Drilling

ConocoPhillips has reported a natural gas discovery in the Otway Basin offshore Victoria, Australia, after its Essington-1 exploration well intersected gas-bearing zones in the Waarre A and C sandstone formations.
Ranger acquires American Well Services for $90.5 million, adding 39 workover rigs and boosting its fleet by 25%.
Geophysicist Markos Sourial discusses advances in seismic imaging, the challenges of modern data processing, and what they mean for the next wave of subsurface professionals.

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