Drilling
News
May 17, 2023
The company will participate in the drilling and completion of 2 gross wells (0.5 net), both 10,000’ laterals, over the remainder of 2023 (the first well is already drilled, first production from both wells is estimated for the fourth quarter of 2023).
News
May 16, 2023
The HV-1 well was drilled on a new oil and natural gas field that the company refers to as the Presidents field. The Presidents field is a large oil and gas development project located in the company’s South Salinas project in Monterey County, California.
News
May 05, 2023
With a design depth of 9,472 meters, it will be the deepest oil and gas well in Asia and a breakthrough of milestone significance in China's ultra-deep oil and gas exploration.
News
April 27, 2023
The 30-well Barnett shale drilling program totaled 96 miles drilled. The average lateral length was approximately 8,200 feet per well, with average spud to rig release under 13 days.
News
April 26, 2023
U.S. Energy anticipates full development of the project to comprise another $130 million in capital expenditures over the next two years, bringing the total transaction value to well over $300 million.
News
April 20, 2023
Drilling operations are expected to commence in approximately 2 weeks at Trio’s HV-1 well, located on the company’s 8,600-acre asset called the South Salinas Project in Monterey County, California.
News
April 12, 2023
The decision was made to TD the well, having reached the target and penetrated the crestal portion of the microfracture swarm. The horizontal well will now be completed as a producer with over 2,500 feet of open hole within the Austin Chalk interval.
News
April 11, 2023
(WO) — Halliburton Co. has announced the implementation of the Auto Pumpdown service within Halliburton’s hydraulic fracturing business. The Auto Pumpdown service enables wireline and pump automation during unconventional completions operations.
News
April 05, 2023
The Whistling Straights well d is the first well under its recently signed Participation, Development and Option Agreement between Pennpetro’s 100% owned subsidiary, Nobel Petroleum USA Inc, and Millennium PetroCapital Corporation within the 250,000 acre Area of Mutual Interest petroleum joint venture in Gonzales County, Texas.
Whitepaper
Seven factors that improve well delivery performance
April 03, 2023
Actenum
News
April 04, 2023
The results of WR-B01Za provide back-to-back drilling success, further validating the company’s subsurface model and reservoir understanding and confirming its ability to accurately place horizontal wells in areas of good productivity.
News
March 30, 2023
ClearVision is the world’s only integrated array video and phased array ultrasound scanning tool.
News
March 28, 2023
To maximize the potential of Kruh Block after several encouraging new oil discoveries made by IEC during 2021 and 2022, IEC is currently in the process of securing 30 square km of new three-dimensional seismic data at Kruh Block.
News
March 22, 2023
The A2H well was drilled to a total depth (TD) of 3,883 meters, including a 1,275-meter horizontal section within the Amungee Member B Shale in the Beetaloo Sub-Basin, Northern Territory, Australia.
News
March 22, 2023
Crude would need to rise by about 15% to $80 a bbl, and gas would have to climb by more than a third to $3 per MMbtu for drilling and frack work to maintain its current pace, Quantum Energy Partners Chief Executive Officer Wil VanLoh said in an interview.
News
March 20, 2023
The Mountain Capital-backed company is having discussions with some larger peers about a potential deal, said the people, who asked not to be identified because the talks are private.
News
March 17, 2023
Shale drillers have made a strategic shift in recent years from reckless spending and unchecked output growth to strict capital discipline. The new business model could help shield the industry from the fallout of a credit crunch.
News
March 17, 2023
Biweekly, a new well will be added to the test until all new wells are connected to the testing system. Each well will be completed with PCP pumps before being placed on the test.
News
March 13, 2023
Zion Oil and Gas is steadily moving forward with operational plans in anticipation of the new license being granted very soon. The company’s most recent updates have alluded to its intentions of re-entering the MJ-1 well.
News
March 13, 2023
Biden is expanding an Obama-era ban on new oil and gas leasing in U.S. Arctic waters and will write new rules barring the sale of new oil drilling rights across much of the National Petroleum Reserve-Alaska, where ConocoPhillips’s 600 million-barrel Willow venture is planned, the Interior Department said.
News
March 13, 2023
After weeks of deliberations, senior advisers have signed off on the move, which represents one of the most momentous climate decisions yet for President Joe Biden. The approval is set to be released next week by the Interior Department, said the people, who asked not to be named because an announcement has not been made.
