drilling rigs

Operator TotalEnergies and rig owner Vantage Drilling form joint venture to purchase the Tungsten Explorer.

Leading drilling consultant John de Wardt separates hype from reality and explores what’s ahead in this interview with JPT.

Oil price visibility, projects competing for funds, and regional market softness are all factors resulting in muted demand for deepwater rigs this year.

The drilling contractor is spending big to deploy natural-gas-powered microgrids and battery storage.

Driller expects $370 million, all-stock transaction to close in early 2025.

This paper describes a new application that leverages advanced machine-learning techniques in conjunction with metocean forecasts to predict vessel motions and thruster loads.

Over the past 75 years, drillers have gone from the Stone Age to the Space Age when it comes to technological improvements in well construction methods. Yesterday’s crude wood and iron drilling techniques have given way to today’s video game-inspired controls and robotic assistance—much of which migrated from offshore applications. These advancements have driven costs…

Since the late 1930s, the offshore industry has advanced from the first platform in 14 ft of water to the ultradeepwater 20K era. Driven by seismic, drilling, and development breakthroughs, the industry has pushed into deeper waters, high-pressure reservoirs, and new frontiers like Guyana, continually expanding the limits of offshore exploration.

The operator will utilize drillship Deepwater Invictus for both development and exploration drilling under a 3-year pact.

The acquisition marks a significant step forward in H&P’s international expansion strategy.