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ConocoPhillips & PD 868: Robotics Redefining Drilling in the Canada

Oil Gas Leads

Location: British Columbia & Alberta | Precision Drilling Partnership The Montney formation — long known for its stacked resource potential — is now becoming equally famous for technological innovation. 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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Logistics Management in the oil and gas industry

Oil Gas Leads

Given the sector’s complexity and geographical spread—from remote drilling rigs to refineries and distribution terminals—logistics is a key driver of efficiency and profitability.

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CNX Resources Q2 2025: A Masterclass in Operational Efficiency

Oil Gas Leads

As of mid-year 2025, CNX has drilled 11 wells across Washington and Westmoreland Counties, Pennsylvania , using Precision Drilling Rig 575 exclusively. CNX turned-in-line eight wells (five Marcellus, three Utica), driving quarterly production that supported a reduction in fully burdened cash costs to $1.05

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Seatrium: first turnkey FPSO delivery to Petrobras

Oilfield Technology

Seatrium has a strong track record of delivering vital projects for Brazil and Petrobras, including FPSOs, floating production units, Floating Storage Regasification Units, drilling rigs, and accommodation vessels, all pivotal to Brazil’s robust energy infrastructure.

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ConocoPhillips announces oil find at Slagugle discovery in Norwegian Sea

Oilfield Technology

The appraisal well was drilled approximately 22 km north-east of the Heidrun field and 270 km north of Kristiansund. It is the third exploration well drilled in production licence 891, which was awarded during the Awards in Predefined Areas (APA) in 2016.

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All About Drill Pipe: What You Need to Know

DIC Oil Tools

A drill pipe is a sturdy, hollow steel tube designed for use in oil and gas well drilling. It links the surface drilling rig to the drill bit located deep underground. Its main roles are to rotate the drill bit and deliver drilling fluid (also called mud) down the borehole.

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Oklahoma Operations of Key Oil & Gas Companies (2025)

Oil Gas Leads

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.