Drilling

News
August 23, 2019
Almost half the rigs operating in Venezuela will shut down by Oct. 25 if the Trump administration doesn’t extend a 90-day waiver from its sanctions, according to data compiled from consultancy Caracas Capital Markets.
News
August 21, 2019
"The domestic motor market is exceedingly competitive and extremely transactional. This type of long-term commitment speaks to the value of the team we've built and the quality of our products and services," says Neil Fletcher, CEO, Rival.
News
August 16, 2019
Seadrill and Gulf Drilling International have entered into a 50:50 joint venture, GulfDrill, which will initially manage and operate five premium jackups in Qatar with Qatar Petroleum commencing throughout 2020.
News
August 06, 2019
Borr Drilling has secured an integrated services contract to provide three jackup rigs to PEMEX under its “Cluster 2” agreement.
News
August 05, 2019
Exxon Mobil and Chevron aren’t fazed by the drilling mistakes and funding hurdles smaller shale producers are running into in the Permian basin.
News
August 01, 2019
Weatherford has launched a single-trip openhole cementing sidetrack system capable of initiating sidetrack operations without the need of a cement plug.
News
July 25, 2019
Shares of America’s biggest owner of drilling rigs fell the most in seven months after the chief of Helmerich & Payne said he called the bottom too soon.
News
July 17, 2019
Halliburton launched 3D reservoir mapping, providing detailed representation of subsurface structures to improve well placement in complex reservoirs.
News
July 15, 2019
Global drilling and engineering contractor KCA Deutag (KCAD) is delighted to announce that its land drilling operation has won three new contracts in Russia worth approximately $168 million.
News
July 11, 2019
Cuadrilla today confirmed that it will return to hydraulic fracturing and flow testing of natural gas at its flagship Lancashire site in Preston New Road, near Blackpool.
News
July 05, 2019
Well-SENSE has launched a miniature optical pressure-temperature gauge, as part of its FiberLine Intervention (FLI) system.
News
July 03, 2019
American oil explorers cut back on the number of drilling rigs this week, matching a one-year low reached last month, as crude’s rally falters amid growing concerns over demand.
News
July 01, 2019
Varel Oil and Gas is staking it’s claim on the curve bit market by utilizing decades of bit design experience with accurate, predictive simulation software to target what directional companies and operators need most: consistent, controllable bits in the curve.
News
June 26, 2019
SDX Energy plc, the North Africa focused oil and gas company, has announced that an oil discovery has been made at its Rabul-7 development well in the West Gharib Concession in Egypt.
News
June 26, 2019
Thrifty drillers have found a new use for the glut of natural gas that’s sent prices for the fuel below zero in America’s biggest shale patch: Use it to power fracing operations.
News
June 21, 2019
Gazprom Neft subsidiary Gazpromneft-GEO has drilled a second horizontal well at Ignyalinskoye field in the Irkutsk Oblast. Commercial inflow is more than double the flowrate at the first well, constructed last year.
News
June 19, 2019
A ghost town in Cyprus’s Turkish-controlled north has become the latest pawn in the conflict surrounding Turkey’s drilling for natural gas off the island’s shore.
News
June 19, 2019
Exceed, a well management and performance improvement specialist, has announced the acquisition of Lowestoft-based Managed Pressure Resources (MPR), adding managed pressure drilling engineering and supervisory services to the Exceed portfolio.
News
June 12, 2019
Eliminating the need for costly equipment or hazardous manual handling, Coretrax has seen the deployment of its drillpipe cleaning tool, the CX-Ball, bypass more than 2,000 sales within five years, saving more than 11 days of rig-time cost and risk.
News
June 09, 2019
U.S. crude explorers reduced drilling to a 15-month low as oil dipped into bear-market territory.
News
June 06, 2019
Wells drilled horizontally into tight oil and shale gas formations continue to account for an increasing share of crude oil and natural gas production in the United States.
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