Drilling ///

Confident oil industry set to ratchet up spending in 2019

After years of gloom, the oil industry’s out of its slump.

BHP has reported its second-half 2018 operations review

BP reports highlights of its second-half 2018 upstream operations review.

Oil steadies near two-month high as U.S. drilling slows down

Oil steadied near a two-month high in New York amid a pullback in U.S. drilling activity, while ongoing U.S.-China trade talks left an uncertain outlook for demand.

Legality of drilling permits issued during shutdown challenged

The Trump administration’s decision to keep issuing oil drilling permits during the government shutdown is putting those authorizations in legal jeopardy, environmentalists argued in a filing Thursday.

Pragma's Downhole Steam Injection Valve takes next step towards North Sea reality

Aberdeen-based oil and gas production technology business, Pragma Well Technology, has been given the green light by Pharis Energy and OGTC to progress with the manufacture and prototype testing of their Downhole Steam Injection Valve (DSIV) following a successful feasibility study.

Vista Proppants has commenced outbound rail transload facility to enhance frac sand delivery

Vista Proppants and Logistics, LLC has commenced operations of a transload terminal facility to facilitate enhanced delivery of frac sand into the Midland and Delaware Basins of the Permian Basin.

O&G industry shows commitment to workplace safety in new report

API has released its comprehensive Workplace Safety Report showing that occupational injuries and illness for the natural gas and oil industry occur at a substantially lower rate than the U.S. private sector and are continuing to decline.

Tullow has published it trading statement & operational update

Tullow Oil plc issues this statement to summarize recent operational activities and to provide trading guidance in respect of the financial year to Dec. 31, 2018.

Colorado Supreme Court rules against plaintiffs in Martinez v. COGCC

Statement by Dan Haley, President & CEO of the Colorado Oil & Gas Association, on today’s Colorado Supreme Court ruling.

‘Realistic’ new model points the way to more efficient and profitable fracing

A new computational model could potentially boost efficiencies and profits in natural gas production by better predicting previously hidden fracture mechanics. It also accurately accounts for the known amounts of gas released during the process.

'Gas, of course' proclaims NPD director general

The Aasta Hansteen gas field began production on Dec. 16 as the first development in the northern Norwegian Sea.

Will Asia-Pacific's O&G sector join the global recovery in 2019?

The need to fill new and old gas infrastructure will see the drilling of exciting offshore prospects across Australia, Brunei, Malaysia, Myanmar, Pakistan and Papua New Guinea.

Chevron touts nimble shale as electric cars dim big oil's future

Chevron Corp. will spend about half its capital budget on projects that yield quick returns over the next three years, underscoring the importance of shale as it prepares for growing uncertainty in how the world consumes energy.

The NCS is barely halfway through its oil and gas story, according to NPD

The Norwegian Petroleum Directorate’s forecasts show that, after a minor decline in 2019, oil and gas production will increase from 2020 and up to 2023. Overall production will then approach the record year of 2004.

Oil majors to increase offshore spending

After four years of cutbacks, oil companies are poised to develop new offshore fields, although the benefits won’t be spread equally across the OFS sector.

Rowan has executed contract with ConocoPhillips for the Rowan Norway

Rowan Companies plc has announced that the Rowan Norway, an N-Class ultra-harsh environment jack-up rig, has been awarded a contract in Norway by ConocoPhillips Skandinavia AS ("COPSAS") for an estimated duration of seven months that is expected to commence in second-quarter 2019.

Advisian Digital and Aurora Labs unveil 3D printing solution

Advisian Digital, the data science, software and technology business of the WorleyParsons Group, and Aurora Labs, the industrial 3D printing (3DP) technology company, have launched AdditiveNow, an additive manufacturing (3DP) solution center for the oil, gas, resources and major infrastructure sectors.

BP discovers another giant gas field in the Caspian

BP just spent $28 billion bringing a giant natural gas project in Azerbaijan online, and that may only be the start.

Texas drilling permits, completions statistics for December 2018

The Railroad Commission of Texas (Commission) issued a total of 811 original drilling permits in December 2018 compared to 885 in December 2017.

API's annual State of American Energy highlights leadership

API President and CEO Mike Sommers has addressed more than 400 government, labor and industry leaders on America’s economic leadership at API’s ninth annual State of American Energy address.