 2024
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.
News
February 22, 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.
News
February 20, 2024
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.
News
February 18, 2024
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.
News
February 14, 2024
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.
News
February 13, 2024
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.
News
February 07, 2024
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.
Webcast
Oil & Gas Forecast 2024
February 15, 2024
Energy Workforce & Technology Council
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.
News
January 18, 2024
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.
News
January 14, 2024
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.
News
January 11, 2024
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.
News
December 20, 2023
Hess Corp. was the high bidder in a U.S. auction for drilling rights in the Gulf of Mexico, which raised a total of $382 million from oil giants before the Biden administration imposes a two-year hiatus for future sales.
News
December 08, 2023
The contract involves deploying the Shelf Drilling Perseverance jack-up rig to Southeast Asia, specifically Vietnam.
News
November 24, 2023
Across the U.S., operators added four rigs in the five-day period from Nov. 18 to Nov. 22, according to the Baker Hughes Rotary Rig Count. It was the second week in a row that the total U.S. count increased, with the new total standing at 622.
News
November 21, 2023
(WO) — Pakistan Petroleum Limited (PPL) has made a gas condensate discovery with its Jhim East X-1 exploration well on Block 2467-16 (Shah Bandar), located in Sujawal district in Pakistan’s Sindh province.
News
November 20, 2023
(WO) — Invictus Energy Ltd. has reported significant progress in the drilling of the Mukuyu-2 well at its 80% owned and operated Cabora Bassa project in Zimbabwe.
News
November 20, 2023
(WO) — Ukraine's state-owned Naftogaz’s subsidiary Ukrgasvydobuvannya has uncovered a highly promising gas deposit in the Carpathians, previously believed to be exhausted, the company announced on Nov. 20.
News
November 14, 2023
On its final morning last Friday, the Annual General Meeting of the International Association of Drilling Contractors (IADC) in Austin, Texas, featured a presentation by NOV of the 70th Annual Rig Census.
News
November 13, 2023
As the Annual General Meeting of the International Association of Drilling Contractors (IADC) continued Thursday afternoon in Austin, Texas, it featured wide-ranging commentary from three panelists on issues of concern during the “Drillers Outlook.”
News
November 09, 2023
By combining ProACT's advanced analytics with Max Platform's powerful data capabilities, operators can optimally manage the construction of wells.
News
November 07, 2023
Delivery of the contract includes the design and manufacture of top drives from Kenera’s rig equipment business, Bentec.
