Drilling
News
February 27, 2017
Well Control School (WCS) is announcing an alliance with Drilbert Engineering to provide advanced technical drilling operational training for the oil and gas industry.
News
February 23, 2017
The Norwegian Petroleum Directorate has granted Repsol Norge AS a drilling permit for well 6705/7-1, cf. Section 8 of the Resource Management Regulations.
News
February 21, 2017
Gazpromneft-Sakhalin, a subsidiary of Gazprom Neft, has signed a contract with Hakuryu 5, Inc. (a 100%-owned subsidiary of Japan Drilling Co., Ltd., Japan) regarding the leasing of a drilling rig for construction of a prospecting and appraisal well at the Ayashsky licence block, located on the continental shelf of the Sea of Okhotsk.
News
February 17, 2017
U.S. drillers pushed ahead on the biggest surge in oil drilling since 2012 as companies take advantage of oil prices that have held steady above $50 for almost three months.
News
February 15, 2017
Explorers look set to drill a record number of wells in Norway’s Arctic waters this year, undeterred by oil prices apparently stuck below $60/bbl.
News
February 13, 2017
Weatherford International plc announced today that its Secure Drilling Services facility in Aberdeen, Scotland, received API Specification Q2 certification — making it the first API Q2-certified facility in the United Kingdom.
News
February 10, 2017
Exxon Mobil has awarded to Pason Systems, Inc. the first global license of its patented Drilling Advisory System, a key component of the company’s Fast Drill technology suite.
News
February 09, 2017
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/1-27, cf. Section 8 of the Resource Management Regulations.
News
February 07, 2017
While oil drillers in U.S. shale basins are starting to see business come back, their offshore brethren will have to wait for prices to surge well above $60/bbl.
News
February 02, 2017
Nabors Industries Ltd. and Weatherford International plc have announced that they have signed a non-binding Memorandum of Understanding (MOU) to form an alliance focused on delivering enhanced drilling solutions to the oil and gas land market in the lower 48 states of the U.S.
News
February 01, 2017
Chairman Christi Craddick met with leadership at the Federal Reserve Bank of Dallas (Dallas Fed) this week to discuss this year's outlook for the state's oil and gas industry. According to economists with the Dallas Fed, Texas oil and gas drilling activity will increase throughout this year.
News
January 30, 2017
Drillinginfo announced a new suite of oilfield services (OFS) solutions tailored to give clients an edge over other companies. The new OFS suite delivers cutting-edge technology that is simple to use and easy to implement for any size organization. Drillinginfo took what was familiar, such as rig and permit reports, and transformed it to become interactive, flexible and customized across print, web, mobile, and email – making static reports obsolete. With Drillinginfo, data filters now present only the most relevant and actionable activity allowing OFS professionals to focus on closing deals and deliver value to their customers. This easy-to-use communication tool breaks down barriers between the field and corporate offices, creating an unprecedented level of alignment across any organization.
News
January 30, 2017
HOUSTON -- The North American upstream industry is set to stage a comeback, according to new data presented by World Oil, the premier trade publication for the international upstream industry.
News
January 30, 2017
Oil traded near $53/bbl after drilling in the U.S. climbed to the highest in more than a year, countering OPEC’s efforts to clear a supply glut.
News
January 25, 2017
ABS, the leading provider of classification and technical services to the offshore industry, has published the ABS Guide for Building and Classing Drilling Tender Barges. This new Guide outlines services and standards for the global drilling tender sector.
News
January 24, 2017
In the snowy prairies of Western Canada, not even temperatures below -40 degrees have stopped Stampede Drilling Ltd.’s 60 recently rehired workers from manning the oil-service provider’s rigs after a nine-month dry spell for the business.
News
January 23, 2017
Maersk Drilling has been awarded a new contract with Petrogas E&P Netherlands B.V. for the Maersk Resolute jackup. The firm contract covers the drilling of two wells, A8 and A9, in Block A12 on the Dutch Continental Shelf.
News
January 23, 2017
Halliburton reported fourth-quarter adjusted profit that beat analysts’ estimates after oil explorers kicked off a year-end recovery in North America where the service provider generates most of its sales.
News
January 20, 2017
Isolation Technologies, a designer and manufacturer of zonal isolation equipment, has developed the IsoTech Combo Tool to improve slurry placement with a single tool.
News
January 20, 2017
Schlumberger reported a fourth-quarter loss as oil’s slump continued to weigh on demand for drilling services.