The global industry outlook is bearish in the near-term. Oil supply is growing twice as fast as demand, and the simple solution to this oversupply is to lower prices…

The continuing increase in drilling and completion costs is a concern involving all industry stakeholders, Murphy Oil’s President & CEO emphasized at the 2014 IADC Annual General Meeting…

IADC awarded Ensco’s Brady Long and Precision Drilling’s Robert Urbanowski with Exemplary Service Awards at the 2014 IADC Annual General Meeting…

Ed Jacob, Director, President and Chief Operating Officer of Independence Contract Drilling, has been recognized as the 2014 IADC Contractor of the Year…

Hess Corp announced that production has commenced from the Tubular Bells Field, located in the Mississippi Canyon area of the deepwater Gulf of Mexico...

Ed Jacob, Director, President and COO of Independence Contract Drilling, has been elected to serve as 2015 IADC Chairman. Additionally, Thomas Burke, President of Rowan Companies, was elected as...

The complete automation and workflow optimization in BP's new Core Flood Robot enables hundreds of core flood tests to be performed each year, rather than dozens...

Statoil has decided to suspend two new rigs due to overcapacity in the rig portfolio. Transocean Spitsbergen and Songa Trym will be suspended through 2014, a period which might be extended...

In a recent 13-well program in the Eagle Ford, National Oilwell Varco (NOV) deployed its top drive control software, SoftSpeed II, to mitigate torsional vibration...

Compared with conventional cements, Baker Hughes’ all-liquid FoamSet system maintains a constant pressure to keep the water or gas in the formation and out of the cement...