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ConocoPhillips & PD 868: Robotics Redefining Drilling in the Canada

Oil Gas Leads

This system eliminates the need for traditional floor and derrick hands during connections, relying instead on a three-armed robotic system that performs tasks with precision, speed, and safety. At the forefront is PD 868 , North America’s first land-based drilling rig equipped with modular robotics to automate pipe handling.

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Salunda expands Latch Hawk rollout with new offshore deployment

Oilfield Technology

Integrated with the drilling control system on the rig, Latch Hawk provides real-time feedback on the status of fingerboard latches located within the drilling derrick, acting as a critical safety barrier to DROPS incidents on drill floors. Consequently, operators in the region have observed a decrease in incidents involving fingerboards."

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The Economic Impact of Oil and Gas in Texas

Texron Operating

Igniting Prosperity: An Insight into the Economic Influence of Oil and Gas in Texas A pivotal component of the Texan economic landscape, the oil and gas sector has been fueling the state’s growth engine for decades. Texas’s oil and gas industry powers economic growth and enriches the state’s cultural tapestry.

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What It’s Like To Work On An Offshore Oil Rig

Drillers

In 2015, this portion was 30%. Now, it is in all likelihood more significant with several recent discoveries made in Brazil, Norway, and Guyana , among others. Offshore oil activity is growing, and so is a demand for the workforce on the platforms that pump it out. But it could be highly rewarding work, with solid career growth opportunities.

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What are Tangible Drilling Costs?

Aresco

Drilling Rig: The equipment and machinery used to drill the well, including the rig itself, mud pumps, derricks, and other drilling apparatus. Intangible Drilling Costs (IDC) represent non-physical expenses, such as labor, surveying, and engineering, which are also deductible but treated separately from TDC in tax calculations.

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Made In The Permian Basin

Permian Basin Oil and Gas Magazine

By contrast, OSIs centralized operations allow for shorter feedback loops, faster product improvements, and closer collaboration between engineers, chemists, and machinists. Derrick Black Recently I toured OSIs manufacturing facility in Odessa with Derrick Black, who oversees the firm’s Business Development department.

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