Drilling
The deal positions the merged company to benefit from an expected offshore drilling upcycle.
An earlier deal to double Israel’s gas exports to Egypt led to approval of Leviathan’s Phase 1B expansion by guaranteeing long-term cash flow to finance the project.
Rystad Energy expects the continent to account for the largest share of frontier and basin-opening wells in 2026 as operators pursue scale and untapped resources.
-
Well construction must always be executed safely at reduced operational costs, while ensuring appropriate wellbore quality and placement, per asset team requirements. Consequently, analysis of drilling efficiency, a critical performance indicator, has moved from maximizing rate of penetration to improving cycle time.
-
A supervised machine-learning algorithm is developed to classify drilling parameters that increase rate of penetration and bit endurance for use in unconventional fields in Australia.
-
The failure of the Raptor rig to drill its first-ever well offers a short history of the challenges that came with creating the first automated drilling rig.
-
Drilling automation is not “there” yet, but it no longer seems like a pipe dream.
-
This paper describes how severe rig limitations were overcome through an optimization plan in which an optimal bottomhole assembly was designed and drilling practices were customized.
-
This paper presents a methodology that aims to allows the anticipation of problems such as mechanically stuck pipe or lockup situations when running casing or completion strings in hole.
-
Schlumberger and Russia’s Gazprom Neft have agreed to jointly develop software and promote other upstream services to be commercialized across Russia and internationally.
-
The fresh investment will result in the manufacture of new drilling-related equipment to assist the national oil company in boosting production capacity.
-
Although offshore drilling demand is slowly getting better, headwinds remain.
-
Union of rival contract drillers will create one of the largest offshore rig companies.