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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. Preparations are under way to install 9 casing.
Analyzing production data to improve operations and implement strategies for enhanced production efficiency. Implementing safety measures to prevent accidents and incidents during production operations. Cost Management: Managing operational costs by optimizing production processes and minimizing waste.
NexTier’s management says they are using advanced electric drive equipment, along with automation-enabled pumpdown technology to streamline service operations during well completions. The units’ electrical power needs can be fed by an in-field electrical source. The family also operates Underdog Rentals.
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. Tawke field: 27,864 bopd (-6% from Q3). Peshkabir field: 46,279 bopd (-15% from Q3). 20+ well workovers and interventions. By John Lee.
As the situation is now, it will not be economically sustainable for operators to perform P&A operations conventionally. The best way for P&A operations to become more economically viable is through advances in technology. Category C: Drilling rigs capable of performing all well operations through marine riser and BOP.
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