Drilling
News
February 07, 2025
Falcon Oil & Gas announced the completion the Shenandoah S2-2H ST1 stimulation in the Beetaloo Sub-basin, Northern Territory, Australia with joint venture partner, Tamboran.
News
February 03, 2025
Ecopetrol S.A. announced that its U.S. subsidiary, Ecopetrol Permian, has reached an agreement with Occidental Petroleum (OXY) to extend its development plan of Rodeo Midland Basin LLC under the joint-venture first established in July 2019.
News
January 29, 2025
DEEP Earth Energy Production Corp. (DEEP) has announced a strategic collaboration with SLB to drive the development of Canada's first next-generation geothermal project, located in southeast Saskatchewan.
News
January 22, 2025
(Bloomberg) – U.S. President Donald Trump’s pledge to unlock more of that country’s vast stores of energy will likely lower Kenya’s consumer price growth, according to the chief of the African nation’s central bank.
News
January 19, 2025
Global oil and gas drilling contractor Nabors has announced it will add a third drilling rig to the Waha oil field in Libya’s Sirte Basin. The rig adds to the company’s current fleet of two rigs operating on the field.
News
January 17, 2025
(Bloomberg) – The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska’s National Petroleum Reserve, a bid to lock in land protections and conservation requirements days before President-elect Donald Trump takes office.
News
January 16, 2025
Helmerich & Payne, Inc. (H&P) today announced that it has completed its acquisition of KCA Deutag, establishing a global leader in onshore drilling in a deal valued at nearly $2 billion. H&P aims to expand its Middle East presence and strengthen cash flow.
News
January 14, 2025
Indonesia Energy Corporation (IEC) announced that IEC senior management will hold an investor update conference call on Tuesday, Jan. 21 to provide an update on future drilling and development plans, including a new planned reserve report.
News
January 08, 2025
(Bloomberg) – Oil companies declined to bid in a U.S. government auction to drill in the Arctic National Wildlife Refuge, as industry interest wanes in a region that’s rich with crude but difficult to develop.
News
January 07, 2025
Laredo Oil, Inc., an oil E&P company with over 30,000 net acres of mineral rights in the West Fork field in Montana, today announced that it has initiated preparations to drill the first of three planned exploratory wells in the field.
News
December 17, 2024
ADNOC Drilling has announced the closing of the Turnwell Industries joint venture between ADNOC Drilling, SLB and Patterson-UTI.
News
December 10, 2024
Borr Drilling Limited has announced its securement of a new contract commitment for its premium jackup rig "Norve" with a repeat customer in West Africa. This work is in direct continuation of the Marathon Oil contract and is estimated to commence in Q3 2025.
News
December 03, 2024
Halliburton has launched its Intelli suite of diagnostic well intervention wireline logging services, designed to facilitate customer collaboration, improve well insights to enable increased production, help extend asset life and reduce total cost of operations.
News
December 02, 2024
CNOOC Limited and 80883 announced that Huizhou 26-6 Oilfield Development Project has commenced production. A total of 19 development wells are planned to be commissioned, including 2 oil production wells and 17 gas production wells.
News
November 16, 2024
Rival Downhole Tools has announced its continued international expansion with the establishment of new legal entities, personnel, and facilities in Canada and Mexico, as well as strategic partnerships in Saudi Arabia, the UAE and Europe.
News
November 15, 2024
NOV’s Tuboscope division has recently unveiled a new advancement in tubular internal coating technology, aimed at significantly reducing thermal conductivity and enhancing operational efficiency and longevity of drilling tool life in challenging environments.
News
November 13, 2024
(Bloomberg) -- Texas oil and natural gas producer Coterra Energy Inc. has reached agreements with two closely-held companies to buy assets in the Permian Basin for $3.95 billion. The deals expand Coterra’s reach on the fast-growing New Mexico side of the top U.S. shale basin. The sale is expected to close in Q1 2025.
News
November 12, 2024
Nostra Terra, an international oil and gas exploration and production company focused on its Pine Mills producing asset in Texas, U.S., has provided a production and operations update.
News
November 06, 2024
Weatherford has announced two contracts in the Middle East, with Kuwait Oil Company (KOC) and a National Oil Company (NOC) in Qatar. The contracts will implement Weatherford's drilling technologies for enhanced safety, speed, and cost-efficiency in well delivery.
News
November 05, 2024
(Bloomberg) – Chevron Corp. has expanded its exploration acreage in African oil producers including Nigeria and Angola, where it sees the potential for a production revival despite years of decline.
News
November 04, 2024
ADNOC Drilling Company and Alpha Dhabi Holding announced today that their joint venture Enersol has agreed to acquire a 95% equity stake in Deep Well Services (DWS), for approximately $223 million including performance-based payments.
