Drilling ///

The US shale revolution has reshaped the energy landscape at home and abroad, according to latest IEA policy review

The International Energy Agency released its latest in-depth review of US energy policies on Friday, welcoming US leadership on innovation and highlighting the far-reaching impact of the country’s shale revolution.

Trump administration paves way for Arctic drilling rights sale

The Trump administration on Thursday took a major step toward auctioning oil drilling rights across every acre of the Arctic National Wildlife Refuge’s coastal plain, hours after the House of Representatives voted to outlaw the activity.

Rig operators try to win back investors after another challenging year

Offshore drilling executives are trying to win back investors who have fled their stocks over the past year, insisting that a protracted recovery is gaining momentum.

Ensign taps GoExpedi to innovate drilling supply chain

GoExpedi has collaborated with Ensign, a leading global drilling company, to provide Ensign’s fleet of drilling rigs with an innovative new technology tool that will significantly enhance its supply chain capability to support their 24/7 drilling operations.

Water management

Mark Patton, Hydrozonix

The power of water

House Democrats seek to block oil drilling along U.S. coasts

The U.S. House of Representatives is set to vote Wednesday on two proposals for limiting drilling in U.S. coastal waters, including an effort to permanently ban rigs near Florida, as Democrats seek to demonstrate their opposition to fossil fuels and emphasize Republicans’ sustained support for oil.

Voters deliver warning to Norway’s oil industry

Parties that want to rein in the country’s golden goose made significant gains in Monday’s local elections. That raises the prospect of more advances for those forces that want to limit drilling in the Nordic nation, which supplies 25% of the European Union’s natural gas.

Alaska snow cover thinning, may pose hurdle for refuge drilling

Snow depths on Alaska’s North Slope have thinned this year, the University of Alaska Fairbanks said in a study, creating a possible obstacle for exploration in part of the Arctic National Wildlife Refuge thought to harbor more than 7 Bbbl of oil.

Dolphin Drilling chooses Aberdeen as international headquarters

The move signals Dolphin Drilling’s commitment to the North Sea at a time of increasing optimism for the drilling industry, with the announcement of the Aberdeen headquarters at the existing Howe Moss Drive site marking the beginning of a bright future for the company following significant investment from a U.S.-based private equity firm.

Sonadrill JV scores $101 million Angola drillship contract

Sonadrill, Seadrill Limited’s 50:50 joint venture with an affiliate of Sonangol, has secured a nine well contract with six options, each for one well, in Angola for the Libongos drillship.

TWMA sees North Sea operators shift to onsite drilling waste recycling

TWMA has seen a recent shift in the North Sea to companies choosing to process drilling waste offshore. Applying a TCC RotoMill offshore processing solution allows recovered oil from the drill cuttings to be recycled back into the active mud system, resulting in significant cost savings.

BP focuses on deepwater, shale in historic shift south from Alaska

BP has closed one chapter in its U.S. business, exiting Alaska decades after transforming the state into an oil powerhouse. Now it’s time for a new phase in the company’s American story.

Trump’s EPA to propose retreat on methane rules for oil wells

The U.S. Environmental Protection Agency is set to unveil a proposal that would step back from federal regulation specifically targeting methane emissions at oil and gas facilities, potentially staving off requirements for a million existing U.S. wells.

Royale finds pay in California’s Rio Vista field

Royale's CRC RVGU 4-3 well has encountered a total of 246 ft. of pay defined as probable and possible in the Domengine, Capay, and Mokelumne River formations.

BP sells Alaska business to Hilcorp for $5.6 billion

BP agrees to sell all Alaska operations and interests to Hilcorp for $5.6 billion, including the Prudhoe Bay field and the Trans Alaska pipeline. Hilcorp is the largest private operator in Alaska, specializing in mature oil and gas assets.

Significant gas and condensates find onshore Niger Delta for Eni

The find amounts to about 1 Tcf gas and 60 MMbbl of associated condensate in the deep drilled sequences. The discovery has further potential that will be assessed with the next appraisal campaign.

Permian boom collides with New Mexico governor’s climate-change push

On the Texas side, oil and gas producers can drill and frack with relatively few bureaucratic hurdles. In New Mexico, companies need additional approvals from either the U.S. Bureau of Land Management or the state’s Land Office and Oil Conservation Division.

Husky starts production at Dee Valley thermal project

Husky Energy has commenced production at its Dee Valley thermal project in Saskatchewan, the second of six 10,000 bpd thermal bitumen projects to be brought onstream from 2018 to 2022.

PDC Energy, SRC Energy combine in $1.7 billion all-stock transaction

PDC Energy and SRC Energy announced a definitive merger agreement under which PDC will acquire SRC in an all-stock transaction valued at approximately $1.7 billion.

Tenaris receives $1.9 billion tubulars and services contract from ADNOC

The award forms part of an initiative by ADNOC to secure smart procurement solutions that add value to its upstream oil and gas drilling business and promote in-country investment and service provision.