Drilling ///

Abrado sets double-string section milling record on North Sea well

Abrado announced today that it has completed the first double-string section milled window in the North Sea utilizing the proprietary Medusa cutting technology.

Maersk Invincible becomes world's first shore-powered jack-up

On May 28, 2017, the Maersk Invincible became the world's first harsh environment jack-up drilling rig to operate entirely on shore-power.

Shale's record fraclog could force oil prices lower

There’s yet another concern growing as oil prices continue to erode: A record U.S. fraclog.

Aker BP drills dry well west of Volund field, North Sea

Aker BP ASA, operator of production licence 150 B, has completed the drilling of wildcat well 24/9-11 S.

Weatherford introduces cased-hole evaluation system for enhanced oil recovery

Weatherford International plc announced the commercial release of the Raptor 2.0 cased-hole evaluation system today at the Society of Petrophysicists and Well Log Analysts Annual Symposium.

Schlumberger introduces rigless formation evaluation, monitoring for any reservoir

Schlumberger today introduced the Pulsar multi-function spectroscopy service at the SPWLA 58th Annual Symposium. The new service provides the industry’s first complete cased hole formation evaluation and reservoir saturation monitoring with openhole logging quality.

Oil trades near $45 as U.S. continues drilling expansion

Oil traded near $45/bbl following a fourth weekly loss as U.S. drillers continued to add rigs, blunting OPEC-led efforts to rebalance an oversupplied market.

Condor Petroleum begins drilling Yakamoz-1 exploration well in Turkey

Condor Petroleum Inc., has announced that drilling has commenced on the Yakamoz-1 exploration well, which is located 2 km north of the Company’s 100% owned and operated Poyraz Ridge gas field in Turkey.

Exxon Mobil to proceed with Liza oil development, offshore Guyana

Exxon Mobil will proceed with the first phase of development for the Liza field, one of the largest oil discoveries of the past decade, located offshore Guyana.

Senex Energy commences Phase 2 drilling campaign in Surat basin

Senex Energy Limited has announced that it has commenced its Phase 2 drilling campaign in the Surat basin on its flagship Western Surat Gas Project.

Rockhopper Exploration provides operational, corporate update

Rockhopper Exploration, the oil and gas company with key interests in the North Falkland basin and the Greater Mediterranean region, is pleased to provide the following operational and corporate update.

President Energy provides update on Argentina work-over program

President Energy, the upstream oil and gas company provides an update on its work-over program at its Puesto Guardian Concession, Argentina.

Sound Energy's Badile exploration well encounters significant gas shows in Italy

Sound Energy, the African and European focused upstream gas company, is pleased to provide an update on the drilling of the Badile exploration well, onshore Italy.

Shale drillers may be digging own hole as oil flirts with $40

U.S. shale is coming perilously close to puncturing its own rally.

Gazprom Neft concludes long-term partnership memorandum with Helmerich & Payne

Gazprom Neft has concluded a long-term partnership memorandum on oil and gas projects in Russia with American oil services company Helmerich & Payne International Drilling Co. The document, outlining the terms of the partnership, was signed by First Deputy CEO, Gazprom Neft, Vadim Yakovlev and V.P., Hellmerich & Payne, David Millwee.

Blast backlash hangs over drillers as 'fractivists' seek limits

Two months after a Colorado home exploded near an Anadarko Petroleum Corp. well, the reverberations are still rattling the oil industry, driving down driller shares and raising fears of a regulatory backlash.

Shale gas giants battle for dominance as U.S. supplies surge

The two biggest shale gas deposits in the U.S. are producing a record amount of the power-plant fuel, signaling that a fight for market share will intensify as supply outstrips demand.

Oil steady after third weekly loss as U.S. shale producers keep drilling

Oil steadied after a third weekly loss on speculation that sustained drilling by U.S. producers will blunt efforts by OPEC and Russia to re-balance an oversupplied crude market.

Stone Energy initiates drilling operations at Rampart Deep Prospect

Stone Energy Corporation has announced that drilling operations on its Rampart Deep Prospect in Mississippi Canyon Block 116 were initiated on June 3, 2017. The Stone generated prospect will be drilled and operated by Deep Gulf Energy III, LLC, and is expected to be tied back to Stone's 100% owned Pompano platform, if successful.

Sound Energy provides operational update for Morocco, Italy assets

Sound Energy, the African and European focused upstream gas company, is pleased to confirm the commencement of operations to re-enter and test the Koba-1 well at the Company's Sidi Moktar licence, onshore Morocco, and to provide a further update on the drilling of the Badile exploration well, onshore Italy.