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Chevron, BP, ConocoPhillips advancing Paleogene discoveries in deepwater GOM

Posted on 30 January 2015 in Global and Regional Markets, News, The Offshore Frontier

Chevron and BP will collaborate with ConocoPhillips to explore and appraise 24 jointly-held offshore leases in the northwest portion of Keathley Canyon…

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PetroQuip deploys BigFoot toe sleeve in Anadarko Basin

Posted on 29 January 2015 in Innovating While Drilling, News

PetroQuip Energy Services successfully implemented its revolutionary toe sleeve, BigFoot, in a recent horizontal completion for an independent operator…

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US EIA: Lower 48 oil production outlook stable despite expected rig count reduction

Posted on 27 January 2015 in Global and Regional Markets, News

The sharp decline in oil prices over Q4 2014, which has continued in January, is already having a significant effect on drilling activity in the US, according…

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Hess announces 2015 capital, exploratory budget

Posted on 27 January 2015 in News, The Offshore Frontier

Hess Corp announced a 2015 capital and exploratory budget of $4.7 billion, a 16% reduction from its 2014 actual spend of $5.6 billion. Of this, $2.1 billion (45%) is budgeted for unconventional shale resources…

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Young professionals program at SPE/IADC Drilling Conference to target future leaders of the industry

Posted on 26 January 2015 in IADC/SPE Drilling Conference, News

The oil and gas industry is constantly looking to the future. Whether this comes in the form of pushing the limits of pressure…

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Tullow Oil moves ahead with exploration, appraisal drilling onshore Kenya

Posted on 22 January 2015 in Completing the Well, Global and Regional Markets, News

Tullow Oil has announced updates on several onshore projects in Kenya, including the Expir-1 exploration, Engomo-1 exploration, the Ngamia and Amosing…

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Petrobras reduces operating costs, time with new pre-salt subsea equipment deployment technique

Posted on 22 January 2015 in News, The Offshore Frontier

At the end of last year, Petrobras deployed its first wet Christmas tree using cables in the pre-salt area. The main change involved was the use of a subsea equipment…

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XACT, BP complete first deepwater deployment of SandSentry Acoustic Telemetry Network in Gulf of Mexico

Posted on 22 January 2015 in News, The Offshore Frontier

XACT Downhole Telemetry, in conjunction with BP, recently completed the first operational field trial of the SandSentry Acoustic Telemetry Network in the deepwater Gulf of Mexico…

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University of Houston to lead subsea engineering research center

Posted on 21 January 2015 in Drilling It Safely, News

The University of Houston (UH) will lead a national research center for subsea engineering and other offshore energy development issues, including research and technology…

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Brakel: 2015 SPE/IADC Drilling Conference to highlight solutions to cost escalation

Posted on 21 January 2015 in IADC/SPE Drilling Conference, News

Cost reduction may be a priority for many companies now, but the industry must not overlook important opportunities for innovation and idea sharing…

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Recent Drilling News

  • 30 January 2015

    Chevron, BP, ConocoPhillips advancing Paleogene discoveries in deepwater GOM

    Chevron and BP will collaborate with ConocoPhillips to explore and appraise 24 jointly-held offshore leases in the northwest portion of Keathley Canyon...

  • 29 January 2015

    PetroQuip deploys BigFoot toe sleeve in Anadarko Basin

    PetroQuip Energy Services successfully implemented its revolutionary toe sleeve, BigFoot, in a recent horizontal completion for an independent operator...

  • 27 January 2015

    US EIA: Lower 48 oil production outlook stable despite expected rig count reduction

    The sharp decline in oil prices over Q4 2014, which has continued in January, is already having a significant effect on drilling activity in the US, according...

  • 27 January 2015

    Hess announces 2015 capital, exploratory budget

    Hess Corp announced a 2015 capital and exploratory budget of $4.7 billion, a 16% reduction from its 2014 actual spend of $5.6 billion. Of this, $2.1 billion (45%) is budgeted for unconventional shale resources...

  • 26 January 2015

    Young professionals program at SPE/IADC Drilling Conference to target future leaders of the industry

    The oil and gas industry is constantly looking to the future. Whether this comes in the form of pushing the limits of pressure...

  • Read more news

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