Drilling ///

Canada expects a quiet, flat year for E&P activity

Robert Curran, Contributing Editor

A year ago, things appeared to be looking up for Canada’s oil patch, but that proved unfounded. In early 2019, more uncertainty and pessimism are in the air, and little on the horizon provides hope for improvement.

Examining the role of outsourced service providers and external workers

Arun Srinivasan, SAP Fieldglass

The oil and gas industry relies heavily on external workers, in the field and in the office. A recent survey of senior oil and gas executives shows how the external workforce is sourced, managed and deployed—and how it adds value.

EMGC 2019 to deliver updates, outlooks from Eastern Mediterranean operators

Emily Querubin, World Oil

The Eastern Mediterranean Gas Conference (EMGC) is gearing up for another must-attend event in Cyprus.

ConocoPhillips’ Greg Leveille sees rapid trajectory of technical advancement continuing

Kurt Abraham, World Oil

In an exclusive interview with World Oil Editor-in-Chief Kurt Abraham, ConocoPhillips Chief Technology Officer Greg Leveille discusses the technical issues facing global E&P, particularly as relates to the many U.S. unconventional plays

RSS design aimed at a growing scope of directional drilling demands

John Clegg, Weatherford

A novel rotary steerable system addresses maintenance, downhole motors, and hole geometry in a new light.

PESA companies must remain nimble in solving challenges

Leslie Shockley Beyer, Petroleum Equipment & Services Association

We have just left a transformational year in the industry, where shifting commodity prices and evolving drilling strategies have demanded agile thinking and ingenuity—especially in the oilfield services and equipment sector.

Executive viewpoint

John Tintera, Texas Alliance of Energy Producers

The Great Water Hope: The future of oilfield produced water

Drilling advances

Jim Redden, Contributing Editor

Is your top drive healthy?

First oil

Kurt Abraham, World Oil

The art of discussing issues in 2019

Equinor has dry well in the southeastern Barents Sea

Wildcat well 7132/2-1 was drilled about 109 mi (175 km) north of Vardø, in the southeastern part of the Barents Sea.

Tenaris to open sucker rods manufacturing facility in Conroe, Texas

Tenaris will open its sucker rods manufacturing facility in Conroe, Texas, in July 2019, offering customers high quality sucker rods and accessories, produced domestically, further streamlining the U.S. supply chain.

Ingersoll Rand plans to acquire Precision Flow Systems for $1.45 billion

Ingersoll-Rand plc, creator of comfortable, sustainable and efficient environments, has announced it has made a binding offer to acquire Precision Flow Systems from funds advised by BC Partners Advisors L.P. and The Carlyle Group for $1.45 billion.

Transocean Ltd. has provided quarterly fleet status report

Transocean Ltd. has issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs.

Kuwait Petroleum said to reassess $500 billion spending plan

Kuwait Petroleum Corp. is reassessing plans to spend about $500 billion in capital investment and may decide this year to combine its eight business units into four to streamline the company, according to a person familiar with the matter.

Texas drilling permits, completions statistics for January 2019

The Railroad Commission of Texas (Commission) issued a total of 1,196 original drilling permits in January 2019 compared to 1,166 in January 2018.

Hydraulic fracturing conference hits full stride on day two

On the second day of SPE’s hydraulic fracturing conference, held on Wednesday, the technical presentations kicked into high-gear, with four major categories being explored by SME’s from operating companies, service providers and academia.

Hydraulic fracturing conference focused on increasing efficiencies in shale plays

SPE’s hydraulic fracturing conference kicked-off yesterday, Feb. 5, with a plenary session that outlined the significance of properly identifying frac hits.

BHGE AM Day 2: Knowledge, technology sharing are the keys to success

During the final day of the BHGE annual meeting on Tuesday, World Oil had a chance to visit with the president and CEO of BHGE North Africa region and the V.P. of Drill Bits.

Apache reduces budget, focuses on U.S.

Apache Corporation has announced that its board of directors has approved a 2019 upstream capital budget of $2.4 billion. This represents a significant reduction from its previous 2019 investment plan, as well as from its actual upstream investment level in 2018.

What crash? Big oil proves the crude price is just a number

The crude market had its worst quarter in four years but you wouldn’t be able to tell by looking at Big Oil’s stellar earnings numbers.