Completion Drilling rig Engineering 
Oil Gas Leads
JUNE 19, 2025
Location: British Columbia & Alberta | Precision Drilling Partnership The Montney formation — long known for its stacked resource potential — is now becoming equally famous for technological innovation. At the forefront is PD 868 , North America’s first land-based drilling rig equipped with modular robotics to automate pipe handling.
Oil Gas Leads
JUNE 21, 2025
Given the sector’s complexity and geographical spread—from remote drilling rigs to refineries and distribution terminals—logistics is a key driver of efficiency and profitability.
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Oil Gas Leads
JULY 24, 2025
As of mid-year 2025, CNX has drilled 11 wells across Washington and Westmoreland Counties, Pennsylvania , using Precision Drilling Rig 575 exclusively. CNX turned-in-line eight wells (five Marcellus, three Utica), driving quarterly production that supported a reduction in fully burdened cash costs to $1.05
Oilfield Technology
JULY 16, 2025
Upon completion, the P-78 will transit to the Buzios field, where Seatrium will conduct the final phase of offshore commissioning works. All rights reserved | Tel: +44 (0)1252 718 999 | Email: enquiries@oilfieldtechnology.com
Oilfield Technology
JUNE 20, 2025
The well was drilled to delineate the discovery confirmed in well 6507/5-10 S (Slagugle) and to perform a formation test to gain a deeper understanding of the reservoir properties and connectivity within the hydrocarbon-bearing layers. The Deepsea Yantai drilling rig, operating in a water depth of 341 m, was utilised for the drilling.
Oil Gas Leads
JUNE 11, 2025
This plan represents a continued, albeit measured, program – likely equating to about 1–2 drilling rigs running. Indeed, industry data indicates Ovintiv added an extra rig in Oklahoma early 2025 as gas prices improved.) Correspondingly, Ovintiv has budgeted roughly $300–$325 million of capital to Oklahoma (Anadarko) in 2025.
Oil Gas Leads
JULY 14, 2025
Rig Optimization: Despite fewer rigs (reduced from five to four), accelerated drilling speed and improved completion efficiency are keeping production targets intact. Looking Ahead With a sharp pivot back to hydrocarbons and a clear-eyed focus on capital efficiency, BPX is emerging as a key growth engine for BP.
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