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.

Exploration and Appraisal 52

Exploration and Appraisal Hydraulic Fracturing Exploration and Production Oil 52

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.

Basin 52

Basin Operator Oil Gas 52

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.

Consulting 52

Consulting Energy Energy Basin 52

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.

Drilling rig 52

Drilling rig Operator BBL Petroleum 52