Drilling

News
March 02, 2018
U.S. oil explorers raised the rig count to 800 for the first time in almost three years amid booming domestic and overseas demand for crude and petroleum-based fuels.
News
March 01, 2018
Statoil and its partners have contracted the West Phoenix rig for exploration drilling on the UK and Norwegian continental shelves from the summer of 2018.
News
February 26, 2018
In the early hours of Sunday, Feb. 25 drilling started at Oseberg Vestflanken 2. On the Capital Markets Day on Feb. 7 the project could boast break-even reduction from $34 to $16/bbl.
News
February 26, 2018
Deep Sea Mooring (DSM), a Vryhof company, has commenced operations in providing mooring equipment, design and marine supervisory services to Maersk Drilling in Trinidad.
News
February 22, 2018
Borr Drilling announced its intention to acquire Paragon Offshore after inking a binding tender agreement to purchase all outstanding shares for $232.5 million. With the acquisition, Borr gets their hands onto 31 jackups and one semisubmersible unit.
News
February 22, 2018
Following the partnership formed by GE and Noble Corporation plc, the two companies launched the world’s first digital drilling vessel, targeted to achieve 20% operational expenditure reduction across the targeted equipment and improve drilling efficiency.
News
February 21, 2018
Explorers are once again testing the waters in their search for oil, according to Transocean Ltd., the world’s biggest offshore rig contractor by market value.
News
February 21, 2018
SDX Energy Inc., the North Africa focused oil and gas company, announces that the KSS-2 well on the Sebou permit in Morocco was drilled to a TD of 1,293 m, encountering 8 net m of high quality reservoir interval in the Gaddari and Guebbas sequences with an average porosity of 30%. However, while the intervals came in on prognosis, they had low gas saturation and were not deemed to be commercial.
News
February 20, 2018
Trinidad Drilling Ltd., which provides contract drilling services in North America and the Middle East, is considering selling itself as years of slumping drilling activity in Canada weighs on revenue.
News
February 15, 2018
Proactive Real Time Systems (PRTS) has launched its new software product called the Real-Time Advisory System (RTAS).
News
February 08, 2018
Weatherford International plc today announced the successful execution of a shallow-angle casing exit in Sakhalin Island, Russia, using the AccuView real-time remote support system.
News
February 08, 2018
Sound Energy, the Moroccan upstream gas company, is pleased to provide details of its 2018 work program and an update on the Company's acquisition of geophysical and geological data in Eastern Morocco.
News
February 07, 2018
If you’re pumping natural gas in the U.S., you’re probably missing out on Asia’s boom.
News
February 07, 2018
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 16/1-29 S, cf. Section 15 of the Resource Management Regulations.
News
February 06, 2018
Natural gas producers who last week were basking in the strongest price environment in almost a quarter century are getting crushed.
News
February 05, 2018
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the UK and Atlantic Margin, is pleased to announce the commencement of the Fogelberg appraisal well and contingent sidetrack 6506/9-4S &4A in the Norwegian North Sea (Faroe 28.3%).
News
February 05, 2018
Otto Energy Limited has advised that the Ensco 68 drilling rig has been repositioned over the SM 71 F1 well and operations to complete the F1 as a producing well in the D5 Sand have begun. This marks the end of drilling operations which began in early December 2017.
News
February 02, 2018
Lukoil has completed the construction and commissioning of the first well at the Phase 2 of Vladimir Filanovsky field in the Caspian Sea.
News
February 01, 2018
Bowleven, the Africa focused oil and gas exploration group traded on AIM, is pleased to announce a key milestone in the appraisal drilling campaign of its Etinde asset, in which the Company holds a 25% offshore interest.
News
February 01, 2018
Panther Fluids Management is a newly formed company providing drilling fluids management services and general consulting services for drilling operators.
News
January 31, 2018
Shell Offshore Inc. has announced one of its largest U.S. Gulf of Mexico exploration finds in the past decade from the Whale deepwater well. The well encountered more than 1,400 net ft (427 m) of oil bearing pay.
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