Drilling ///

NuVista Energy provides operational update, Pipestone well test results

NuVista Energy Ltd. has provided a significant operational update, including the startup at Bilbo block--its largest pad drilled to date; powerful IP30 success from Elmworth block high intensity fractured wells (HiFi); the successful and on-time conclusion of the Keyera Simonette gas plant planned turnaround; and the achievement of a compelling well test in our emerging Pipestone block.

Schlumberger announces DELFI cognitive E&P environment

Schlumberger unveiled the new DELFI cognitive E&P environment at the SIS Global Forum. This environment enables collaboration across E&P teams and leverages the full potential of all available data and science to optimize assets.

EIC launches new O&M database at Offshore Europe

The Energy Industries Council (EIC), the leading trade association for companies that supply goods and services to the energy industries worldwide, has launched its newest business development tool, EICAssetMap, at Offshore Europe 2017.

Emerald Bay to drill Kuhn 4 well in South Texas' Wooden Horse play

Emerald Bay Energy Inc. has provided an update on the Company’s Wooden Horse play in South Texas.

Frontera Resources announces mobilization of workover rig in Georgia

Frontera Resources Corp., a European focused independent oil and gas exploration and production company, is pleased to announce the mobilization of a workover rig to Ud-2 well, situated inside the 950 km2 Mtsare Khevi Gas Complex area located in onshore Block 12 in Georgia.

Trump's sanction threat puts Chinese banks, oil giants on notice

President Donald Trump’s rhetoric about imposing widespread sanctions on China for propping up North Korea’s economy may put pressure on some of its banks and oil companies.

Offshore oil companies reboarding platforms, rigs in U.S. Gulf of Mexico

Offshore oil and gas operators in the Gulf of Mexico are reboarding platforms and rigs and restoring normal operations following Tropical Storm Harvey.

Total divests remaining 15% interest in Gina Krog field in Norway, sells to Kuwaiti company

Total has signed an agreement to divest its remaining 15% interest in the Gina Krog field in Norway to Kuwait Foreign Petroleum Exploration Company (KUFPEC).

Johan Sverdrup project more than halfway complete, says Lundin Petroleum

Lundin Petroleum AB has announced that Phase 1 of the Johan Sverdrup project is more than halfway complete, and that the partnership has further reduced the gross capital expenditure to NOK 92 billion.

UK North Sea oilfield startups surge to 10-year high

The UK North Sea is on track for the biggest year of oil and gas field startups in a decade, continuing the aging province’s surprising resilience to the crude-market slump.

Oil firms that cheered regulatory rollback are quaking on NAFTA

The Trump administration is easing environmental regulations and opening up territory for drilling as part of the president’s bid to unleash the "vast energy wealth" of the U.S. Yet Donald Trump’s push to rewrite the North American Free Trade Agreement could have the opposite effect.

Lundin Petroleum spuds exploration well at Børselv prospect in the Barents Sea

Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has commenced drilling of exploration well 7220/6-3 on the Børselv prospect in PL609 on the Loppa High in the southern Barents Sea.

Faroe Petroleum spuds Goanna exploration well in the Norwegian North Sea

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the UK and Atlantic Margin, is pleased to announce the commencement of the Goanna exploration well 39/9-22 S (Faroe 30%) in licence PL 881.

Aker BP drills dry well northwest of Vilje field

Aker BP ASA, operator of production licence 677, has completed the drilling of wildcat well 25/4-11. The well is dry.

Lundin Norway delineates Alta discovery in the Barents Sea

Lundin Norway AS, operator of production licence 609, has completed the drilling of appraisal wells 7220/11-4 and 7220/11-4 A on the 7220/11-1 (Alta) oil and gas discovery.

Sustained global recovery in land drilling forecast by Westwood Global Energy Group

The recovery in the global land drilling market, led by North America, is being sustained, according to first half figures from Westwood Global Energy Group, energy market research consultancy firm. The drive, both in the U.S. and internationally, for drilling wells with longer laterals and on multi-well pads, is creating demand for high-horsepower, modern rigs that can minimize time between each well.

Statoil strikes gas northeast of Heidrun field, North Sea

Statoil Petroleum AS, operator of production licence 124, is about to complete the drilling of wildcat well 6507/8-9.

Slump no obstacle to 300% return for Norwegian driller

While other offshore rig operators are still struggling to survive the worst oil-market slump in a generation, one Norwegian company has managed to turn things around.

LIFE 2017: Data-sharing necessary to realize true value of E&P industry’s ‘digital twin’

Though the foundation of the E&P industry is to find and produce oil and natural gas, the most valuable resource in today’s oil business may now be the data that companies collect in the midst of hydrocarbon extraction, as postulated today at Halliburton’s Landmark Innovation Forum and Expo in Houston.

Eni Norge granted drilling permit for wildcat southwest of Goliat field

The Norwegian Petroleum Directorate (NPD) has granted Eni Norge AS a drilling permit for well 7122/10-1 S, cf. Section 8 of the Resource Management Regulations.