Drilling

News
June 10, 2026
Indonesia Energy Corporation remains on schedule to spud the K-29 well at its Kruh Block asset in Indonesia later this month after completing rig installation, safety inspections and key pre-drilling preparations.
News
June 09, 2026
Greenland Energy has signed a services agreement with Halliburton and continues preparations for its 2026 drilling campaign in the Jameson Land basin, targeting the first modern onshore exploration wells in East Greenland later this year.
News
June 05, 2026
The Trump administration's first Arctic National Wildlife Refuge lease sale drew bids from only two participants—Alaska's state development authority and independent operator Hex Energy—while major oil companies stayed on the sidelines.
News
June 05, 2026
The Trump administration is opening sealed bids for nearly 690,000 acres in Alaska's Arctic National Wildlife Refuge, setting up a key test of industry interest in one of North America's most prospective—and politically contentious—oil and gas regions.
News
June 04, 2026
The U.S. House of Representatives has passed legislation to reauthorize the Permit Processing Improvement Fund, an industry-funded program that supports Bureau of Land Management offices responsible for oil and gas leasing, permitting and production activities on federal lands.
Article
May
NOV’s first-principles design approach delivered pump fluid ends that meet the demands of today’s challenging drilling operations. 
Article
May
In his latest Drilling Advances column, Ford Brett explores whether drilling automation can help solve North America’s looming natural gas supply challenge — and what today’s rig robots have in common with the legend of John Henry and the steam drill.
News
May 22, 2026
The U.S. oil rig count posted its largest weekly increase since 2022 as rising crude prices tied to Middle East tensions and the Strait of Hormuz disruption boosted shale drilling activity, particularly in Texas.
News
May 07, 2026
PetroTal raised its 2026 outlook and said it is preparing to resume development drilling at Peru’s Bretana field later this year as production stabilization efforts continue.
News
May 06, 2026
The Trump administration is considering drilling for oil beneath U.S. military bases and other federal land as part of efforts to refill the depleted Strategic Petroleum Reserve.
News
May 05, 2026
Expro is acquiring Enhanced Drilling for $215 million, adding managed pressure drilling capabilities as it positions for growing demand tied to energy security and global supply pressures.
News
April 29, 2026
Nabors says Middle East conflict is driving higher costs and logistics challenges, but international drilling demand remains strong.
News
April 27, 2026
Halliburton has been awarded a contract for Greenland Energy’s 2026 Arctic drilling campaign, advancing exploration in the frontier Jameson Land basin.
News
April 21, 2026
VAALCO Energy reports strong initial production from its Etame 14H well offshore Gabon, advances drilling at Ebouri, and progresses toward Q2 2026 restart of the Baobab FPSO offshore Côte d’Ivoire.
News
April 08, 2026
Santos reported strong results from its Quokka-1 appraisal well on Alaska’s North Slope, confirming high-quality Nanushuk reservoir performance with flow rates of 2,190 bopd as development planning advances alongside the Pikka project.
Article
March
To deal with challenging formations while boosting efficiencies and keeping costs down, equipment manufacturers have introduced a host of new bits and technologies. The innovations even extend into geothermal drilling. This round-up of bit innovations examines the individual products and their features. 
Article
March
A quantified, field-proven framework for lower-carbon, safer, and more predictable well construction. 
Article
March
Superhot rock geothermal is one of the most promising frontiers in the global energy transition, with the potential to produce significantly more power per well and allow geothermal energy to scale to new heights, Today, the 200°C temperature barrier in directional drilling has finally been broken, an engineering challenge that the industry has pursued for more than 25 years. 
News
March 19, 2026
Automation powered by machine learning was a recurring theme on day one of IADC/SPE International Drilling Conference and Exhibition 2026, hosted this year in Galveston, Texas.  As operators across the drilling value chain seek greater efficiency, A.I. and its many applications in automation offer a path to a new era of energy efficiency.
News
March 19, 2026
Oil companies including ExxonMobil and ConocoPhillips bid $163 million in a record lease sale in Alaska’s National Petroleum Reserve, signaling renewed upstream interest following policy changes and expanded access to federal acreage.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.