Drilling
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.
News
June 05, 2019
EP Energy Corp. will give its CEO a retention award that’s equal to more than 11% of the troubled oil explorer’s market value.
News
June 04, 2019
Rosneft has put into commission West Erginskoye field as part of the Erginsky cluster.
News
June 02, 2019
Oil explorers deployed more rigs for the first time in four weeks as shrinking drilling costs outweighed concern about sliding crude prices.
News
May 30, 2019
Oil giants probably won’t be buying up the Permian basin’s struggling independent drillers any time soon.
News
May 29, 2019
Kimmeridge Energy Management fell short in its efforts to revamp the board of PDC Energy Inc. with investors in the driller opting to reelect incumbent directors.
News
May 28, 2019
Matrrix Energy Technologies Inc. is pleased to announce that it has sold all of the assets related to its directional drilling division for approximately $1.5 million cash to a private directional drilling provider.
News
May 28, 2019
Petro Matad Limited, the AIM-quoted Mongolian oil explorer, is pleased to provide an update on preparations for the 2019 drilling campaign in Block XX and PSC extension applications for Blocks IV and V.
News
May 28, 2019
Caspian Sunrise has announced that work has commenced on a third core sample taken from Deep Well A8 on the Airshagyl structure at its flagship BNG Contract Area.
News
May 26, 2019
Schlumberger Ltd. had its debt rating lowered by S&P Global Inc. as belt-tightening in the U.S. shale patch translates into less drilling and fracing work for the world’s top oilfield services provider.
News
May 24, 2019
The largest oil companies are playing an increasingly important role in high impact exploration but performance was down in 2018, limited by a lack of depth in the quality of global drilling opportunities, according to experts at research consultancy, Westwood Global Energy Group.
News
May 16, 2019
The Railroad Commission of Texas (Commission) issued a total of 909 original drilling permits in April 2019 compared 1,221 in April 2018.
News
May 13, 2019
Cubility AS, a leading provider of solids control solutions that improve efficiencies, solids control and HSE around drilling operations, has announced an exclusive partnership with Argentinian solids control specialists Polyar SA to market, sell and support its MudCube solution across Argentina.
News
May 10, 2019
Crude explorers deployed fewer rigs in U.S. fields this week amid an escalating U.S.-China trade war that weighed on oil prices.
