Drilling
The Federal Reserve Bank of Dallas’ fourth-quarter energy survey shows that oil prices and geopolitical uncertainty are curbing enthusiasm heading into the new year.
A field test study examines micro turbine drilling in a clay formation that allows steel casing and formation to be drilled in a single operation.
The discovery in the Kutei Basin offshore Indonesia is being considered for fast-track development.
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E&P independent Energean has awarded Halliburton a contract to provide services for drilling up to five wells offshore Israel in collaboration with Stena Drilling. -
The obsession with better hydraulic fracturing has steadily pushed on shale production in year one, but the decline remains steep. Chemistry could help explain, and perhaps extend, the short productive life of these wells.
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ADNOC will purchase eight FlexRigs while H&P invests in ADNOC Drilling’s planned public offering.
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SponsoredExtended reach wells provide access to otherwise inaccessible areas, improve production and reduce footprint. Advancements in completion technology allow producers to eliminate coiled tubing, perforation guns and milling out operations to lower project risks, costs, and environmental impact.
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In a natural pivot from oil and gas E&P, former oilfield executives are taking up the hunt for helium. Helium is used in a wide variety of products, such as rocket ships and computer chips, and, while there is still plenty left to find on Earth, finding quality commercial quantities can be a difficult task and reserves are running low.
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SponsoredBefore you pump materials down your well, be sure you fully understand the effectiveness of your friction reducers and gas migration slurries.
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The impact of orphan wells, both on the environment and on tightening budgets, is a growing concern in the industry. Boom times result in a vast uptick in wells drilled. In bust times, when companies disappear, the liability outlook for these probes gets murky and federal and state governments start looking for answers.
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Extended-reach drilling is becoming more of a mainstream technology as the industry seeks to squeeze difficult reserves and reduce the footprint of projects in fragile environments.
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Cube drilling was an exciting idea several years ago. Since then, the luster seems to have faded. Now, production software company Novi Labs says machine learning may bring life back to the concept.
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The deal adds 16 super-spec land rigs to Patterson UTI’s domestic fleet and will result in the sale of Pioneer’s well service business.
