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, Fortín de Piedra (Tecpetrol) led with 19.1

Basin

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

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.

Drilling rig

Oil & Gas 360º

MAY 15, 2025

Non-GAAP financial measures and ratios are used internally by management to assess the performance of the Company. Management uses this metric to isolate the revenue associated with the Companys production after accounting for the unavoidable cost of blending. McDaniel & Associates Consultants Ltd., and www.strathconaresources.com.

BBL

Oil & Gas 360º

APRIL 23, 2025

With produced water now available for flooding the Oungre, we have introduced approximately 3,000 bbl/d of injection and were able to suspend a source water well that is expected to save an estimated $250,000 per year in operating costs. GJ to $3.35/GJ.

Gas

Rig Skills

MAY 26, 2020

We have following types of mud losses while well drilling on drilling rig. Seepage losses These are down hole losses ranging from 2 to 10 bbl per hour. Partial losses are easy to manage as drilling rig mud system mixing hopper is capable to build up more mud to continue drilling.

Drilling Mud

Rextag

JUNE 2, 2025

Permian Growth Isnt OverYet Despite a reduction in drilling rigs driven by weaker oil prices, production in the Permian is still increasing. By 2030, this elite group of seven companies will hold nearly all remaining inventory with breakeven prices below US$45/bbl WTI. million b/d. What Are the Strategic Options for the 2030s?

Basin