article thumbnail

Know Mostly used Drilling Rig Acronyms

Rig Skills

Drilling rig operation report also called daily drilling report or DDR contain several acronyms. Let see some mostly used acronyms in oil and gas drilling rig operational game plan and daily drilling report. These acronyms minimize drilling report size and make it easy to read and understand.

article thumbnail

1/4 Century: What Was the Oil and Gas Industry Like in the Early 2000s? Part 2

Rextag

billion barrels of recoverable oil , a staggering prospect that set the stage for the U.S. million barrels of oil equivalent per day (boe/d) globally. Expanded operations in Alaska and the North Sea, pushing the boundaries of deepwater exploration. million barrels of oil equivalent by 2005. shale revolution.

article thumbnail

How Energy Giants Performed in Q1 2025: A Breakdown of Equinor, BP, Hess, and NOG

Rextag

Equinor Q1 2025 Performance Total Equity Production: 2,123 mboe/day Equinors total equity production in the first quarter of 2025 was 2,123 thousand barrels of oil equivalent per day (mboe/d). This represents a slight decline compared to 2,164 mboe/d in Q1 2024 a decrease of about 1.9%. increase from 1,056 mb/d in Q1 2024.