Drilling ///

Emerald Bay Energy provides update on Kuhn 5 well, in South Texas

Emerald Bay Energy Inc. has provided the following update on the Company’s plans to drill the Kuhn 5 well at the Wooden Horse property in South Texas. As previously announced, the Kuhn 5 well location was chosen as Buda target.

Westwood highlights exploration hits, misses of 2017

A new report from Westwood Global Energy Group, the energy market research consultancy, has highlighted 10 potentially commercial discoveries in 2017 considered likely to be more than 100 MMboe.

EIA: Tight oil remains the leading source of future U.S. crude oil production

EIA’s recently released Annual Energy Outlook 2018 (AEO2018) Reference case projects that U.S. tight oil production will generally increase through the early 2040s, when it will surpass 8.2 MMbpd and account for nearly 70% of total U.S. production.

Borr Drilling goes from empty-handed to the largest jackup driller in just 16 months

Borr Drilling announced its intention to acquire Paragon Offshore after inking a binding tender agreement to purchase all outstanding shares for $232.5 million. With the acquisition, Borr gets their hands onto 31 jackups and one semisubmersible unit.

GE, Noble Corp. launch world's first digital drilling vessel

Following the partnership formed by GE and Noble Corporation plc, the two companies launched the world’s first digital drilling vessel, targeted to achieve 20% operational expenditure reduction across the targeted equipment and improve drilling efficiency.

Abrado Wellbore Services awarded multi-string section milling P&A project in Trinidad

Abrado announced today that it has been awarded a multi-million-dollar dual-string section milling plug and abandonment project in Trinidad utilizing its proprietary Medusa cutting technology.

MCEDD ‘18: Conference program features 35 global deepwater companies

ENI, host of Marine Construction Engineering Deepwater Development (MCEDD) 2018, will support an expanded technical program at this year’s conference, one of the world’s premier deepwater events.

Essar Oilfields awarded drilling contract in India's Cambay basin

Essar Oilfields Services India Limited (EOSIL) today announced that it has been awarded a Rs 28-crore contract by Gas Authority of India Limited (GAIL) to drill three firm plus two optional wells in Gujarat’s Cambay basin.

SDX Energy's KSS-2 well disappoints in Morocco

SDX Energy Inc., the North Africa focused oil and gas company, announces that the KSS-2 well on the Sebou permit in Morocco was drilled to a TD of 1,293 m, encountering 8 net m of high quality reservoir interval in the Gaddari and Guebbas sequences with an average porosity of 30%. However, while the intervals came in on prognosis, they had low gas saturation and were not deemed to be commercial.

Abrado completes rig-less, dual-string section-milling P&A job in GOM

Abrado announced today that it has completed the first well in a multi-well P&A campaign for an independent GOM operator, using its proprietary Medusa expandable casing section-milling technology.

Trinidad Drilling considers sale as Canadian E&P activity slumps

Trinidad Drilling Ltd., which provides contract drilling services in North America and the Middle East, is considering selling itself as years of slumping drilling activity in Canada weighs on revenue.

Foothills Exploration reports successful completion, flow testing of horizontal well in Utah

Foothills Exploration, Inc., an independent oil and gas exploration company engaged in the acquisition and development of oil and gas properties in the Rockies, reported today the successful drilling, completion and flow testing of the Stagecoach 111-20H horizontal well, now producing natural gas in commercial quantities.

Deloitte: Industry exercises caution with M&A, though trend is changing

Deloitte forecasts that although the oil & gas industry may be in love with the recent rise in commodity prices it is still exercising some caution when it comes to M&A activity, but that is changing.

New software puts real-time drilling monitoring in reach

Proactive Real Time Systems (PRTS) has launched its new software product called the Real-Time Advisory System (RTAS).

East Canada’s Noia says more clarity required on new environmental assessment legislation

Following its successful Annual General Meeting (AGM) held yesterday, the Newfoundland and Labrador Oil & Gas Industries Association, Noia, states the Association will continue to seek clarity on proposed environmental assessment legislation announced by the federal government on Feb. 8, 2018.

Zion Oil & Gas encounters oil onshore Israel

Zion Oil & Gas, Inc., announces that during the current open hole wireline logging and subsequent reaming (cleaning the well bore) operations, Zion encountered free-flowing hydrocarbons while circulating drilling mud.

NOV develops top-drive upgrade for cost-effective performance upgrades in the Permian

Demand in the Permian basin for cost-effective ways of improving performance continues to increase. While a simple solution might involve purchasing entirely new equipment, in many cases this isn’t feasible due to both current constraints on capital expenditures and unacceptable downtime caused by long lead times for newbuilds. To address this issue, National Oilwell Varco (NOV) developed an upgrade package—the TDS-11SAE—for its top drives to elevate their performance beyond standard levels.

TAG Oil reports potential oil pay in New Zealand's Taranaki basin

TAG Oil Ltd. has provided a positive update on its Pukatea-1 exploration well, which was spudded on Jan. 24, 2018. The Pukatea-1 well is located in TAG Oil’s operated Puka permit (PEP 51135, 70% TAG Oil) in the Taranaki basin of New Zealand.

BNK Petroleum spuds WLC 14-1H well in Tishomingo field

BNK Petroleum Inc. has announced that the Company has drilled and set casing on the Glenn16-2H well and begun drilling the WLC 14-1H well in Tishomingo field.

U.S. shale drives rig count recovery in 2017

With oil prices on the rise in 2017, operators added drilling rigs back to many areas of the U.S.