Acoustic Data announced it has been awarded a $4.5 million three-year contract by a supermajor to deploy its SonicGauge Wireless Monitoring System in onshore gas fields in Asia...

Cyberhawk, the creator of iHawk, a cloud-based asset visualization software, announced that it has secured a five-year, multimillion-dollar software contract with Royal Dutch Shell...

SIMMONS EDECO announced that it has successfully completed its first drilling contract for Mexico oil and gas operator Newpek...

The global oilfield service market is expected to decline by 15% in 2020 compared with 2019, Martin Opdal, Consulting Principal, said during a virtual meeting held by the IADC Southeast Asia Chapter on 14 May...

As oil prices tumble to stomach-churning lows and E&Ps slash CAPEX budgets one after another, drilling contractors turn their focus to business sustainability in preparation for further drops in the rig count By Stephen Whitfield, Associate Editor The COVID-19 pandemic has sent shock waves through the industry over the past couple of months. As the global economy ground to a halt, the outlook for US shale and land drilling has become much less certain. Operators and drilling contractors have scrambled to position themselves for the long haul as best as they can. In a market that was already oversupplied, energy demand has now fallen off a cliff, although the full impact will depend on the duration of the pandemic and ...

The Railroad Commission of Texas issued a total of 456 original drilling permits in April 2020 compared to 909 in April 2019...

SIMMONS EDECO announced it has successfully completed a second series of development drilling of wells for a major oilfield services company in Mexico...

Shell has taken a final investment decision to develop the first phase of Arrow Energy’s Surat Gas Project in Queensland, Australia...

Hess has announced a revised $2.2 billion capital and exploratory budget for 2020, an $800 million reduction from the previous budget of $3.0 billion...

During the 2020 IADC/SPE International Drilling Conference in Galveston, Texas, Halliburton announced the commercial launch of NitroForce, a drilling motor that it says can increase drilling speed...