Drilling
News
January 12, 2023
Public drillers added 18 rigs during the final three months of 2022, while their private rivals idled 11. Overall, the fleet of rigs operating in the contiguous U.S. expanded by three from the end of September to Dec. 31.
News
December 27, 2022
If 2022 was big for international oil, it was astronomical for the domestic sector. From our coveted annual World Oil Awards to happenings in West Texas, news never stopped flowing. Read the top home-grown stories of 2022 here.
News
December 21, 2022
Carmo Energy, a subsidiary of Cobra IS, will oversee the maintenance of these facilities and of the work to upgrade them to technical and environmental standards. It will be remunerated through their exploitation.
News
December 20, 2022
ConocoPhillips had originally proposed drilling across five pads at the site in the northeast corner of the National Petroleum Reserve-Alaska. However, the Interior Department has advanced an alternative plan that would initially allow just three. Now some environmental activists are musing about an even smaller, two-site option.
News
December 20, 2022
Each of the three Wolfcamp B horizontals had approximately 9,900 feet of completed lateral, averaging 95% within U.S. Energy's 33' target window at a TVD of 10,979'. A total of 198 stages were completed in 31 days with 99.5% of the designed proppant volume and 105.3% of the designed fluid volume placed.
News
November 21, 2022
Zephyr Energy Plc, the Rocky Mountain oil and gas company focused on responsible resource development and carbon-neutral operations, announced on Monday that drilling operations have commenced on the State 36-2 LNW-CC well at its flagship project in the Paradox Basin, Utah.
News
October 28, 2022
As part of continuing to deliver its growth strategy and expanding in core markets such as the Middle East region, KCA Deutag has announced the completion of the largest phase of the Saipem SpA’s onshore drilling business acquisition.
News
October 26, 2022
SLB announced it has entered into an agreement to acquire Gyrodata Incorporated, a global company specializing in gyroscopic wellbore positioning and survey technology.
News
October 12, 2022
Diamondback Energy Inc. agreed to buy closely held FireBird Energy LLC in a cash-and-stock deal valued at about $1.6 billion, enabling the U.S. shale oil producer to grow in the Permian Basin.
News
September 13, 2022
Deltastream Energy Corp.’s gamble six years ago on drilling for oil in a heavily forested area of northern Alberta with no pipeline links paid off with a C$1.8 billion ($1.4 billion) return for investors, according to its chief executive officer.
News
August 31, 2022
Abu Dhabi National Oil Company announced the award of five framework agreements totaling $1.83 billion for Directional Drilling and Logging While Drilling.
News
August 25, 2022
U.S. shale producers are on course to make nearly $200 billion this year, enough to make the industry debt-free by 2024 and potentially fund a pivot toward more natural gas production, according to Deloitte LLP.
News
August 25, 2022
Latest analysis from Westwood Global Energy Group reveals a healthy recovery roadmap for the global land rig market, driven by higher commodity pricing and mounting pressures around energy security.
News
August 23, 2022
Recently introduced digitalization and automation technologies are enabling better performance on new build and retrofitted rigs.
News
August 22, 2022
Invictus Energy Ltd. plans to start drilling at its Cabora Bassa oil and gas prospect in northern Zimbabwe by early September.
News
August 18, 2022
Neptune Energy announced drilling has begun on a new production well at its operated Rӧmerberg oil field in the Rhine Valley, southwestern Germany.
News
August 16, 2022
Permex Petroleum Corporation, a junior oil and gas company based in Dallas, was approved for a permit to drill on its property in Martin County, Texas.
News
August 09, 2022
ADNOC Drilling Company announced its financial results for the half year and second quarter ending June 30, which show its net profit for the first half significantly grew by 34% to $379 million.
News
August 09, 2022
Collectively, the bill would “hurt American energy producers and drive up energy costs for the American people,” said Anne Bradbury, chief executive officer of the American Exploration and Production Council.
News
August 05, 2022
Canadian Overseas Petroleum Limited and its affiliates have received a Resource Report prepared by independent energy consultancy Ryder Scott confirming its deep oil discovery on its affiliate COPL America Inc.’s lands in Converse and Natrona counties, Wyoming.
News
August 01, 2022
U.S. shale drillers are expected to post record second-quarter profits in coming days, reversing nearly a decade of debt-fueled losses.
