Oil & Gas Journal
JULY 28, 2025
That month also saw 42 active drilling rigs, with 83% targeting shale formations. YPF operated 12 rigs across its key blocks. bbl, while conventional basins report costs of US$28-35/bbl, channeling upstream investment toward shale plays. On the gas side, FortÃn de Piedra (Tecpetrol) led with 19.1
Oilfield Technology
JUNE 20, 2025
million bbl of oil equivalent in Triassic reservoir rocks. The appraisal well was drilled approximately 22 km north-east of the Heidrun field and 270 km north of Kristiansund. It is the third exploration well drilled in production licence 891, which was awarded during the Awards in Predefined Areas (APA) in 2016.
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Oil Gas Leads
JULY 14, 2025
These assets are pivotal to boosting black oil production to a projected 100,000–120,000 bbl/d. Rig Optimization: Despite fewer rigs (reduced from five to four), accelerated drilling speed and improved completion efficiency are keeping production targets intact.
Oil Gas Leads
JUNE 30, 2025
Here are the five biggest trends to watch: Permian Basin Account Directory – $10 Buy Now Includes: Account Name, Location, Phone, Website, Wells Drilled…… 1. In Q2 2025, the company dropped three drilling rigs and one completion crew, shaving $400 million off its capital budget.
Egypt Oil & Gas
APRIL 20, 2025
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.
Rig Skills
MAY 25, 2020
Drilling rig operation report also called daily drilling report or DDR contain several acronyms. These acronyms minimize drilling report size and make it easy to read and understand. Without these abbreviation drilling report will look massive text contents and reader will feel boring.
Oil & Gas 360º
MAY 15, 2025
All boe conversions in this press release are derived by converting gas to oil at the ratio of six thousand cubic feet (mcf) of natural gas to one barrel (bbl) of crude oil. Boe may be misleading, particularly if used in isolation. USD-CAD and C$3 / GJ AECO.
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