Drilling
News
March 22, 2021
Baker Hughes has reached a significant technology milestone in pioneering a solution to overcome flexible pipe stress corrosion cracking (SCC) tendencies in high CO2 content fields, such as those found in Brazil’s pre-salt offshore developments.
News
March 22, 2021
An upstart driller in Mexico aims to provide 10% of the country’s natural gas needs as it develops prospects south of Texas’s border.
News
March 19, 2021
The Jacob Federal 1-42-73-9H was completed in the Parkman Formation, with a lateral length of 4,563 feet.
News
February 03, 2021
Creditors of Argentina’s state-run oil company, YPF SA, are sending mixed signals as one group of bondholders rejected the company’s latest debt restructuring plan while another voiced support.
News
January 25, 2021
The billionaire’s SpaceX intends to drill wells close to the company’s Boca Chica launchpad, it was revealed during a Friday hearing before the Railroad Commission of Texas, the state’s energy regulator.
News
January 22, 2021
Schlumberger posted better-than-expected earnings Friday and forecast an increase in overseas spending by customers in the next quarter. Earlier in the week, Halliburton said oil markets outside North America may see double-digit growth in the second half of 2021, while Baker Hughes predicted a modest recovery in Latin America, the North Sea and the Middle East.
News
January 21, 2021
Biden's move would block the sale of new mining and drilling rights across some 700 million acres of federal land. It could also block offshore oil and gas leasing, though details are still being developed.
News
January 13, 2021
Following successful six-month operational trials on Stena Spey and Stena Carron rigs, IDS will deploy its data driven TourNet Pro drilling contractor reporting service and drilling performance monitoring service, Anova DPM, across Stena Drilling’s fleet in Q1 2021.
News
January 11, 2021
The agreement will see Toolserv AS exclusively managing supply, sales and rental of Paradigm Drilling products and services in the country with the outlook to expand to other countries as business and demand grows.
News
January 06, 2021
The decision is a victory for the administration, which has been racing to issue oil leases in the refuge’s coastal plain before the Jan. 20 inauguration of President-elect Joe Biden.
News
December 30, 2020
The number of rigs drilling for oil in the U.S. closed out 2020 at 267, according to Baker Hughes Co. data released December 30th. It’s the lowest end-of-year figure since 2005, when drilling and fracking breakthroughs perfected in natural gas regions like North Texas’s Barnett shale were just beginning to be deployed.
News
December 25, 2020
World Oil editors discuss The North Face doubling down on its principled stand against well-paying American jobs, Russia wants to see OPEC+ production rise in February, and U.S. land regulators shrink Alaskan oil lease acreage.
News
December 22, 2020
The Nordic government beat back a lawsuit by environmental groups in the country’s Supreme Court, which ruled on Tuesday the authorities had acted lawfully by awarding exploration licenses in the Barents Sea to companies including Equinor ASA, Aker BP ASA and Lundin Petroleum AB.
News
December 16, 2020
On Dec. 14th, the groups filed requests with an Anchorage judge for a preliminary injunction to prevent the Interior Department’s planned Jan. 6 auction of oil and gas leases across the refuge’s 1.56-million-acre coastal plain.
News
December 15, 2020
Home to the Bakken shale formation, North Dakota won’t see any sustained growth in production sooner than the second half of 2022, Lynn Helms, director of the state’s Department of Mineral Resources, said.
News
December 04, 2020
Total has been selling assets to curb debt as plunging oil and gas prices sap earnings, including oil field assets in Brunei and the UK, as well as a stake in a renewables subsidiary in France.
News
December 03, 2020
A formal “notice of sale” is set to be published in the Federal Register on Dec. 7. The move is in keeping with a congressional mandate to hold two auctions of oil and gas leases in the refuge’s coastal plain by Dec. 22, 2024.
Webcast
Drilling Innovations & Technology Forum: Fall 2020
October 14, 2020
Schlumberger, Volant, Actenum
During this 60-minute live webcast, we will discuss the following topics: 1) “Allegro Casing and Liner While Drilling Services”, with presenter, Hesham Darwish, Drilling Tools Business Development Manager, Schlumberger. 2) “Reducing Costs, Improving Efficiency and Eliminating Invisible Lost Time in the Tubular Running Process”, with presenter, Brad Kwasnycia, Director, Sales and Marketing, Volant. 3) “Clearing Up the DUCs: Evaluating Schedule Scenarios for Intensive Completion Activity”, with presenter, Owen Plowman, Vice President, Actenum Corporation.
Webcast
Abaco Power Sections - How our Technology is Changing Drilling Optimization
July 16, 2020
Abaco Drilling
This webinar will feature field data and case studies from the Permian and Eagle Ford about Abaco’s latest engineering innovation; single direction stators with deviated profiles. These new stator profiles address performance drilling stresses on the power section lower end with a variable fit which reduces friction and overheating. This results in greater power section reliability and a reduction in field failure rates in all drilling applications.
The case studies will present common issues and challenges seen in stator technology today including stall and thermal damage and the way that Abaco’s OPTIFIT Technology specifically addresses these challenges.
Webcast
Drilling Innovations & Technology Forum: Summer 2020
June 24, 2020
Schlumberger, Enventure
During this 60-minute live webcast, we will discuss the following topics: 1) “Blade Family – 3DC Cutter Technology”, with presenter, Wiley Long, Product Champion, Schlumberger. 2) “The Same Drift Monodiameter Clad/Liner System in Solving Drilling and Well Infrastructure Challenges”, with presenter, Matthew Godfrey, Lead Project Engineer, Enventure Global Technology.
News
January 16, 2020
As the U.S. shale boom unfolded, the number of oil wells that were drilled but never opened for production steadily rose. Now, that figure has plunged by a surprising 10% in the newest sign yet of tough times for drillers.
