Drilling
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.
News
January 13, 2020
For two years in a row since 2018, Railroad Commission of Texas staff have set a historic record of taking just two days on average to process standard drilling permits, one day below the legislative requirement.
News
January 09, 2020
Occidental Petroleum began sweeping job cuts at multiple U.S. locations this week, including what a representative called voluntary reductions and outright layoffs, as the company seeks to reduce debt.
News
January 02, 2020
A drive to drill new wells at 20 “priority” fields in Mexico largely using smaller, local service providers is faltering, with Pemex expected to re-bid some of the work in the year ahead.
News
December 23, 2019
The slowdown in Permian Basin oil drilling and fracking is spreading to the lenders as austerity takes hold.
News
December 13, 2019
"Base decline is the volume that oil and gas producers need to add from new wells just to stay where they are—it is the speed of the treadmill,” said Raoul LeBlanc, vice president of unconventional oil and gas at IHS Markit.
News
December 06, 2019
A Denver-based company that installs data centers at shale drilling sites to take advantage of excess natural gas supplies says it now has eight operations across the U.S. and plans another 30 in the first half of next year.
News
November 26, 2019
Specialist well construction and intervention company Coretrax has acquired Churchill Drilling Tools as part of an ongoing growth and expansion strategy.
News
November 22, 2019
The tests, verified by Lloyds Register, exceed conventional API 6A temperature class ranges of ‘K’ (-75 to +180°F) and ‘X’ (0 to 350°F), and Plexus engineers believe no other wellhead sealing system can perform under the same conditions in a single test run.
News
November 20, 2019
California intensified its battle against fossil fuels by seeking independent reviews of all pending hydraulic fracturing permits and halting approvals of a key production technique in an area that has pumped crude for more than a century.
News
November 18, 2019
Global drilling and engineering contractor KCA Deutag announced that its land drilling operation has won new contracts worth approximately $460m in the Middle East, Africa and Europe.
News
November 11, 2019
Built for every production environment from heavy oil to wet gas, ForeSite Flow provides precise flow measurements for any fluid mixture without separation.
News
November 08, 2019
Sparrows Group’s Singapore operation has achieved the world’s most advanced quality assurance certification for drilling service providers - the American Petroleum Institute (API) Specification Q2.
News
November 07, 2019
The new facilities will provide purpose-built space to support Gator’s bottom hole assembly tool rental, repair and manufacturing capabilities.
News
November 06, 2019
Variable Bore Rams Inc., the largest original equipment manufacturer ram and blowout preventer component provider in the world, has added Cameron’s new dual-string interlocking (DSI) shear rams to its inventory.
News
November 04, 2019
Paradigm Drilling Services has recently expanded their teams in the Middle East and Mexico to service increasing drilling equipment demand.
News
October 30, 2019
Independent shale producer Concho Resources Inc. said it’s tapping federal acreage for drilling now in case the U.S. elects a president who favors a fracing ban.
News
October 30, 2019
Churchill Drilling Tools announced four successful drill-string severs using its HyPR HoleSaver, following stuck pipe events across the Middle East, including two in the UAE.
News
October 29, 2019
The facility addresses full-service safety and environmental solutions for the oil and gas industry and equipment installed in potentially explosive atmospheres with an expanded footprint marking UL's 99-year presence in Canada.
News
October 28, 2019
Some industry observers think Fernandez may provide drillers with a capital-controls loophole, which is what Kirchner did in 2013 to lure Chevron to Vaca Muerta.
News
October 28, 2019
Opening up a potentially huge shale gas region in Australia’s Northern Territory would increase the country’s already-hefty greenhouse gas emissions making it a “particularly dangerous” contributor to climate change, according to a new study.
