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ConocoPhillips announces oil find at Slagugle discovery in Norwegian Sea

Oilfield Technology

The Deepsea Yantai drilling rig, operating in a water depth of 341 m, was utilised for the drilling. A successful formation test was completed, achieving a maximum production rate of 650 standard m 3 of oil per flow day through a 36/64 in. After the completion of operations, the well was permanently plugged and abandoned.

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Patterson-UTI Energy Q1 2025: Steady Rigs, Tech-Driven Efficiency, and a Natural Gas-Powered Future

Oil Gas Leads

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. In Completion Services, the company expanded its Emerald line of 100% natural gas-powered assets , contributing to 80% of its active fleet being gas-capable.