Drilling rig Energy Exploration and Production 
Oil & Gas 360º
APRIL 15, 2025
(Oil & Gas 360) ~20,000 net acres Significant multi-bench drilling inventory Upsize of USEDCs syndicated revolving credit facility led by Citibank, N.A. USEDC plans to run a dedicated drilling rig on the acquired acreage, making this acquisition a key component of USEDCs 2025 plan to invest up to $1 billion in U.S.
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.
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Valor
JUNE 23, 2025
Read more US oil rig count down by 1, says Baker Hughes Summary : For the week ended June 20, the total U.S. active drilling rig count fell by 1 to 554, marking a continued decline and sitting 34 rigs below the count from the same time last year. holds a key weapon in its massive shale energy output.
DIC Oil Tools
JULY 10, 2024
Drill pipes are the unsung heroes of the oil and gas industry, essential in the exploration and extraction of fossil fuels from deep within the earth. Let’s delve into what makes drill pipes so crucial and how they contribute to this complex process. What Are Drill Pipes? Why choose DIC Oil Tools for Drill Pipe?
Texron Operating
MAY 17, 2023
From Drill Bits to Drones: Innovations in Texas Oil and Gas Production Introduction: As the energy demand continues to grow, so does the need for more efficient and sustainable oil and gas production methods. As automation and AI transform production processes, machines will likely replace some jobs.
Oil & Gas 360º
APRIL 2, 2025
The first well was spud on April 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the Companys continued strategy to expand production and enhance operational efficiencies in the Denver-Julesburg (DJ) Basin. Drilling is expected to be completed by early June, with hydraulic fracturing commencing shortly after.
Oilfield Technology
JUNE 26, 2025
Now a common practice globally, MPD is advancing novel methods and technologies that will push drilling beyond the conventionally un-drillable — and into the next frontier of subsea exploration. Rather than repurpose legacy equipment, the riser joint is purpose-built to be a custom solution for more efficient MPD operations.
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