Drilling ///

Lukoil drilled its second well in Yury Kochagin field

PJSC LUKOIL completed the construction of the second production well from the wellhead platform at the Yury Korchagin field in the Caspian Sea.

Crude crash will test majors’ devotion to spending discipline

For more than a year, the world’s biggest oil companies have been saying that by keeping a tight rein on spending today, they’ll be fortified against the next crude-price collapse. What they didn’t expect was for that caution to pay off so soon.

ExxonMobil drillship on location - Cyprus Block 10

The Stena Icemax drillship has arrived on location in Cyprus’ offshore Block 10, and is preparing to bore down into the seabed, Energy Minister Giorgos Lakkotrypis said, early this week.

President Energy shares positive Argentina outlook

President Energy provides an update on its business in Argentina and in particular the Puesto Flores/Estancia Vieja Concession, Rio Negro Province.

Wood awarded multimillion dollar contract extension for Upper Zakum project

Wood has secured a mult-imillion dollar contract extension from ADNOC Offshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC), for services to the the UZ750 mega project offshore Abu Dhabi.

ADNOC signs framework agreement with Uzbekistan gas producer

ADNOC signed a framework agreement with Uzbekneftegaz, a joint stock company of Uzbekistan's oil and gas industry, under which ADNOC will provide strategic advice in relation to upstream and downstream operations.

Shale oil's good, but it's not here to stay

U.S. shale may be the darling of the oil industry right now, but the boom isn’t going to last, according to the International Energy Agency.

ADNOC CEO says oil and gas industry a critical enabler of economic growth

The global oil and gas will be a critical enabler of economic growth in the 4th Industrial Age, according to His Excellency Dr. Sultan Ahmed Al Jaber, UAE minister of state and group CEO, ADNOC.

Rockhopper Exploration produces commercial volumes of oil from Bahariva formation

Rockhopper Exploration plc has provided the following operational and corporate update in relation to its Egyptian portfolio.

Canada’s Trinidad Drilling offers robust fourth-quarter outlook

In releasing and summarizing its third-quarter 2018 results on Friday, Calgary-based Trinidad Drilling offered a rather robust outlook for the fourth quarter.

Global oil and gas leaders discuss evolving energy landscape

Twenty-six of the world’s leading oil and gas sector leaders gathered in Abu Dhabi on Sunday, for a high-level industry forum focused on the evolving dynamics of the energy landscape, and the opportunities for hydrocarbon-produced energy to support global growth, today, and in the future.

Canadian fracer rivalry heating up amid plunging share prices

The outlook for Canadian fracing companies is up in the air.

PetroNeft reports drilling results at Cheremshanskoye field, Russia

PetroNeft has announced that cased-hole testing of the J1-1 and J1-3 intervals of the Cheremshanskoye No.4 (C-4) well in Licence 67 has confirmed the excellent results from the open-hole testing reported on Aug. 28.

Colorado oil producers rise as voters reject drilling limits

Colorado oil producers rise as voters reject drilling limits

End is near for "frac holiday" as Permian readies for 2019 boom

The oil fields of West Texas don’t sit still for long.

Spirit of Colorado applauds defeat of Proposition 112

Spirit of Colorado, an independent expenditure committee tasked with defending Colorado’s economic well-being, tonight delighted in the defeat of Proposition 112, the job-killing “setbacks” measure, which would have ended oil and gas development in Colorado.

Africa enjoys oil boom as drilling spreads across the continent

Africa is finally seeing the benefits from the recovery in crude prices as companies ramp up drilling from Algeria to Namibia.

Equatorial Guinea is said to expect $2.4-billion oil investment

Equatorial Guinea expects oil companies to spend $2.4 billion on the nation’s oil and gas industry by the end of next year.

Al-Kaabi takes helm of Qatar energy policy

Saad Sherida Al-Kaabi was appointed minister of state for energy issues and vice chairman of Qatar Petroleum after 32 years at the company.

Weatherford completes sale of Kuwait land drilling rigs

Weatherford has completed the sale of its land drilling operations in Kuwait to ADES International for $135 million.