Archive | News

Liner-less spill containment improves environmental performance, minimizes costs

Posted on 02 December 2014 in Drilling It Safely, News, Videos

A new liner-less spill containment system helps to reduce contamination risks, improve on-site safety and minimize costs. Newpark Mats…

PrintFriendlyShare This

Comments (0)

Ensco announces management changes, promotes Carey Lowe to Executive VP

Posted on 02 December 2014 in News

Carey Lowe has been promoted to Executive Vice President of Ensco, reporting directly to CEO and President Carl Trowell. Mr Lowe will be…

Comments (0)

Occidental Petroleum completes spinoff of California Resources Corp

Posted on 01 December 2014 in News

Occidental Petroleum Corp has completed the spinoff of its subsidiary California Resources Corp. California Resources is an independent oil and natural gas E&P company…

Comments (0)

Sarni: Industry has opportunity to do more with less water

Posted on 01 December 2014 in Drilling It Safely, Innovating While Drilling, News, Videos

While some analysts are projecting a 40% shortfall in water supply by 2030, the oil and gas industry is doing what it does best – innovate. “You’re seeing a lot of technology innovation – using less water, recycling, reusing…

Comments (0)

Analyst: Low oil prices likely to delay upstream developments in northwest Europe

Posted on 01 December 2014 in Global and Regional Markets, News

With oil prices falling to a four-year low, the development of two frontier basins in northwest Europe, the Barents Sea and the West of Shetland (WoS)…

Comments (0)

US EIA: Increase in energy demand requires 33 million bbl/day more oil

Posted on 26 November 2014 in Global and Regional Markets, News, Videos

The world is going to need one-third more oil between 2010 and 2040, with developing countries, such as China and India, accounting for a major portion in the increase in…

Comments (0)

Prescriptive Analytics prescribes how to complete wells to maximize production

Posted on 25 November 2014 in Completing the Well, Innovating While Drilling, News, Videos

“Big data” is taking on a new role in industry, where companies are combining the findings from geology and geophysics with new data collected from advanced technologies…

Comments (0)

Petrobras completes drilling first appraisal well in Libra Consortium

Posted on 25 November 2014 in Global and Regional Markets, News, The Offshore Frontier

Petrobras recently completed drilling the first appraisal well in the Libra area, the 3-BRSA-1255 (3-RJS-731), known as NW1. Located in the Northwest portion of the Libra block, in the pre-salt layer of the…

Comments (0)

Ensign secures contracts for 2 ADR 1500S pad drill rigs in Montney area

Posted on 24 November 2014 in Global and Regional Markets, News, Onshore Advances

Ensign Energy Services has signed contracts for two of its new ADR 1500S pad drill rigs for a major operator in the Montney area of northeast British Columbia…

Comments (0)

Statoil cancels Stena Carron rig contract offshore Angola

Posted on 21 November 2014 in Global and Regional Markets, News, The Offshore Frontier

Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola…

Comments (0)

Recent Drilling News

  • 30 March 2015

    Joint safety improvement plan aligns HSE objectives, “language” for Shell, Halliburton

    Speaking at a joint presentation with Halliburton at the 2015 IADC HSE&T Asia Pacific Conference in Kuala Lumpur on 12 March, Alain Moonen...

  • 27 March 2015

    Gravity-deployed carbon composite cable completes first commercial deployment offshore Norway

    Ziebel, a Stavanger-based provider of specialist well intervention services for the oil and gas industry, announced that its Z-Line gravity-deployed...

  • 27 March 2015

    Petronas’ INSTEP training institute plans improvements for integrated, experiential learning

    Institut Teknologi PETRONAS (INSTEP) takes realism seriously when it comes to experiential learning – seriously enough to be planning...

  • 26 March 2015

    Wood Mackenzie: Falling costs to soften blow of slashed exploration budgets

    Exploration budget cuts in 2015 will average 30%, but that will be matched by an approximately equal fall in exploration costs...

  • 25 March 2015

    C&J Energy Services merges with Nabors’ completion/production services

    C&J Energy Services, (C&J) and Nabors Industries (Nabors) announced the completion of the combination of C&J with Nabors’ completion...

  • Read more news

    FEATURED MICROSITES