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The First Oil Well in the World – Bibi Heybat

Aresco

This ancient oil field is widely regarded as the location of the first mechanically drilled oil well in the world, predating Drake’s well by several years. The First Oil Well in the World The first oil well in the world was Bibi Heybat, located near Baku in present-day Azerbaijan, drilled in 1846.

Oil
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EnerCom announces Liberty Energy and Baker Hughes as Keynote Speakers at the 30th annual EnerCom Denver – The Energy Investment Conference, August 17-20, 2025

Oil & Gas 360º

With 25 years of experience in North American oil and gas, Ron has also gained international expertise through work in Asia, Russia, and the Middle East. Gatti earned a degree in mechanical engineering from the University of Alberta, Canada. At Liberty, he focuses on technology innovation, service quality, efficiency, and optimization.

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Trump’s flip-flop on emergency oil reserves has its merits: Bousso

Oil & Gas 360º

The American SPR is the world’s largest emergency oil storage, able to hold 714 million barrels, or the equivalent of 35 days of U.S. oil consumption, when full. But it contained only 403 million barrels of crude oil as of July 4, according to government data, which is far below the record level of 727 million barrels reached in 2010.

Oil
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Oil Review Middle East - Untitled Article

Oil Review Middle East

Package 5 facilities will include three new oil processing trains, including separation, a desalter, dehydration, oil stabilisation system, a new seawater offshore platform, and other related utility facilities. Wood has previously completed a successful front-end engineering and design (FEED) scope for Lower Zakum.

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Baghdad Reaffirms Full Compliance with OPEC+ Agreement

Iraq Business News: Oil & Gas

According to what the Ministry described as data issued by secondary sources approved by OPEC , Iraq's crude oil production in January 2025 stood at 3.999 million barrels per day (bpd), reflecting adherence to agreed production levels. Alexander Novak, Russian Deputy Prime Minister. Haitham Al Ghais, OPEC Secretary-General.

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Third Circuit Issues Long-Awaited Ruling in OPA Liability Case

The Energy Law

The ATHOS I was contracted to deliver crude oil from Venezuela to a syndicate of CITGO interests, collectively referred to as “CARCO.” The ATHOS I successfully completed the 1,900 mile journey from Venezuela to Paulsboro, but its hull was pierced by a submerged anchor within 900 meters of its intended berth. 2701, et seq.

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Drilling Rig Systems

Rig Skills

How Drilling rig Systems Work-Complete Guide Buy Now Crown Block Crown block is top most part of mast or derrick. Draw works It have a drum on which drilling line is reel in and out to move travelling block inside mast or derrick for raising and lowering drilling string. It have number of sheaves on it.