Drilling ///

Trump's offshore oil plan will struggle to lure rigs from Guyana

The world’s hottest offshore prospect for oil companies is off the coast of Guyana, where a string of major discoveries has drawn hundreds of millions of dollars in a quest for crude.

New Products and Services

Alex Endress, World Oil

National Oilwell Varco (NOV) recently launched the Rolligon dry additive mix unit, which uses a custom-designed mixer to pre-mix the gel powder with water on the fly, giving optimum gel quaity even at high rates.

World of Oil & Gas

Emily Querubin, World Oil

Alongside its partners, Petoro (30%) and Spirit Energy (20%), Wintershall (50%) announced the start of production at Maria field.

ExxonMobil encounters hydrocarbons onshore Papua New Guinea

ExxonMobil today announced that it encountered hydrocarbons after drilling the onshore P’nyang South-2 well, located in the Western Province of Papua New Guinea.

SDX Energy spuds fifth development well on Sebou permit in Morocco

SDX Energy Inc., the North Africa focused oil and gas company, has spud its ONZ-7 development well on the Sebou permit in Morocco.

Fracers arise from oil-price rout on a course to dominate 2018

Less than two weeks in, 2018 is shaping up to be the year of the fracer.

Energy companies seek clarity on offshore drilling in the Sunshine State

Interior Secretary Ryan Zinke has declared he is "taking Florida off the table" for new offshore oil drilling, but that concession leaves plenty of opportunities for rigs around the Sunshine State.

NOV's Tektonic drill bits increase ROP, durability with Permian Series cutters

Difficult drilling conditions in the Permian basin demand a drill-bit philosophy geared toward efficiency and durability. Three record runs recently occurred in the Permian basin that showcased the performance of National Oilwell Varco's Tektonic bits with Permian Series cutters.

President Energy announces workover success at Puesto Flores field, Argentina

President Energy, the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina is pleased to announce successful results from its third and fourth workover wells at Puesto Flores field, Rio Negro Province, Argentina (President 90% and Operator: Ediphsa 10%).

Hope wanes for "elephant" oil discoveries in Norway's Arctic

After a disappointing year for drillers, Norwegian authorities are reviewing their hopes for the Nordic country’s hottest exploration area.

Simmons Edeco recognized for international growth

Simmons Edeco, a leading supplier of wellhead and valve maintenance, asset integrity solutions and onshore drilling services to the global oil and gas industry, announced that it has received the Great International Growth Award 2017 at the tenth annual Spirit of Enterprise Awards in Great Yarmouth, England.

ADES extends three major contracts in Gulf of Suez

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 successfully extended two existing contracts for Admarine II, Admarine IV and renewed its lease for Admarine VI, all of which are in the Gulf of Suez area.

Gas Plus Khalakan provides update on Shewashan operations in Iraq

Gas Plus Khalakan, the operator of the Shewashan oil field in the Kurdistan Region of Iraq, is pleased to provide an end 2017 update on the operations and activity that has occurred on the Shewashan oil field.

Wentworth Resources provides operational update on Tanzania, Mozambique

Wentworth, the Oslo Stock Exchange and AIM-listed independent, East Africa-focused oil & gas company, is today providing an update to shareholders.

BNK Petroleum spuds well in Oklahoma's Tishomingo field

BNK Petroleum Inc. has announced that the Company has begun drilling the Glenn 16-2H well in Tishomingo field with Power Rig #7.

Stone Energy reports successful drilling results from Mt. Providence well

Stone Energy Corporation has announced drilling success at the deepwater Mt. Providence development well at Mississippi Canyon Block 28.

Beach Energy discovers new gas field in Australia's Otway basin

Beach Energy Ltd. has announced a new gas field discovery at Haselgrove-3 ST1 in the onshore Otway basin, in South Australia. Flow test results from the primary target Sawpit Sandstone indicate a high deliverability reservoir and provide encouragement to move towards commercialization of a large gas resource.

Canadian Shales: More wells in ‘18, but full recovery remains elusive

Jim Redden, Contributing Editor

The winter drilling season in the diverse shale plays scattered throughout the western Canada sedimentary basin (WCSB), is shaping up to be the busiest in three years.

Casing while drilling eliminates off-bottom events in a CO2 flooded area

Nicholas Mawford, Tesco

When formations in the northwestern Permian basin presented well integrity challenges and geological uncertainties, Tesco evaluated options for successfully reaching TD. Using casing while drilling, the company completed the job in less time and helped the operator learn how to save money on future wells in the region.

Regional Report: Eastern Mediterranean

Emily Querubin, World Oil

Eastern Mediterranean region are beginning to increase E&P activity and were able to bring several key projects on stream in 2017.