Drilling

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.
News
November 07, 2023
Under the agreement, Halliburton and Sekal are collaborating on several technologies and services that incorporate Halliburton digitally integrated well construction solutions and the Sekal DrillTronics automation platform.
News
October 26, 2023
Coretrax will deploy its leading ReLineMNS and ReLineHYD expandable casing patches to effectively isolate trouble zones and increase production on the operator’s existing wells.
News
October 20, 2023
The total includes 709 to drill new oil or gas wells, 10 to re-enter plugged wellbores and 80 for re-completions of existing wellbores.
News
October 03, 2023
TWMA will deploy its award-winning RotoMill solution alongside its newly launched XLink cloud-based, real-time monitoring technology across four artificial island drilling units to promote efficiency whilst minimizing the project’s carbon footprint.
Webcast

Applying Gen AI for Drilling Optimization: Insights from a Real-World Implementation

October 18, 2023
DeepIQ
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.
News
September 25, 2023
The PulseStar service uses telemetry for remote operations to minimize human interaction and enhances on-bottom drilling time.
News
September 20, 2023
Halliburton’s BaraFLC Nano-1 sealant uses nanoparticles to reduce interaction between filtrate and reactive shale formations, preventing pore pressure transmission. This helps strengthen wellbore integrity, which can extend drilling time and efficiency.
News
September 18, 2023
The GuideStar service enhances well delivery by increasing the understanding of the centerline wellbore placement and reducing survey time.
Webcast

Geology while drilling: Digital enabler for Sustainable Energy

October 25, 2023
SLB
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.
News
September 13, 2023
SecureWell is the first industry training to teach proper selection, installation and use of primary barriers when working in a live hydrocarbon environment.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.