Drilling

News
April 05, 2023
The offshore drilling contractor is working with a financial adviser, said the people, who asked to not be identified because the matter isn’t public.

News
April 04, 2023
The company will have a streamlined cost structure and will be well-positioned for further growth given its stronger credit and liquidity profile, providing attractive cash flows.

Whitepaper
Seven factors that improve well delivery performance
April 03, 2023
Actenum

News
April 04, 2023
First oil from the well is expected in early April. Commissioning and start-up of the new gas lift compressor will follow the first oil activities on the FPSO.
Article
March 2023
A cross-sector collaboration between suppliers and project partners to design rigs at the concept stage for tie-back will be beneficial. This approach enables the industry to move from sequential development stages toward simultaneous drilling and platform construction to accelerate timelines.
Article
March 2023
Drilling contractors and operators have more options than ever before to reduce their diesel fuel costs, without sacrificing performance. Creating an integrated and fuel-flexible hybrid power solution offers sustainability benefits and stability that’s required in the oil field.
Article
March 2023
Market demand for drilling rigs ramps up after years of dormant activity when many were stacked for storage. Ensuring that these still have the right specifications and are fit for purpose following reactivation can be a challenge requiring technical experience and expertise.

News
March 29, 2023
The 73 million acre sale — one of the nation’s largest ever — being held by the Interior Department on Wednesday was one of several required under the Democrats’ climate law as a concession to Senator Joe Manchin to secure the bill’s passage in the Senate.

News
March 29, 2023
Kistos, a low carbon intensity oil and gas producer pursuing a strategy to acquire assets with a role in energy transition, provided an update on its drilling activities in the Netherlands and the United Kingdom.

News
March 28, 2023
Transocean Encourage and Transocean Enabler are 6th generation fully winterized, harsh environment semisubmersible rigs with automated drilling control specially designed for operations on the Norwegian continental shelf.
Article
March 2023
As ML applications become easier to access and use, they are setting the stage for rapid scaling across the E&P industry to assist the human decision-making process. A new ML-based drilling system recommender illustrates how this scaling is improving drilling performance and reducing energy extraction costs.

News
March 15, 2023
West Akcakoca 1 reached 3,839 m total measured depth and true vertical depth of 1,677 m. During the drilling, an abundance of gas pay was discovered.

News
March 14, 2023
Preliminary analysis of the logging-while-drilling and wireline log data available at Neon-2 has confirmed that, as at Neon-1, the Paleocene sandstone primary target zones are present and oil bearing at this location.

News
March 13, 2023
Ireland is becoming ever more reliant on Britain for gas supplies, with UK imports more than doubling since 2017 to 75% of Irish demand, and set to hit 90%, a report from OEUK will say.

News
March 06, 2023
Valaris signed a three-year contract with Petrobras for drillship VALARIS DS-8. The rig will be reactivated for this contract. The total contract value is approximately $500 million, including a $30 million mobilization fee.

News
March 06, 2023
QatarEnergy made a light oil discovery in the Jonker-1X deep-water exploration well drilled in the PEL-39 Exploration License, offshore Namibia.

News
March 01, 2023
The contract includes the seventh-generation drillship named Deep Value Driller, one of the most modern in the world.

News
February 27, 2023
The company seeks to fill gaps in the market to help meet operator demand for high-quality services and offer clients a more streamlined, efficient approach to delivering projects under a single supplier.

News
February 23, 2023
Africa-focused independent exploration company, Impact Oil & Gas, has launched a multi-well drilling program offshore Namibia to assess the hydrocarbon reserves available in TotalEnergies’ large-scale Venus discovery, as well as their flow potential into adjacent blocks.

News
February 21, 2023
The simulation allows tutors to take concepts discussed in the classroom and demonstrate a working knowledge as they would in a real-life environment, allowing students to experience in real-time the hazards they may encounter when dealing with onshore and offshore wells.