Drilling ///
Schlumberger Ltd. had its debt rating lowered by S&P Global Inc. as belt-tightening in the U.S. shale patch translates into less drilling and fracing work for the world’s top oilfield services provider.
The largest oil companies are playing an increasingly important role in high impact exploration but performance was down in 2018, limited by a lack of depth in the quality of global drilling opportunities, according to experts at research consultancy, Westwood Global Energy Group.
MOL Norge AS, operator of production licence 539, is in the process of completing the drilling of wildcat well 3/7-11 S.
Built by CARE Industries, Canada’s first Tier 4 final-certified service rig was recently delivered to Compass Well Servicing in Red Deer.
Matteo Salvini’s League is seeking to overturn a temporary ban on exploration drilling off sections of Italy’s coast.
GEODynamics, the global technology and manufacturing leader in perforating, downhole completion, intervention, and wireline-conveyed solutions, has added two new V.P.'s to its leadership team. John Berner is the new V.P. of manufacturing and Brian Hurst is the new V.P. of electro-mechanical.
South Africa’s Strategic Fuel Fund is welcome to bring in partners to help it execute a $1-billion agreement to drill for oil and build a refinery and pipeline in South Sudan, the central African nation’s oil minister said.
The Frost #1H well is located in the Northwest Shelf of the Midland Basis, in Yoakum County, Texas, and targets the exploration component of the San Andres Formation.
A new cost-reducing, first of its kind well abandonment tool developed by Aberdeen-headquartered Deep Casing Tools has gone from concept to offshore trial with Equinor in just nine months.
The Railroad Commission of Texas (Commission) issued a total of 909 original drilling permits in April 2019 compared 1,221 in April 2018.
Commonly called gyros, gyroscopes are very cool and have special properties that make them invaluable for many things including their use in downhole oil and gas applications.
“Alpine High is like a giant onion, with the company learning more about the discovery as we peel back each subsequent layer,” Apache CEO John Christmann.
Wellbore Integrity Solutions (WIS), an affiliate of private equity firm Rhône Capital, and Schlumberger has jointly announced that they have entered into an agreement for WIS to acquire the businesses and associated assets of DRILCO, Thomas Tools, and Fishing & Remedial services, along with part of a manufacturing facility located on Rankin Road in Houston, Texas.
Unity, provider of well integrity technology, services and engineering solutions, has launched the industry’s first multi-functional, near-surface intervention system following a successful commercial project for a major operator in Northwest Africa.
Siccar Point Energy has completed drilling the Blackrock exploration well 204/5b-2 in the West of Shetland.
TenarisHydril EasyDock connector is safe, robust, quick and easy to operate.
The TenarisHydril Wedge 667 connection was designed for HP/HT and deep well applications.
Wellbore Integrity Solutions and Schlumberger announced that they have entered into an agreement for WIS to acquire DRILCO, Thomas Tools, and fishing and remedial services.
Cubility AS, a leading provider of solids control solutions that improve efficiencies, solids control and HSE around drilling operations, has announced an exclusive partnership with Argentinian solids control specialists Polyar SA to market, sell and support its MudCube solution across Argentina.
Crude explorers deployed fewer rigs in U.S. fields this week amid an escalating U.S.-China trade war that weighed on oil prices.