drilling rigs
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The company said that its AD-300, a 50-m-high automated island drilling rig that walks between wells, was delivered 3 months ahead of schedule.
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A report commissioned by Havtil, the Norwegian Ocean Industry Authority, calls for better dialogue regarding pore-pressure uncertainty and higher-end drilling techniques like managed pressure drilling as methods to reduce the risk of well-control events.
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The collaboration aims to provide a dedicated land rig for geothermal wells in the US.
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Drilling experts recently shared candid views on what will be required for their segment of the upstream business to move to the next stage of development.
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No injuries were reported, and work has been suspended on the North Sea rig while the BOP is recovered.
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ExxonMobil's Jason Gahr uses the five stages of grief to explain how the upstream industry should respond to the rise of AI.
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Among the awards are contracts for four currently idle deepwater rigs.
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Westwood Energy analysts suggest operators have an opportunity to secure rigs at lower rates for their 2027 drilling programs.
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Ranger acquires American Well Services for $90.5 million, adding 39 workover rigs and boosting its fleet by 25%.
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Although the global total drilling rig supply is tightening as contractors sell off modern units for nondrilling purposes, day rates are expected to remain flat or dip in the near term, according to an analysis by Esgian.
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