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GPC Operates Modern Drilling Rigs in Eastern Desert, To Drill 75 Oil Wells in One Year

Egypt Oil & Gas

The new drilling rigs boast high operational efficiency, faster well completion, and easy mobility between sites at a lower costenhancing the execution of plans in a more efficient and cost-effective manner, said Mohamed Abdel Mageed, Chairman of GPC, in a report to the Ministry of Petroleum and Mineral Resources.

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Strathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal

Oil & Gas 360º

Updated Guidance and Long-Range Plan Upon completion of the Montney dispositions, Strathcona will be a pure-play heavy oil company producing approximately 120 Mbbls / d (100% oil, 95 Mbbls / d thermal, 25 Mbbls / d conventional) with a 50-year 2P reserve life index and positive net cash (including marketable securities).

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Type of mud losses while oil and gas well drilling

Rig Skills

We have following types of mud losses while well drilling on drilling rig. Spurt losses Seepage losses Partial losses Severe losses Complete losses. Spurt losses These are spontaneous mud loss into formation as the formation is exposed to drilling fluid before filter cake is build up on wall of wellbore.

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Saturn Oil & Gas Inc. provides Q1/25 capital program update and accelerates debt repayment with US$15 million senior note repurchase and cancellation

Oil & Gas 360º

net) wells were drilled in southeast Saskatchewan, six (1.2 By the end of the period, all wells had been successfully completed, equipped and tied-in, with IP30 rates available on the majority of wells brought on production. A total of 26 (22.3 net) wells in West Saskatchewan and one (1.0 net) well in Alberta. GJ to $3.35/GJ.

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