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Anadarko Basin operations are primarily in Oklahoma (SCOOP/STACK plays), with some assets extending into southern Kansas and the Texas Panhandle in the case of Mach. Ovintiv (OVV) – Oklahoma (Anadarko Basin) Operations Ovintiv (formerly Encana/Newfield) holds significant acreage in Oklahoma’s STACK/SCOOP (Anadarko Basin).
The new drillingrigs 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.
ADNOC Drilling Company has announced that it has signed an agreement to acquire a 70% stake in SLB's land drillingrigs business in Kuwait and Oman, comprising eight fully operational land rigs under contract with the respective national oil companies (NOCs) of both countries.
(Oil & Gas 360) –HOUSTON, TX, April 02, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. The first well was spud on April 1, 2025, utilizing Precision E-DrillingRig 461, as part of the Companys continued strategy to expand production and enhance operational efficiencies in the Denver-Julesburg (DJ) Basin.
Drillingrigoperation report also called daily drilling report or DDR contain several acronyms. These acronyms minimize drilling report size and make it easy to read and understand. Without these abbreviation drilling report will look massive text contents and reader will feel boring.
Working on a drillingrig 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.
Baker Hughes reported little new activity among operators in Permian Basin, Texas and New Mexico in its weekly report of drillingrigs 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).
This transaction greatly enhances the overall quality and resilience of our portfolio, supplementing our reserves with additional proved producing assets, adding years of multi-bench drilling inventory, and expanding our operated economies of scale, said Jordan Jayson, CEO and chairman of USEDC. oil and gas properties.
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 drillingrig equipped with modular robotics to automate pipe handling.
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 drillingrig
Service Synergy from Midland/Delaware Despite not operating in those basins, Blackbeard benefits from proximity to their oilfield supply hubs. Strategic Takeaways Reinventing Legacy Plays Blackbeard’s YTD well count shows confidence in a basin most considered depleted.
A statement issued by Shana News Agency announced completing the drillingoperations of an oil well in the Bibi Hakimeh field at the beginning of the year 1404 (March 21). The operations started last year and completed in 58 days using the Fath 86 drillingrig. The well was handed over to the client for production.
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. Operators in the basin are prioritizing cash flow and capital returns over aggressive development.
The United States Rig Report is a detailed list of drillingrigs active in the US last 30 days, one of the most prolific oil and gas-producing regions in the world. Purchase Full Rig Report – Only $10.00 Buy Now Heres a point-form summary of the drillingrig activity: Data Type : U.S.
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.
Detailed list of drillingrigs and Operators that spud wells in the Permian basin last 30 days. Buy Now - Only $10 Primary Fields in the Report: Account Name The operator or company name (e.g., Region The state or geographic region of the rig (e.g., County The specific county where the rig is located.
Ensign T138 The Ensign T138 drillingrig 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.
Oil majors ExxonMobil and Occidental Petroleum are the top operators in Permian Basin, according to a report May 27 from Enverus. The report said as of May 23 the latest weekly averages of active drillingrigs were 35.0 Other leading operators in Permian are Mewbourne Oil with 15.9, operator at 36.0 for Occidental.
Abdulrahman Abdulla Al Seiari , ADNOC Drilling CEO, commented that the move is a very exciting opportunity for ADNOC Drilling, reinforcing its position as one of the leading companies in drilling and integrated services.
Ensuring the safety and efficiency of drillingoperations is paramount in the oil and gas industry. One of the most critical components in a drillingrigs safety system is the blowout preventer (BOP). This device controls pressure and prevents dangerous blowouts during drillingoperations.
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 drillingrig
173 IBLA 250 (2008), affirms an MMS denial of a Suspension of Operations (“SOO”) where the lessee submitted an revised exploration plan (“EP”) and permit to drill (“APD”) just days before the lease’s 10-year primary term expired, but was unable to conduct lease activities before the expiration date.
2023), the Texas Supreme Court held that the lessee could not invoke a force majeure clause to save its oil and gas leases when it inadvertently scheduled its operations to begin after the requisite deadline. The Court narrowed its discussion to whether MRC’s operations were “delayed by” an event of force majeure.
The work was conducted in coordination with national extraction companies and international oil firms operating in Iraq. 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 drillingrigs, and highly skilled personnel.
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. Civitas plans to run five drillingrigs and two completion crews in Permian Basin. Chris Doyle, president and CEO, said Feb.
TheGrande Prairie Oil & Gas Operator Directory is a list of Oil & Gas operations in the Grande Prairie region home to some of Canadas top oil and gas companies in Western Canada, one of the most prolific oil and gas-producing regions in the world. Rig Count Number of rigsoperating in the U.S.
The Canada Oil Companies Directory is a compiled directory of oil & gas companies operating in Western Canada, one of the most prolific oil and gas-producing regions in the world. Rig Count Number of rigsoperating in the U.S. Wells Drilled 2023 Total wells drilled in the US 2023. last}@company.com).
Permian averaged 308 active drillingrigs in 2024 to account for more than half the rigs in operation (26 fewer rigs than in 2023). Even with the lower rig count, Permian production grew because well productivity improved. million b/d.
At DIC Oil Tools, we only use the most durable materials available for OCTG and drill pipe manufacturers. Our premium materials and construction ensure that your system will be operational for years to come. Let’s delve into what makes drill pipes so crucial and how they contribute to this complex process.
Devon Energys first-quarter 2025 results reflect a disciplined, high-performance approach to drilling and capital deployment. With strong operational momentum, the company delivered above-guidance production and implemented early phases of its business optimization strategycutting capital while maintaining output.
The workshop also covered the implementation timeline, mechanisms for reducing carbon emissions, and operational safety plansall within the framework of advancing the sustainable development of natural resources. The post New Phase to Add 1 Tcf Natural Gas to Zohr Reserves first appeared on Egypt Oil & Gas.
12 a report that analyzes recent inventories of drilling uncompleted wells (DUCs) and the implications for 2025 budgets. DUCs provide operators with strategic flexibility, financial benefits, and operational efficiency, making them a crucial aspect of the industry’s dynamics.
The advent of intelligent drillingrigs, real-time monitoring, and predictive analytics has revolutionized production processes across the different facets of the industry. Amidst soaring global energy demands, the oil and gas industry is constantly reinventing itself, seeking more efficient, eco-friendly production methods.
million in common shares of Tourmaline Taken together, the disposed assets generated $149 million of operating earnings in 2024 (12% of total Strathcona YE 2024 operating earnings, excluding interest and other corporate items) and had a YE 2024 proved PV-10 before-tax of approximately $2.3 Tourmaline) for $291.5
The Texas Oil Company Directory is a compiled directory of oil & gas companies operating in TX, one of the most prolific oil and gas-producing regions in the world. US Rig Count Number of rigsoperating in the U.S. Permian Wells Drilled 2024 Number of wells drilled in the Permian in 2024.
The United States Oil Companies Directory is a compiled directory of oil & gas companies operating in the entire US, one of the most prolific oil and gas-producing regions in the world. US Rig Count Number of rigsoperating in the U.S. Permian Wells Drilled 2024 Number of wells drilled in the Permian in 2024.
There are two drive systems used on rotary drillingrig. In TDS drill pipe are completely round, better for BOP element. Kelly need two case hole on rig floor, Rate hole & mouse hole. In case of TDS we need only mouse hole on rig floor. These are Kelly drive and top drive system.
As of this year, a total of 120 wells have been drilled by Cactus rigs, demonstrating strong industry demand and continued investment in drillingoperations. Below, we break down the latest data, highlighting top trends in drilling activity by province, operator, county, and rig utilization.
The company announced it would drop three drillingrigs and one completion crew in Q2 2025 , along with a $400 million reduction in full-year capital spending. Operators like Diamondback are pulling backnot because the resource isnt there, but because the price environment demands it. But how does that translate on the ground?
Canadian Natural Resources Limited (CNRL) posted strong drilling activity in Q1 2025, continuing a positive trajectory from the prior year. A review of operational data reveals several notable trends across rig deployment, field concentration, and drilling methodologiesshowing both consistency and strategic shifts in resource development.
Tangible Drilling Costs (TDC) are expenses associated with the physical aspects of drilling for oil and natural gas. These costs are directly related to the actual drillingoperations and typically represent a significant portion of the overall expenses in oil and gas exploration and production.
Coterra Energy (NYSE: CTRA) released its Q1 2025 results with clear signals of capital discipline, operational focus, and strategic realignment amidst a volatile commodity environment. Below is a deep dive into the company’s drilling activity, capex decisions, rig utilization, and state-by-state footprint for the quarter.
Looking ahead, BP plans to drill around 40 exploration wells over the next three years , underscoring its ambition to expand its upstream production base. Oil Price Commentary Despite strong operational performance, BP acknowledged headwinds in the global oil markets. billion (up from $1.2 billion, impacted by a $3.4
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