Drilling
News
April 29, 2022
The reimagined, field proven Simplified Frac Iron System transforms the typically disjointed process inherent with conventional ground iron.
News
April 29, 2022
Galp Energia SGPS SA is considering a sale of its upstream operations in Angola, as Portugal’s biggest oil company seeks to streamline its hydrocarbon portfolio, according to people familiar with the matter.
Article
April 2022
In the U.S. and many other countries, rampant inflation is taking place, the various supply chains are a mess, energy supplies are disrupted, and the cost of oilfield equipment and services is jumping higher. It’s hard to ignore all this negativity, but in this column, we’re looking for some positivity, wherever we can fit it.
News
April 28, 2022
Continental Resources Inc., Hess Corp. and Matador Resources Co. signaled plans to raise production from U.S. shale basins, a potential harbinger of things to come as Big Oil prepares to report results later this week.
News
April 28, 2022
Whitecap Resources Inc., a Canadian conventional and shale driller, plans to increase natural gas activity in the second half of the year to capitalize on a surge in prices, Chief Executive Officer Grant Fagerheim said.
Article
April 2022
A new slickline-deployed, memory-based, cased-hole evaluation system delivers the same quality data used to identify bypassed reserves as conventional wireline but without the higher costs and logistical burdens.
Article
April 2022
Scott Sheffield has a forewarning for the acreage-restricted private operators helping drive record production in the Permian basin: your annual double-digit growth rates are unsustainable.
News
April 25, 2022
Halliburton, which controls more fracing capacity than any other company, predicted North American explorers will boost spending by 35% this year, up from a pre-war forecast of 25%.
News
April 22, 2022
The world’s biggest oilfield-services provider said its suspension of future investment in Russia, a market that has represented about 5% of its total sales, means it can shift its own spending to other parts of the world.
News
April 20, 2022
Environmentalists are calling on the Biden administration to crack down on methane leaks from low-producing U.S. oil wells, after new research shows they are releasing a disproportionate share of the potent greenhouse gas.
News
April 19, 2022
Spears & Associates Managing Director Richard Spears’ talk, titled, How extreme financial discipline impacts drilling activity in 2022 and 2023, outlined what has caused oil companies to display uncharacteristic financial restraint, despite surging oil prices.
News
April 19, 2022
Halliburton Co. said North American oil and natural gas drillers will lift spending by 35% this year, an increase from the biggest fracer’s pre-Russian war forecast.
News
April 19, 2022
Shale explorers in the Permian Basin chewed further into their supply of ready-made wells for a 20th straight month, leaving the smallest inventory of low-cost wells in the biggest U.S. oil field in more than half a decade.
News
April 18, 2022
Petro-Victory Energy Corp. secured 19 new oil and gas blocks in the company's core operating area, the Potiguar Basin onshore Brazil, the company announced.
News
April 18, 2022
Iraq’s cabinet may reactivate a deal with Halliburton Co. to drill wells in a western gas field in Akkas next month, Oil Minister Ihsan Abdul Jabbar told local media.
News
April 15, 2022
Biden’s administration is dramatically curtailing U.S. public land available for new oil and gas development as it seeks to impose more environmental protections and financial limitations on the activity.
Article
April 2022
To achieve more sustainable drilling, operators should drill fewer, more accurate wells. This becomes increasingly challenging, as operators encounter more complex reservoirs. A new 3D reservoir mapping service helps operators improve geosteering in such environments, reducing the need for more wells while optimizing production.
News
April 13, 2022
Drilling permits for new wells have spiked to unprecedented levels in the Permian Basin, signaling crude oil suppliers in America are finally responding to higher prices.
News
April 12, 2022
U.S. crude output will grow at a more diminished pace than previously expected as shale producers grapple with higher production and labor costs amid rampant inflation.
News
April 12, 2022
Some of the worst fire conditions in a decade are going to sweep across Texas and the southern Great Plains, threatening key shale-oil fields, slaughterhouses and farms.
News
April 11, 2022
Longboat Energy, an emerging full-cycle North Sea E&P company, announced the commencement of drilling operations on the Cambozola exploration well in Norway.
