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.

Exploration and Production 52

Exploration and Production Oil Drilling rig Consulting 52

Aresco

FEBRUARY 5, 2024

These drill bits are crucial components in the drilling process and come in different types, each suited for specific conditions. Drilling Rig: The equipment and machinery used to drill the well, including the rig itself, mud pumps, derricks, and other drilling apparatus.

Drilling rig 52

Drilling rig Exploration and Production Drilling Mud Oil 52

Oil Gas Leads

APRIL 24, 2025

Rig Count: Holding Steady in the U.S. The company operated an average of 106 drilling rigs in the U.S. The Completion Services segment , in particular, saw a year-over-year revenue decline from $945 million to $766 million, although demand rebounded strongly from Q4 lows.

Natural Gas 52

Natural Gas Gas Completion Rig Operator 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 Drilling rig Operator 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 Consulting Barrel 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

Aresco

NOVEMBER 30, 2023

What sets intangible drilling costs apart is their intangible nature, as they are related to activities and services essential for the drilling process but do not involve the acquisition of physical assets like drilling rigs or equipment. Intangible Drilling Costs Include: 1. Consulting and Professional Services 3.

Exploration and Production 52

Exploration and Production Consulting Professional Services Oil 52

Aresco

OCTOBER 25, 2023

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. Be sure and follow Aresco on LinkedIn ! Related Information Why invest in North American energy, and why now?

Downstream 52

Downstream Upstream Midstream Exploration and Production 52

Oil & Gas 360º

MAY 15, 2025

McDaniel & Associates Consultants Ltd., an independent petroleum consulting firm based in Calgary, Alberta, has evaluated the petroleum and natural gas reserves associated with Strathconas interests in Alberta, British Columbia and Saskatchewan.

BBL 130

BBL Natural Gas Oil Operator 130

Oil and Gas Investments

JUNE 11, 2025

potentially greater thicknesses and depth than earlier indicated…from independent consultants. The work undertaken by the Company, SLR Consulting (Canada) Ltd., 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.

Exploration and Production 52

Exploration and Production Completion Consulting Operator 52

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