Drilling ///

Schlumberger, Baker Hughes cruise oil exploration "upcycle"

Schlumberger Ltd., the world’s biggest oilfield services company, and No. 3 Baker Hughes have their sights set in different directions as they move into the second-half of 2018.

China chasing elusive shale boom nearly a decade after hunt began

China’s shale gas industry began with a long shot.

Henderson opens new service center in Odessa, Texas

Henderson, drilling rig and capital drilling equipment sales and service provider, has opened a new service center in Odessa, Texas, to expand its service capabilities.

ConocoPhillips reports exploration success in Alaska

ConocoPhillips has provided an update on its operating plan for Alaska, focusing on the company’s long history of creating value in the state and an ongoing commitment to invest in low cost of supply opportunities.

SGS and BHGE launch cooperation on predictive corrosion management

SGS and Baker Hughes, a GE company have announced a strategic alliance agreement (SAA) for the joint deployment and commercialization of BHGE’s real-time software and sensor-based predictive corrosion management (PCM) solution.

Colorado drillers fuel record oil output in rush to finish wells

Booming oil production in Colorado is fueling record output in the Niobrara basin that spans four states.

Emerge Energy Services to open new frac sand terminal in British Columbia

Superior Silica Sands LLC, a subsidiary of Emerge Energy Services LP, has announced that it has signed an agreement with a third-party logistics provider, Torq Energy Logistics Ltd., to open a new frac sand terminal in Buick, British Columbia.

Longshot oil riches draw wildcatters to the Utah desert

On hot days in Utah’s Uinta basin, rocks weep oil. Rivulets of black tar hint at the untapped riches within. Taken in hand, the stone crumbles, as warm and waxy as fresh asphalt.

Maersk Drilling secures two contract extensions in the North Sea

Maersk Drilling has been awarded contract extensions for the high-efficiency jackup rigs Maersk Resolute and Maersk Resolve by Petrogas E&P Netherlands B.V. and Wintershall Noordzee B.V., respectively. The extensions allow the two rigs to continue their high-performance operations in the North Sea.

Saudi Arabia pledges to invest $10 billion in South Africa

Saudi Arabia intends to invest as much as $10 billion in South Africa’s economy, with a focus on energy.

Maersk Supply Service completes tow of semi-submersible

Maersk Supply Service has successfully completed the tow of a semisubmersible from Las Palmas to North-Western Australia. The tow was carried out by new-build Anchor Handling Tug Supply vessel Maersk Master of the Starfish series, whose energy efficient design minimized fuel costs during transit.

ADES International acquires onshore drilling operations from Weatherford

ADES International Holding Ltd., the London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa through its subsidiaries, has announced that it has signed a definitive agreement with Weatherford International for the acquisition of 31 onshore drilling rigs for a purchase price of $287.5 million.

Oil patch has fastest-rising rent in U.S.

Want to rent an apartment near the biggest U.S. oil patch? It’ll cost you.

Element opens new oil and gas laboratory in Singapore

Element Materials Technology has opened a new laboratory in Singapore, servicing the oil and gas sector.

Savannah announces third oil discovery in Niger

Savannah Petroleum announce its third consecutive discovery in the R3/R4 PSC Area, southeast Niger.

Echo Energy reports notable gas column at fourth well of Argentina drilling campaign

Echo Energy plc, the Latin American focused upstream oil and gas company, has announced the successful completion of drilling of the CSo-2001(d) well in which a notable gas column has been interpreted from the wireline logging suite.

Petro Matad spuds Snow Leopard-1 well in Mongolia

Petro Matad, the AIM quoted Mongolian oil explorer, has advised that the Snow Leopard-1 well (Petro Matad 100%) in the Taats basin of Block V spudded on July 9, 2018.

A/S Norske Shell drills dry hole southwest of Knarr field

A/S Norske Shell, operator of production license 373S, has completed the drilling of wildcat well 34/5-2 S. The well is dry.

Spirit Energy Norge completes Fogelberg appraisal wells

Spirit Energy Norge AS, operator of production licence 433, has completed the drilling of appraisal wells 6506/9-4 S and 6506/9-4 A on gas and condensate discovery 6506/9-2 S (Fogelberg).

Lundin identifies additional resource potential at Edvard Grieg field

Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has successfully completed the PDO development drilling program at its operated Edvard Grieg field on the Utsira High, in the Norwegian North Sea. A significant reserves upgrade and extension of the production plateau have been made since the PDO, with additional resource potential identified in the area.