Asian Oil & Gas

MAY 28, 2025

Canada-based oil and gas company Valeura Energy has completed an eight-well drilling campaign in license B5/27 in Gulf of Thailand with Borr Drillings Mist jack-up drilling rig

Drilling rig 40

Drilling rig Completion Oil Gas 40

Permian Basin Oil and Gas Magazine

MARCH 4, 2025

Civitas plans to run five drilling rigs and two completion crews in Permian Basin. Oil production for 2025 is forecast at 150,000 to 155,000 barrels per day. Civitas said slightly more than half of total capital investments will be allocated to Permian Basin with the remainder to DJ Basin.

Basin 52

Basin Drilling rig Completion Barrel 52

Oil & Gas 360º

APRIL 2, 2025

The first well was spud on April 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the Companys continued strategy to expand production and enhance operational efficiencies in the Denver-Julesburg (DJ) Basin. Drilling is expected to be completed by early June, with hydraulic fracturing commencing shortly after.

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Operator Hydraulic Fracturing Spud-in Natural Gas 130

Oil Gas Leads

MAY 26, 2025

Purchase Complete Directory – Only $10.00 Purchase Now Bonus Market Intel When you purchase this list you will receive the most recent drilling rig, new well permits and wells drilled YTD reports for Canada, This is a $30 oil & gas market intel bundle you receive at no extra cost.

Gas 52

Gas Oil Drilling rig Rig Operator 52

Oil Gas Leads

MAY 26, 2025

Purchase Complete Directory – Only $10.00 Purchase Now Bonus Market Intel When you purchase this list you will receive the most recent drilling rig, new well permits and wells drilled YTD reports for Grande Prairie. This is a $30 market intel bundle you receive at no extra cost.

Gas 52

Gas Oil Drilling rig Rig Operator 52

Oil Gas Leads

MAY 15, 2025

The company announced it would drop three drilling rigs and one completion crew in Q2 2025 , along with a $400 million reduction in full-year capital spending. That shift wasnt just wordsit came with action. But how does that translate on the ground?

Drilling rig 52

Drilling rig Engineer Engineering Oil 52

Rig Skills

MAY 26, 2020

We have following types of mud losses while well drilling on drilling rig. 3-Down hole mud losses It is the mud lost in the formation while well drilling due to high permeability, fracture or higher mud weight. Spurt losses Seepage losses Partial losses Severe losses Complete losses. This is called hole fill.

Drilling Mud 52

Drilling Mud Gas Oil Drilling rig 52

Oil Gas Leads

MAY 7, 2025

Lets break down what Devon said and did across drilling , efficiency , and regional execution. per Boe, total production cost at $12.42

Drilling rig 52

Drilling rig Energy Energy Engineer 52

Oil Gas Leads

MAY 6, 2025

This statement was followed by a planned reduction of three drilling rigs and one completion crew in Q2 2025, aligning with a $400 million cut to its full-year capital budget. The company remains agile, ready to ramp up or pull back based on pricing signals while continuing to return capital to shareholders.

Energy 52

Energy Energy Consulting Drilling rig 52

Rig Skills

MAY 24, 2020

There are two drive systems used on rotary drilling rig. In TDS drill pipe are completely round, better for BOP element. Kelly need two case hole on rig floor, Rate hole & mouse hole. In case of TDS we need only mouse hole on rig floor. These are Kelly drive and top drive system.

Drilling rig 52

Drilling rig Casing Completion Operator 52

Oil Gas Leads

APRIL 24, 2025

. “The first quarter unfolded largely as we anticipated, with steady drilling activity and a strong sequential rebound in completion demand,” said Andy Hendricks , CEO. Rig Count: Holding Steady in the U.S. The company operated an average of 106 drilling rigs in the U.S. energy sector.

Natural Gas 52

Natural Gas Gas Completion Rig Operator 52

Oil Gas Leads

APRIL 5, 2025

Purchase Complete Directory Only $10.00 Purchase Now Bonus Market Intel When you purchase this list you will receive the most recent drilling rig, new well permits and wells drilled YTD reports for Texas, This is a $30 oil & gas market intel bundle you receive at no extra cost.

Oil 52

Oil Drilling rig Rig Operator Gas 52

Oil Gas Leads

APRIL 4, 2025

Purchase Complete Directory – Only $10.00 Purchase Now Bonus Market Intel When you purchase this list you will receive the most recent drilling rig, new well permits and wells drilled YTD reports for the US, This is a $30 oil & gas market intel bundle you receive at no extra cost.

Oil 52

Oil Drilling rig Rig Operator Gas 52

Permian Basin Oil and Gas Magazine

APRIL 1, 2025

1) The number of drilled uncompleted wells (DUCs) in the last year fell faster than the drop in drilling rigs, indicated the backlog of such wells is declining. Key takeaways of the report include the following. (1)

Drilling rig 52

Drilling rig Basin Operator Gas 52

The Energy Law

MAY 5, 2023

On June 13, 2017, MRC sent force majeure letters to the lessors claiming that it experienced a delay in the well’s drilling around April 21, 2017. The lessee is also engaged in operations on an old well that will not be completed until Day 50, and it cannot begin operations on the new well until operations on the old well are complete.

Spud-in 98

Spud-in Gas Oil Operator 98

Permian Basin Oil and Gas Magazine

MARCH 24, 2025

He founded Summit Petroleum with his son Matt in 2007 and oversaw planning and development of the familys recently completed Summit Center, a 20-acre office/retail/park complex in north Midland. Summit runs two-to-three drilling rigs and has a capital budget of about $250 million.

Petroleum 59

Petroleum Basin Drilling rig Oil 59

Oil Gas Leads

APRIL 29, 2025

Quarterly Drilling Activity Comparison Q1 2024 Activity Count: 52 wells Q1 2025 Activity Count: 56 wells Year-over-Year Change: +7.7% increase This uptick suggests a slight recovery in drilling confidence, despite a softer commodity price environment.

Oil 52

Oil Exploration and Production Drilling rig Consulting 52

Oil & Gas 360º

MAY 15, 2025

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).

BBL 130

BBL Oil Natural Gas Operator 130

Oil Gas Leads

MAY 7, 2025

” Tom Jorden, CEO Drilling, Rigs & Completions Permian activity will be lowered from 10 rigs to 7 in the second half of 2025 (30% drop). Two Marcellus rigs were added in April, focused on natural gas. Capital investment in the Permian will be cut by $150 million.

Basin 52

Basin Energy Energy Oil 52

Oil Gas Leads

MAY 11, 2025

Travis Stice explained Diamondbacks recent CapEx pivot: Taking $400 million out of our capital budget and three drilling rigs and one frac spread allowed us to maximize the CapEx reduction while minimizing volume impact. When Prices Fall What Gets Cut and Why Even with resilience, operators are pulling back where necessary.

Consulting 52

Consulting Operator Management Drilling rig 52

Oil Gas Leads

MAY 1, 2025

Rig churn placed pressure on utilization and operating expenses, stated CEO Anthony Petrello during the earnings call. Operating inefficiencies from elevated rig churn primarily led to the decline in daily margins. Land Drilling Squeeze: Insights from Nabors Q1 2025 Earnings appeared first on Oil Gas Leads.

Consulting 52

Consulting Operator Drilling rig Utilities 52

Oil Gas Leads

MARCH 24, 2025

This report aims to provide a detailed analysis of the latest rig count data, production trends, regional activity, and market dynamics, offering insights into the evolving landscape of the U.S. Overall Rig Count : The total number of active drilling rigs in the U.S. Oil Rigs : Fell by 1 to 486 this week.

Engineer 52

Engineer Engineering Barrel Consulting 52

Oil & Gas 360º

APRIL 23, 2025

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.

Oil 100

Oil Gas Exploration and Production BBL 100

Aresco

OCTOBER 25, 2023

It involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs. Key Processes: Exploration, reservoir analysis, drilling, well completion, and production. Assets: Upstream assets include oil and gas fields (land and mineral rights), drilling rigs, production platforms, and wells.

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Downstream Midstream Upstream Exploration and Production 52

DIC Oil Tools

JANUARY 2, 2024

We provide the complete range of OCTG and other oil requirements with the highest quality standards in the industry. Drill Pipe: Drill pipes are heavy, seamless pipes used in the drilling process. DIC is an Exporters of OCTG Pipes Worldwide. DIC Oil Tools is a Brand by a Dedicated Impex Company.

Gas 52

Gas Exploration and Production Oil Casing 52

Drillers

MARCH 31, 2021

Category C: Drilling rigs capable of performing all well operations through marine riser and BOP. Category D: Production Drilling, with focus on completion and intervention needs. Type 1 and type 2 vessel-based approach provides cost savings compared to the contracting of a drilling rig. MODUs or cat.

Abandonment 52

Abandonment Workover Temporarily Abandoned Operator 52

The Energy Law

NOVEMBER 13, 2019

One factor the CBP proposes to use in evaluating whether an item constitutes vessel equipment is whether the item “is returned to and departs with the vessel after an operation is completed, and is not left behind on the seabed”.

Transportation 40

Transportation Operator Drilling rig E&A 40

Rig Skills

FEBRUARY 18, 2019

Drilling rig consists of following systems. Hoisting system Rotary system Circulation System Power system BOP system Monitoring system Drilling Rig Hoisting System It enable drilling rig to raise and lower working string into and out of well bore. Rotary system components are TDS or kelly and drill string.

Drilling rig 52

Drilling rig Derrick IT Operator 52

The Energy Law

MARCH 30, 2017

25] In addition, the operator was unable to move a drilling rig onto the wellsite due to weather in February 2004, and as a result, the operator had to pay standby time for the rig. [26] Here, it is clear from the language of the statute that a notarial affidavit of correction may correct only a “clerical error.”

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Spud-in Operator IT E&A 40

Permian Basin Oil and Gas Magazine

MAY 19, 2025

Besides the need for more juice to drive drilling activity (yes, Im talking about electricity powered drilling rigs), electrification of completion, production, compression, and transport operations is also growing the increasing power demand in the region. Experts are scrambling to determine how to deliver that power.

Basin 59

Basin Natural Gas Gas Operator 59

Oil & Gas 360º

MARCH 28, 2025

One executive quoted in the Dallas Fed survey said the Trump administrations tariffs had raised costs for casing and tubing by 25% immediately, warning the knock-on effects will force producers to drop drilling rigs and decrease employment.

E&P 130

E&P Drilling rig Casing Completion 130

Permian Basin Oil and Gas Magazine

MAY 5, 2025

Its Permian counties account for 95 percent of New Mexicos total production, with the rest coming from the San Juan Basin on the complete opposite side of the state. But Miller expressed doubt that the far left could ever be satisfied by anything short of the industrys complete demise. The Keep It in The Ground movement comes to mind.

Basin 59

Basin Oil Gas IT 59