Drilling
News
May 10, 2017
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the UK and Atlantic Margin, has announced that all relevant consents have been received for the drilling of an appraisal well 31/7-2S on the Brasse discovery (Faroe 50%).
News
May 10, 2017
When one of the biggest crude producers in Iraqi Kurdistan downgraded reserves in March, doubts about the economic potential of the region -- a key player in the fight against Islamic State terrorism -- deepened. But evidence suggests it’s too soon to write off the emerging oil province.
News
May 08, 2017
Weir Oil & Gas, a leading upstream provider of pressure pumping and pressure control equipment and services, announced it has developed real-time measurements and automated controls to enhance safety, reduce non-productive time, and to enable operators to make more informed, faster decisions.
News
May 05, 2017
Azinor Catalyst Limited (Catalyst), the Seacrest Capital Group-backed E&P company focused on the United Kingdom Continental Shelf (UKCS), has announced that it has awarded a rig contract to Diamond Offshore Drilling (UK) Limited for the Ocean Guardian semisubmersible rig to drill two operated wells during third-quarter 2017.
News
May 04, 2017
Vallourec has launched a new drill pipe connection designed to drill in the most challenging environments. The new connection is called VAM X-Force, and it was developed to push the limits of existing technologies to reach deeper, more remote hydrocarbon reservoirs.
News
May 04, 2017
ExPert Riser Solutions, located at the gateway to the Gulf of Mexico in Port Fourchon, La., is now an Authorized Repair Center for Trelleborg’s offshore operation, expanding and improving its Drill Riser Buoyancy Module (DRBM) repair offering.
News
May 04, 2017
The Norwegian Petroleum Directorate has granted Faroe Petroleum Norge AS a drilling permit for well 31/7-2 S, cf. Section 8 of the Resource Management Regulations.
News
May 03, 2017
Baker Hughes Incorporated has announced the commercial release of its Dynamus extended-life polycrystalline diamond compact (PDC) drill bit, which can significantly reduce drilling costs by eliminating trips to replace bits or bottomhole assembly (BHA) tools that wear out in high horsepower drilling operations.
News
May 03, 2017
With the oil industry barely recovering from its most brutal slump in decades, you might expect the Arctic Ocean to be the last place explorers would hunt for new discoveries.
News
May 03, 2017
Schlumberger has launched the new SpectraSphere fluid mapping-while-drilling service at OTC 2017.
News
May 02, 2017
Probe Holdings, Inc., a technology firm that designs, manufactures and sells well logging and reservoir monitoring tools and systems for the oil and gas industry, announced that it is expanding its range of I-Wheel downhole conveyance optimization tools.
News
May 01, 2017
Today at the 2017 Offshore Technology Conference, Weatherford International plc announced the commercial release of a premium version of the RipTideRFID drilling reamer that incorporates advanced cutter technology.
News
April 28, 2017
The Petroleum Services Association of Canada (PSAC), in its second update to the 2017 Canadian Drilling Activity Forecast, announced its revision of the forecasted number of wells drilled (rig released) across Canada for 2017 to 6,680 wells.
News
April 28, 2017
The American Petroleum Institute’s Global Industry Services department (API Global) released two new safety standards: API Standard 16AR - Standard for Repair and Remanufacture of Drill-through Equipment and API Standard 18LCM - Product Life Cycle Management System Requirements for the Petroleum and Natural Gas Industries.
News
April 28, 2017
President Donald Trump is moving aggressively to expand offshore oil drilling and to reconsider rules that safeguard the activity.
News
April 27, 2017
While President Donald Trump’s plan to cut corporate income taxes could save oil and natural gas explorers $13 billion a year, it jeopardizes tax breaks that may mean even more to U.S. shale drillers.
News
April 25, 2017
Samaraneftegaz, a Rosneft subsidiary, started 3D seismic exploration works in six blocks acquired in 2016. Drilling sites for prospecting and exploratory wells will be defined based on the results of these works.
News
April 25, 2017
The first-ever, multi-hole “fishbone” well involving multiple horizontal branches has been drilled and commissioned at the Prirazlomnaya offshore rig — the only project on the Russian Arctic shelf at which commercial oil production is currently ongoing.
News
April 24, 2017
Lundin Norway AS, operator of production licence 338, has completed the drilling of appraisal well 16/1-27 at Edvard Grieg field in the central part of the North Sea.
News
April 21, 2017
Exxon Mobil Corp. won’t be allowed to bypass U.S. sanctions against Russia to resume drilling for oil in a joint venture that seeks to tap billions of barrels of that country’s crude.
News
April 20, 2017
Statoil is the operator for production license 532 in the Barents Sea and has received consent to drill exploration well 7219/9-2 in a prospect named Kayak.
