Onshore
News
July 28, 2023
A preliminary evaluation indicates potential recoverable resources of approximately 28 MMboe. After full development of the discovery, OMV expects its natural gas production in Austria to increase by 50%.
News
July 27, 2023
The Z18 well - in the Carboniferous formation - is expected to increase Neptune’s production from the Adorf license by about 1,900 boed to around 8,200 boed.
News
July 24, 2023
(WO) — The EPA and Department of Energy said that the U.S. government would allocate up to $700 million in financing to track and lower methane emissions from the oil and gas industry, with grants to states accounting for half of the total.
News
July 24, 2023
Chevron Corp.’s board is waiving the mandatory retirement age for CEO Mike Wirth, giving the company more time to find a successor as it notches record production from the world’s most prolific shale basin.
News
July 24, 2023
(WO) — Canadian Overseas Petroleum Limited (COPL) and its affiliates have signed a non-binding letter of intent (LOI) for a joint venture to develop its Cole Creek project in Converse and Natrona Counties, Wyoming, the company announced on Monday.
News
July 21, 2023
China National Petroleum Corp. on Thursday began drilling the Shendi Chuanke 1 Well in Sichuan province, with a designed depth of 10,520 meters (6.5 miles). The project follows a similar sized well that CNPC began drilling in Xinjiang in May, described at the time as the deepest ever undertaken in China.
Article
July 2023
Remote e-frac technology enables operators to wield high and variable power loads to slash costs and reduce emissions.
Article
July 2023
A sensor at a PDC bit measures downhole dysfunction and is used in combination with an automated dull grading system to calculate bit damage. The high-frequency data enable engineers to determine the bit design changes required to improve drilling efficiency.
News
July 17, 2023
The company received a grade A under the MiQ methane emissions standard and a grade A- from Equitable Origin's EO100 Standard for Responsible Energy Development, which focuses on environmental, social and governance (ESG) performance.
News
July 14, 2023
The new Onyx horizontal development will utilize surface equipment currently located nearby Bayswater's existing Leffler 26-A Pad oil and gas location. This is Bayswater's fourth OGDP application approved by the Commission since Colorado's new regulatory framework was implemented, and the first approval this year.
News
July 11, 2023
The company intends to change its name from Houston Natural Resources Corp to Cunningham Natural Resources Corp ("CNRC"), and CNRC will be focused on traditional oil and gas opportunities and energy transition materials.
News
July 11, 2023
In early April 2023, a significant well control issue arose in which hydrocarbons flowed from the well in an uncontrolled manner. Currently,t he State 36-2 well remains static and under control, and Zephyr is in the process of pulling the production tubing out of the hole, as some joints were compressed/compromised or stuck due to the high pressures experienced during the well control incident and subsequent well control efforts.
News
July 07, 2023
The Barnes 8-1H, 8-2H, and 8-3H wells were drilled and completed under budget and are still cleaning up after the fracture stimulations.
News
July 06, 2023
Founded in 2005 and headquartered in Fort Worth, Texas, privately-owned Ulterra designs, manufactures, sells and rents PDC drill bits.
News
July 03, 2023
CGG announced that Sercel has been awarded multiple major equipment contracts by BGP Inc., a global geophysical services provider. The contracts include the delivery of 54 Nomad 65 Neo vibrator trucks and 29,000 GPR300 seabed nodes.
News
June 30, 2023
The HV-1 well is a two-mile step-out from Trio’s HV-3A discovery well that found high-quality, mid-gravity oil at depths between 3,750 to 5,100 feet. The HV-1 well drilled through approximately 1,800 feet of the Monterey Formation with major indications of oil and gas prior to reaching total depth at 6,631 feet.
Article
June 2023
While wellbore acidizing has been used for over 100 years to stimulate wells and expand production life, technique improvements have extended the process’ life in parallel. Organic acids have been introduced into wellbore stimulation processes because their delayed reaction capability decreases corrosion rates of steel components and improves well productivity.
News
June 28, 2023
An operator working in the Delaware basin wanted to increase efficiencies by simul-fracing two wells that were about 1,200 ft. apart. Connecting two, three-well pads added additional technical challenges.
News
June 28, 2023
The 160 MMSCFD NiTech Style IV NRU, the company’s latest design, features a modular skidded design that can adjust to compositional or flow capacity changes. The Style IV delivers high recoveries and reduces overall emissions.
News
June 22, 2023
To date, inVision completion technology has delivered more than 95,000 stages without a single wireline or pressure control incident while utilizing the IWS system.
News
June 20, 2023
According to a company statement, the transactions will fundamentally transform Civitas into a stronger, more balanced, and sustainable enterprise with a deep inventory of high-return drilling opportunities in the heart of the Permian and DJ basins.
