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Iraqi Drilling Company to Spend $172m on New Equipment

Iraq Business News: Oil & Gas

JULY 28, 2025

The Iraqi Drilling Company (IDC) is set to expand its operations following a high-level meeting chaired by Bassem Mohammed Khudair, Deputy Minister of Oil for Upstream Affairs, at the company's headquarters. The session was held in line with directives from Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul Ghani.

Workover

Workover Upstream HSE Oil

IDC Advances 15-Well Project in North Rumaila

Iraq Business News: Oil & Gas

JUNE 17, 2025

The Iraqi Drilling Company (IDC) is making steady progress on its project to drill 15 oil wells in the North Rumaila field , working in coordination with Halliburton and Basra Energy Company Limited (BECL). Drilling operations began on 26 May 2025, targeting the Mishrif formation.

Workover

Workover Field Completion Casing

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Trending Sources

Monumental Energy provides update on the Copper Moki-1 oil and gas well in New Zealand

Oilfield Technology

JULY 11, 2025

The primary objective of the CM-1 workover is to restore oil and associated gas production from the Mt. Messenger sands and to remove flow restriction from sand production identified during prior operations.

Workover

Workover Associated Gas Gas Oil

Australia's Cue Energy Posts Lower Production

Rigzone

JULY 30, 2025

Brent Crude $72.24 -0.37% Natural Gas $3.12 -0.57% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Australia's Cue Energy Posts Lower Production by Jov Onsat | Rigzone Staff | Wednesday, July 30, 2025 | 5:54 AM EST Cue Energy, which produces oil and gas in Australia, Indonesia and New Zealand, reported a quarterly output of 148,300 boe.

Energy

Energy Energy Exploration and Production Field

Getting a Line on Wireline

Permian Basin Oil and Gas Magazine

JUNE 23, 2025

Actually, it was in late 2024 that the wireline sector witnessed a big move, when Axis Energy Services merged with Brigade Energy Services to create what the combined company—Dallas-based Axis Energy Services LLC —described as the largest well servicing company in America. The family also operates Underdog Rentals.

Basin

Basin Hydraulic Fracturing Operator Completion

Oceaneering Signs Contracts with Esso, USA Navy Division

Rigzone

JULY 21, 2025

said its subsidiaries have been awarded a contract by ExxonMobil affiliate Esso Exploration Angola (Block 15) Limited for services supporting Esso’s offshore operations in Angola Block 15. MORE FROM THIS AUTHOR Rocky Teodoro Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! Oceaneering Angola, S.A.

ROV

ROV Workover Maintenance Drilling rig

DNO reports "Stellar Production" in Iraqi Kurdistan

Iraq Business News: Oil & Gas

FEBRUARY 6, 2025

DNO ASA , the Norwegian oil and gas operator, today reported 2024 revenues of USD 667 million on the back of what it described as " stellar production " in the Kurdistan region of Iraq. Operational Overview Production decline in Q4 attributed to truck transport disruptions in October. 20+ well workovers and interventions.

Workover

Workover Operating Interest Field Pipeline

Oil Review Middle East - Untitled Article

Oil Review Middle East

MARCH 10, 2025

Dubai-based Viking Completion Technology is expanding its operations in Saudi Arabia following successful results from trial projects The provider of well completion equipment and services deployed its well completion design, manufacturing, and service expertise for five projects across the Kingdom between September 2023 and November 2024.

API

API Completion Workover Manufacturing

“Production in Paying Quantities”: Louisiana Appellate Court Decides When and What Should be Considered in Determination

The Energy Law

APRIL 29, 2016

EP Energy E&P Company, L.P., The Second Circuit next turned to defendants’ second argument: the lower court erred in finding the unitized well failed to produce in paying quantities as the evidence demonstrated that a reasonably prudent operator would have continued production.

Workover

Workover Operator E&P E&A

Unclear Jury Instructions Allow for Various Interpretations

Producer's Edge

APRIL 22, 2025

Black Hawk Energy Services, Ltd. ), Lario Oil & Gas Company (Lario) sued Black Hawk Energy Services, Ltd. Thereafter, Black Hawk began a workover job on the Peggy 101 Well to replace an electric submersible pump (ESP), during which they encountered issues with well pressure and corroded tubing.

Workover

Workover Casing Oil Gas

Production in Paying Quantities: Maintaining Mineral Leases Beyond Their Primary Terms with Production of Oil or Gas

The Energy Law

JANUARY 26, 2016

The sharp decline in oil prices over the past year and a half has had a significant impact on operators and mineral lessees in Louisiana and in other oil-producing states. 2] Implicit in the term “paying quantities” is the requirement that the lessee show a profit, meaning production revenues must exceed “operating expenses.” [3]

Oil

Oil Exploration and Production Gas Workover

Production in Paying Quantities: Second Circuit Holds Lower Courts Must Consider All Relevant Factors, Not Just Profit

The Energy Law

MARCH 3, 2016

EP Energy E&P Co., First, the court recognized that the plaintiffs’ calculation of expenses included extraordinary expenses for the installation of a compressor and workover operations and instructed that “such nonrecurring expenses are not considered as operating expenses for the purpose of determining production in paying quantities.”

Exploration and Production

Exploration and Production Operator Workover E&P

Louisiana Second Circuit Finds Holder of Mortgage Encumbering a Mineral Lease Solidarily Liable with Mineral Lessees for Damages Under the Louisiana Mineral Code

The Energy Law

JUNE 12, 2017

The mortgagee directed the mineral lessees to perform specific workovers and completions on other properties collateralized in the mortgage. The mortgage provided that the mineral lessees could not enter into new operating agreements or amend existing operating agreements without written consent of the mortgagee. [14]

Royalty

Royalty Royalty Interest Exploration and Production Casing

Iraqi Drilling Company to Spend $172m on New Equipment

IDC Advances 15-Well Project in North Rumaila

Trending Sources

Monumental Energy provides update on the Copper Moki-1 oil and gas well in New Zealand

Australia's Cue Energy Posts Lower Production

Getting a Line on Wireline

Oceaneering Signs Contracts with Esso, USA Navy Division

DNO reports "Stellar Production" in Iraqi Kurdistan

Oil Review Middle East - Untitled Article

“Production in Paying Quantities”: Louisiana Appellate Court Decides When and What Should be Considered in Determination

Unclear Jury Instructions Allow for Various Interpretations

Production in Paying Quantities: Maintaining Mineral Leases Beyond Their Primary Terms with Production of Oil or Gas

Production in Paying Quantities: Second Circuit Holds Lower Courts Must Consider All Relevant Factors, Not Just Profit

Louisiana Second Circuit Finds Holder of Mortgage Encumbering a Mineral Lease Solidarily Liable with Mineral Lessees for Damages Under the Louisiana Mineral Code

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