Offshore Engineer

MARCH 13, 2025

Salunda, a provider of digitized solutions for safety critical industries, has launched the Latch Hawk 2 fingerboard latch monitoring device to improve safety during

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Drilling rig 75

Oil Gas Leads

JUNE 19, 2025

Service Synergy from Midland/Delaware Despite not operating in those basins, Blackbeard benefits from proximity to their oilfield supply hubs.

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Basin Consulting Drilling rig Completion 52

Offshore Engineer

APRIL 7, 2025

Lime Petroleum, a subsidiary of Rex International, has signed a contract with Borr Drillings affiliate Borr Gerd Limited for a jack-up drilling rig, which will

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Drilling rig Petroleum 76

Offshore Engineer

MAY 23, 2025

Malaysias oil and gas services firm Velesto has secured a new drilling contract for its NAGA 8 jack-up drilling rig offshore Indonesia.The contract has been awarded by PC Ketapang II

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Drilling rig Offshore Gas Oil 68

Offshore Engineer

MAY 20, 2025

Malaysias oil and gas services firm Velesto has secured a drilling contract by Phu Quoc Petroleum Operating Company (PQPOC) for its NAGA 4 jack-up drilling rig

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Drilling rig Offshore Petroleum Operator 75

Offshore Engineer

MAY 28, 2025

Canada-based oil and gas company Valeura Energy has completed an eight-well drilling campaign in license B5/27 in Gulf of Thailand with Borr Drillings Mist jack-up drilling rig

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Drilling rig Completion Gas Oil 63

Offshore Engineer

MAY 13, 2025

Saudi Arabian state-owned oil giant Aramco has signed contract extension with ARO Drilling, its 50-50 joint venture with Valaris, for five jack-up drilling rigs

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Drilling rig Oil IT 69

Offshore Engineer

JUNE 9, 2025

Noble and Green Yard have entered into a contract for a scheduled yard stay for the ultra-deepwater semi-submersible drilling rig Ocean GreatWhite, owned by Noble Corporation…

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Drilling rig Maintenance 45

Iraq Business News: Oil & Gas

APRIL 25, 2025

The Iraqi Drilling Company (IDC) has announced the successful drilling of 13 new oil wells and the rehabilitation of 53 others across various oilfields, covering the period from January to 21st April 2025. Source: Ministry of Oil) The post Iraqi Drilling Company Completes 13 New Wells first appeared on Iraq Business News.

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Completion Drilling rig Engineer Engineering 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. The Eagle Ford won’t be a growth engine in that mix. dry gas production outlook. “We

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Basin Dry Gas BCF Operator 52

Oil Gas Leads

MAY 7, 2025

Lets break down what Devon said and did across drilling , efficiency , and regional execution. We stayed focused on capital allocation, prioritizing high-return investments… with a resilient portfolio positioned to thrive in any market environment.

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Drilling rig Energy Energy Engineer 52

DIC Oil Tools

JULY 10, 2024

Let’s delve into what makes drill pipes so crucial and how they contribute to this complex process. What Are Drill Pipes? Drill pipes are long, hollow steel tubes that form a key part of the drill string used in drilling rigs.

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Oil Drilling rig Gas Exploration and Production 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. In a volatile market, the drill bit slowsand spreadsheets take the wheel. That shift wasnt just wordsit came with action. But how does that translate on the ground?

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Drilling rig Engineer Engineering Oil 52

Oil Gas Leads

JUNE 11, 2025

This plan represents a continued, albeit measured, program – likely equating to about 1–2 drilling rigs running. Indeed, industry data indicates Ovintiv added an extra rig in Oklahoma early 2025 as gas prices improved.) Correspondingly, Ovintiv has budgeted roughly $300–$325 million of capital to Oklahoma (Anadarko) in 2025.

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Operator Gas Oil Basin 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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Engineer Engineering Consulting Barrel 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. The company remains agile, ready to ramp up or pull back based on pricing signals while continuing to return capital to shareholders.

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Energy Energy Consulting Drilling rig 52

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.

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Oil Exploration and Production 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.

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Drilling rig Exploration and Production Drilling Mud Oil 52

Oil Gas Leads

MARCH 15, 2025

Heres a look at the top-performing rigs: Patterson 345 9 wells Patterson 563 8 wells Patterson 572 8 wells Patterson 814 8 wells Patterson 876 7 wells Patterson 806 7 wells Patterson 812 7 wells Patterson 273 7 wells Patterson 247 6 wells Patterson 565 6 wells Conclusion Patterson Drilling continues to play a vital role in U.S.

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Drilling rig Oil Basin Operator 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.

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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.

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Consulting Operator Drilling rig Utilities 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.

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Consulting Operator Management Drilling rig 52

Oil Gas Leads

MARCH 11, 2025

For instance, one rig might report, TOOH f/xxx to BHA, while another writes, TOOH for DTF f/xxx. These inconsistencies make it difficult to compare performance across different wells and rigs. Without a standardized format for trips, drilling, rig moves, and downtime, cross-referencing and troubleshooting issues become much harder.

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Gas Oil Operator Basin 52

DIC Oil Tools

JULY 13, 2024

Premium connections, unlike regular ones, utilize precisely engineered threads and meticulously constructed seals within tight tolerances. The threaded pipe ends, often featuring premium threads, must endure accidental impacts during loading from the mill to the wellsite, as well as during on-site cleaning and inspection.

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Transportation Drilling rig Oil Utilities 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.

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Exploration and Production Consulting Professional Services Oil 52