Drilling
Industry forecasts point to increasing upstream expenditure and production, even as geopolitical volatility and smaller discoveries challenge project economics.
Industry fundamentals continue to strengthen as rising utilization and scarce replacement capacity support higher rig valuations.
This edition highlights three offshore technology papers that address a common industry theme: how targeted engineering solutions can reduce uncertainty, shorten operations, and make technically constrained offshore well activities more executable.
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The Oklahoma independent agreed to acquire the assets of three private companies in its quest to scale up in the Permian's Delaware Basin. -
The heated global floating rig market has day rates for high-end units climbing over a half million dollars and toward a newbuild cycle that will (likely) never come.
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The winners of this year’s Drillbotics competition are teams from the University of Stavanger and Clausthal University of Technology. Thirteen teams registered last fall, coming from seven countries spanning four continents.
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The UAE's biggest oil company said it has successfully delivered a pair of geothermal wells to help power cooling systems in Abu Dhabi.
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The Caspian Sea's newest platform is equipped with automation technology and will be controlled remotely from an onshore station.
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Uganda is on course to become the newest African oil exporter by 2025.
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The US onshore business is looking flat at the moment, though these sorts of predictions are prone to sudden shifts.
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The US-based drilling contractor is buying the drilling technology company just three weeks after announcing a merger with NexTier Oilfield Solutions.
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CNPC’s record-breaking 11,100-m exploration borehole in the Taklamakan Desert promises to unlock the science of producing oil and gas trapped in the world’s deepest reservoirs.
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A flurry of activity has resulted in several long-term contract extensions.
