Iraq Business News: Oil & Gas

APRIL 25, 2025

The work was conducted in coordination with national extraction companies and international oil firms operating in Iraq. He further noted that IDC remains Iraq's primary national arm in the field of oil well drilling and maintenance, supported by its accumulated expertise, a modern fleet of drilling rigs, and highly skilled personnel.

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Completion Drilling rig Engineering Engineer 59

Oil Gas Leads

JUNE 14, 2025

The report underscores a clear pivot: natural gas production growth in the Eagle Ford is expected to stall and decline into 2026 , primarily due to fewer drilling and completion activities planned by operators. Operators in the basin are prioritizing cash flow and capital returns over aggressive development.

Basin 52

Basin Dry Gas BCF Operator 52

The Energy Law

MAY 5, 2023

2023), the Texas Supreme Court held that the lessee could not invoke a force majeure clause to save its oil and gas leases when it inadvertently scheduled its operations to begin after the requisite deadline. The Court narrowed its discussion to whether MRC’s operations were “delayed by” an event of force majeure.

Spud-in 98

Spud-in Gas Oil Operator 98

Permian Basin Oil and Gas Magazine

MARCH 4, 2025

Denver-based Civitas Resources said last week it expanded its Permian Basin position with the purchase of operated assets in Howard, Glasscock and Upton counties in Midland Basin. Civitas plans to run five drilling rigs and two completion crews in Permian Basin. Chris Doyle, president and CEO, said Feb.

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Basin Drilling rig Completion Barrel 52

Oil Gas Leads

MAY 26, 2025

TheGrande Prairie Oil & Gas Operator Directory is a list of Oil & Gas operations in the Grande Prairie region home to some of Canadas top oil and gas companies in Western Canada, one of the most prolific oil and gas-producing regions in the world. Purchase Complete Directory – Only $10.00 last}@company.com).

Gas 52

Gas Oil Drilling rig Rig Operator 52

Oil Gas Leads

MAY 26, 2025

The Canada Oil Companies Directory is a compiled directory of oil & gas companies operating in Western Canada, one of the most prolific oil and gas-producing regions in the world. Purchase Complete Directory – Only $10.00 Rig Count Number of rigs operating in the U.S. last}@company.com).

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Gas Oil Drilling rig Rig Operator 52

Oil Gas Leads

MAY 7, 2025

Devon Energys first-quarter 2025 results reflect a disciplined, high-performance approach to drilling and capital deployment. With strong operational momentum, the company delivered above-guidance production and implemented early phases of its business optimization strategycutting capital while maintaining output.

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Drilling rig Energy Energy Engineering 52

Oil & Gas 360º

MAY 15, 2025

million in common shares of Tourmaline Taken together, the disposed assets generated $149 million of operating earnings in 2024 (12% of total Strathcona YE 2024 operating earnings, excluding interest and other corporate items) and had a YE 2024 proved PV-10 before-tax of approximately $2.3 Tourmaline) for $291.5

BBL 130

BBL Natural Gas Oil Operator 130

Oil Gas Leads

APRIL 24, 2025

Patterson-UTI Energy (NASDAQ: PTEN) kicked off 2025 with a steady operational performance, a strategic focus on natural gas, and an unwavering commitment to drilling innovation. 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

Permian Basin Oil and Gas Magazine

APRIL 1, 2025

12 a report that analyzes recent inventories of drilling uncompleted wells (DUCs) and the implications for 2025 budgets. DUCs provide operators with strategic flexibility, financial benefits, and operational efficiency, making them a crucial aspect of the industry’s dynamics.

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Drilling rig Basin Operator Gas 52

Oil Gas Leads

APRIL 5, 2025

The Texas Oil Company Directory is a compiled directory of oil & gas companies operating in TX, one of the most prolific oil and gas-producing regions in the world. Purchase Complete Directory Only $10.00 US Rig Count Number of rigs operating in the U.S. Email Pattern Email format used by the company (e.g.,

Oil 52

Oil Drilling rig Rig Operator Gas 52

Oil Gas Leads

APRIL 4, 2025

The United States Oil Companies Directory is a compiled directory of oil & gas companies operating in the entire US, one of the most prolific oil and gas-producing regions in the world. Purchase Complete Directory – Only $10.00 US Rig Count Number of rigs operating in the U.S. last}@company.com).

Oil 52

Oil Drilling rig Rig Operator Gas 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. Operators like Diamondback are pulling backnot because the resource isnt there, but because the price environment demands it.

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Drilling rig Engineering Engineer Completion 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.

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Drilling rig Casing Completion Operator 52

Oil Gas Leads

APRIL 29, 2025

Looking ahead, BP plans to drill around 40 exploration wells over the next three years , underscoring its ambition to expand its upstream production base. Oil Price Commentary Despite strong operational performance, BP acknowledged headwinds in the global oil markets. billion (up from $1.2 billion, impacted by a $3.4

Oil 52

Oil Exploration and Production Drilling rig Consulting 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. By grounding its operational strategy in market realities and prioritizing efficiency, Diamondback Energy is signaling a pragmatic approach for 2025.

Energy 52

Energy Energy Consulting Drilling rig 52

Oil Gas Leads

MAY 7, 2025

Coterra Energy (NYSE: CTRA) released its Q1 2025 results with clear signals of capital discipline, operational focus, and strategic realignment amidst a volatile commodity environment. Below is a deep dive into the company’s drilling activity, capex decisions, rig utilization, and state-by-state footprint for the quarter.

Basin 52

Basin Energy Energy Oil 52

Oil Gas Leads

MAY 1, 2025

Drilling segment reveals operational friction that deserves attention. Rig Churn: The Quiet Margin Killer Nabors was candid about what weighed down U.S. results: elevated rig churn. Rig churn placed pressure on utilization and operating expenses, stated CEO Anthony Petrello during the earnings call.

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Consulting Operator Drilling rig Utilities 52

Oil Gas Leads

MAY 11, 2025

In todays volatile energy landscape, shale operators are leaning into a familiar playbookone forged through cycles of boom, bust, and adaptation. oil patch are recalibrating operations and capital plans while reaffirming confidence in their long-cycle strategies built on cost discipline and optionality. $60

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Consulting Operator Management Drilling rig 52

Oil & Gas 360º

APRIL 23, 2025

Im proud to showcase Saturns ongoing operational efficiency with an average 20% well outperformance while our spending remains on budget, providing valuable flexibility in a tumultuous market, and positioning us to reallocate capital as may be needed without impacting our production guidance, said John Jeffrey, Chief Executive Officer of Saturn.

Gas 100

Gas Oil Exploration and Production BBL 100

Drillers

MARCH 31, 2021

As the situation is now, it will not be economically sustainable for operators to perform P&A operations conventionally. The best way for P&A operations to become more economically viable is through advances in technology. Category C: Drilling rigs capable of performing all well operations through marine riser and BOP.

Abandonment 52

Abandonment Workover Temporarily Abandoned Operator 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.

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Engineering Engineer Consulting Barrel 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. OCTG pipes are subject to strict manufacturing standards and are made from high-strength, corrosion-resistant materials to ensure their reliability in challenging operational environments. The main types are: 1.

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Gas Exploration and Production Oil Casing 52

Oil and Gas Investments

JUNE 11, 2025

But Giustra brought in a new operating team, and led the initial finance rounds into West Red Lake Gold Mines (WRLG-TSX) —and now, VOILA—they just announced commercial production. QA/QC Drilling at Selebi Mine Project was completed by Mitchell Drilling of Botswana utilizing a Sandvik UDR1500 and a Boart Longyear LF-160 diamond drill rig.

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Exploration and Production Completion Consulting Operator 52

The Energy Law

NOVEMBER 13, 2019

Now, however, the CBP seeks to narrow its interpretation of vessel equipment to include only items which are “necessary and appropriate for the navigation, operation or maintenance of a vessel and for the comfort and safety of the persons on board.”

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.

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Drilling rig Derrick Operator IT 52

The Energy Law

MARCH 30, 2017

In Petro-Chem Operating Co., 1] In the case, an operator initiated a concursus action seeking to resolve ownership interest in minerals underlying property on which it was operating. 21] Prior to spudding the well, the operator faced weather delays and was required to obtain a CUA permit. [22] Flat River Farms, L.L.C. ,

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Spud-in Operator IT E&A 40

Permian Basin Oil and Gas Magazine

MAY 19, 2025

Now that the United States can anticipate a spectrum of opportunities to increase production under the Trump administration, operators must weigh the prospects of a lack of infrastructure, particularly electrical power infrastructure, in remote areas of the Permian Basin. 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.

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Basin Oil Gas IT 59

Oil & Gas 360º

JUNE 11, 2025

With fewer active drilling rigs, U.S. operators will drill and complete fewer wells through 2026, the EIA estimated. Already, the number of rigs drilling for crude in the U.S. saying production has already peaked. shale production will be about 11.09

Oil 130

Oil Exploration and Production Drilling rig Barrel 130