Oilfield Technology

MARCH 13, 2025

Salunda has announced it has launched the Latch Hawk 2 fingerboard latch monitoring device, with the aim of preventing dropped objects and improving safety during pipe handling on offshore drilling rigs.

Drilling rig 52

Drilling rig Offshore IT 52

Keystone Energy Tools

SEPTEMBER 5, 2024

Working on a drilling rig is a complex and inherently hazardous occupation, requiring a meticulous approach to safety. With numerous risks present at every stage of the operation, it is imperative to prioritize safety as the foundation of all activities on the rig.

Drilling rig 52

Drilling rig Gas Oil Energy 52

Egypt Oil & Gas

APRIL 20, 2025

The new drilling rigs boast high operational efficiency, faster well completion, and easy mobility between sites at a lower costenhancing the execution of plans in a more efficient and cost-effective manner, said Mohamed Abdel Mageed, Chairman of GPC, in a report to the Ministry of Petroleum and Mineral Resources.

Drilling rig 52

Drilling rig Operator Petroleum BBL 52

Permian Basin Oil and Gas Magazine

MAY 27, 2025

with declining counts of active oil and gas drilling rigs. Baker Hughes said in its report of May 23 there were 279 rigs in Permian Basin down 3 from 282 in the past week and down 33 or 11 percent from 312 a year ago. 3 among states with 53 rigs (down 2) followed by Louisiana and North Dakota each with 30.

Drilling rig 52

Drilling rig Basin Oil Gas 52

Permian Basin Oil and Gas Magazine

APRIL 22, 2025

Baker Hughes reported little new activity among operators in Permian Basin, Texas and New Mexico in its weekly report of drilling rigs for April 17. There were 289 rigs in Permian Basin (289 week ago, 318 year ago), 274 in Texas (274 week ago, 296 year ago) and 100 in New Mexico (100 week ago, 108 year ago).

Drilling rig 52

Drilling rig Basin Operator Oil 52

Permian Basin Oil and Gas Magazine

APRIL 8, 2025

Permian Basin extended its losing streak to five weeks in Baker Hughes latest weekly drilling rig report. As of April 4, there were 294 active rigs in Permian Basin (down 3 from 297 previous week, down 23 from 317 year ago). The high count for Permian this year was 305 as of Feb. 28 after which the current streak started.

Drilling rig 52

Drilling rig Basin Oil Gas 52

Oil Gas Leads

JUNE 19, 2025

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.

Derrick Hand 52

Derrick Hand Drilling rig Consulting Derrick 52

Oil & Gas 360º

MAY 12, 2025

(World Oil) –The drilling unit of the United Arab Emirates biggest oil company expects to make three acquisitions in the second half of this year totaling about $500 million, as it expands in technology and hardware to bolster growth. The third will be a purchase of drilling rigs as the company expands in the Middle East.

Drilling rig 130

Drilling rig Oil IT 130

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. The position includes a substantial proved producing component and multi-year drilling inventory to supplement the firms existing footprint in the area. oil and gas properties.

E&P 189

E&P Exploration and Production Energy Energy 189

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

Drilling rig 68

Drilling rig Offshore Oil Gas 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

Drilling rig 75

Drilling rig Offshore Petroleum Operator 75

Rigzone

APRIL 18, 2025

USEDC said it plans to run a dedicated drilling rig on the acquired acreage.

Drilling rig 67

Drilling rig Basin IT 67

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

Drilling rig 68

Drilling rig Oil IT 68

Permian Basin Oil and Gas Magazine

APRIL 18, 2025

Energy Development said the deal includes a proved producing component and expands the companys Permian holdings while increasing its multi-bench, multi-year drilling inventory. USEDC plans to run a dedicated drilling rig on the new assets. Fort Worth-based U.S. Energy Development Corp.

Drilling rig 95

Drilling rig Energy Energy Basin 95

Asian Oil & Gas

APRIL 8, 2025

Offshore drilling contractor Borr Drilling has secured new contract commitments for three of its premium jack-up rigs, with other rigs in its fleet also preparing for drilling jobs across the world

Drilling rig 40

Drilling rig IT Offshore 40

Rigzone

APRIL 24, 2025

plans to drop one of its nine drilling rigs by the middle of the year in response to plunging crude prices. Texas shale-oil company Matador Resources Co.

Drilling rig 62

Drilling rig Oil IT 62

The Energy Law

MAY 10, 2016

D&D alleged that Pritchard, an employee of Alliance, which XTO retained to operate the rig, failed to ensure that sufficient drilling mud was on hand at the rig, and that the lack of sufficient drilling mud caused a well blow out and subsequent fire that destroyed the rig in LaSalle Parish. 2d 12, 18-19 (La.

Drilling rig 40

Drilling rig Drilling Mud Casing Sustainable 40

Oil Gas Leads

JUNE 19, 2025

Location : Central Basin Platform (CBP), West Texas Permit Authority (PA) : Texas Railroad Commission Operator : Blackbeard Operating, LLC Activity : Horizontal Development & Pad Drilling Rig Count (Summer 2025) : 4 active rigs Net Production (Q1 2025) : >40,000 boe/d Wells Drilled YTD (2025) : 61 wells Permian Basin Account Directory – (..)

Basin 52

Basin Consulting Drilling rig Completion 52

BOE Report

MAY 5, 2025

. (“Stampede“, or the “Corporation“) (TSXV: SDI) is pleased to announce that it has entered into a drilling equipment purchase agreement (the “Agreement“) with a private company (the “Purchaser“) providing for the sale (the “Transaction“) of certain drilling components (the “Equipment“) (..)

Drilling rig 59

Drilling rig IT 59

Asian Oil & Gas

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

Drilling rig 40

Drilling rig Offshore Oil Gas 40

Oil Review Middle East

MAY 30, 2025

It will accelerate ADNOC Drillings expansion plans, providing it with a foothold into what it sees as two highly stable GCC markets with clear drilling plans driven by top-tier clients, in a move that will generate attractive returns. The deal offers scope for ADNOC Drilling to acquire the remaining stake over time.

Drilling rig 89

Drilling rig Operator IT Offshore 89

Asian Oil & Gas

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

Drilling rig 40

Drilling rig Offshore Petroleum Operator 40

Oil Gas Leads

MAY 10, 2025

Ensign T138 The Ensign T138 drilling rig is part of Ensign Energy Services’ fleet, a company renowned for its advanced drilling technologies and global operations. Ensign T138: Operational Highlights Drilling Activity : In 2024, Ensign T138 drilled 25 wells for Diamondback Energy, primarily in Martin County, Texas.

Basin 52

Basin Drilling rig Sidetracking Operator 52

Iraq Business News: Oil & Gas

APRIL 25, 2025

He further noted that IDC remains Iraq's primary national arm in the field of oil well drilling and maintenance, supported by its accumulated expertise, a modern fleet of drilling rigs, and highly skilled personnel.

Completion 59

Completion Drilling rig Engineering Engineer 59

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.) Drilling activity: Mach drilled 11 gross (9 net) wells and brought 10 gross (8 net) wells online in Q4 2024.

Operator 52

Operator Gas Oil Basin 52

Permian Basin Oil and Gas Magazine

MAY 20, 2025

The count of active drilling rigs in Permian Basin declined again for the past week, according to Baker Hughes. In the report for May 16, there were 282 rigs in Permian down 3 from 285 a week ago and down 30 from 312 a year ago. added a rig in the past week to widen its margin as the Permian leader with 51.

Basin 75

Basin Drilling rig IT Oil 75

Keystone Energy Tools

JANUARY 22, 2025

Anyone who wants to be well-versed in oil drilling must understand the crucial role of the blowout preventer (BOP). Ensuring the safety and efficiency of drilling operations is paramount in the oil and gas industry. One of the most critical components in a drilling rigs safety system is the blowout preventer (BOP).

Blowout Preventer 52

Blowout Preventer Blowout Drilling rig Oil 52

Egypt Oil & Gas

MARCH 6, 2025

The well was drilled by using the Valaris DS-12 drilling rig, which is the second discovery by bp in the western region after the King 2 well and the third in this region after the ExxonMobil well.

Exploration Well 59

Exploration Well Natural Gas Exploration and Production Drilling rig 59

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. About Prairie Operating Co. Prairie Operating Co.

Operator 130

Operator Hydraulic Fracturing Spud-in Natural Gas 130

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. In its latest June 2025 Short-Term Energy Outlook , the U.S. shale development. dry gas production outlook.

Basin 52

Basin Dry Gas BCF Operator 52

Permian Basin Oil and Gas Magazine

MARCH 4, 2025

Civitas plans to run five drilling rigs and two completion crews in Permian Basin. Denver-based Civitas Resources said last week it expanded its Permian Basin position with the purchase of operated assets in Howard, Glasscock and Upton counties in Midland Basin. Chris Doyle, president and CEO, said Feb.

Basin 52

Basin Drilling rig Completion Barrel 52

The Energy Law

MAY 5, 2023

In compliance with that obligation, MRC created a drilling schedule listing June 2, 2017 as the spud date of a new well based on its belief that the deadline to spud that well was June 19, 2017. On June 13, 2017, MRC sent force majeure letters to the lessors claiming that it experienced a delay in the well’s drilling around April 21, 2017.

Spud-in 98

Spud-in Gas Oil Operator 98

Permian Basin Oil and Gas Magazine

JUNE 3, 2025

Counts of active drilling rigs in Permian Basin and U.S. In the weekly report of May 30, there were 278 rigs in Permian Basin (down 1 from 279 one week earlier, down 32 from 310 a year earlier) and 563 in U.S. Oklahoma is third among states with 52 rigs (down 1) followed by Louisiana and North Dakota with 30 each.

Drilling rig 52

Drilling rig Basin Oil Gas 52

Egypt Oil & Gas

APRIL 20, 2025

It is worth noting that Enis Saipem 10000 drilling rig is continuing developmental drilling operations as part of the fields development project. This phase involves the use of a floating processing unit in the offshore well area, located 220 km from the shore, to separate natural gas and condensates.

Natural Gas 59

Natural Gas Gas Field Drilling rig 59

Energy Central

DECEMBER 26, 2023

In response, someone took exception to my claim by stating that he works in the industry, and drilling rigs are stacking up. It is correct that the rig count has fallen. According to data from Baker HughesBHI, the number of rigs drilling for oil and gas has fallen by about 20% in the past.

Drilling rig 40

Drilling rig Oil Gas IT 40

Permian Basin Oil and Gas Magazine

APRIL 29, 2025

No new drilling activity was reported last week in Permian Basin, Texas and New Mexico, Baker Hughes said in its weekly report of April 25. count of active drilling rigs grew by 2 in the past week to 587 (613 year ago). Only Oklahoma (2) and California (1) reported new rigs last week.

Drilling rig 52

Drilling rig Basin Oil Gas 52

Texron Operating

MAY 30, 2023

The advent of intelligent drilling rigs, real-time monitoring, and predictive analytics has revolutionized production processes across the different facets of the industry. In this blog post, we will discuss the future that awaits the industry and how it can benefit the world.

Gas 52

Gas Oil Drilling rig Hydraulic Fracturing 52