SIMMONS EDECO has announced that it has completed an onshore drilling campaign for a major oilfield services company in Mexico. The contract required SIMMONS EDECO to provide onshore drilling services on a field in the south of Mexico...

Conventional oil and gas discoveries during the past three years are at the lowest levels in seven decades and a significant rebound is not expected, according to a new report by IHS Markit...

Bentec has announced that it has signed a multi-million euro contract with the drilling division of INK-Service Group (INK) for the manufacture of seven latest-generation 320t cluster slider rigs. INK is the oilfield service unit of Russia’s Irkutsk Oil Company...

Corva has announced that its drilling optimization technology was used to drill a record-breaking extended reach well in the National Petroleum Reserve of Alaska’s North Slope...

Although the Permian Basin still dominates US land drilling and will continue to do so in the near future, the pace of growth in this region has slowed significantly since late 2018...

The uncertainty in oil prices since late 2018 has led many operators in the Permian to pull back their activities this year as they strive for more capital discipline. This has been true for Parsley Energy, a Permian-focused independent oil and gas company founded in 2008...

Saipem has developed a new drilling data performance tool that paves the way for better decision making on drilling rigs. The project was driven by the company’s realization that how well it leverages multisource data can create competitive advantages...

Rival Downhole Tools (Rival), a portfolio company of EV Private Equity, has secured a five-year collaborative supply agreement for drilling motors for US Land from a major oilfield services provider...

Baker Hughes, a GE company, announced that the Baker Hughes international rig count for July 2019 was 1,162, up 24 from the 1,138 counted in June 2019, and up 165 from the 997 counted in July 2018. The worldwide rig count for July 2019 was 2,238...

Data Gumbo has announced Antelope Water Management has adopted the company's blockchain network GumboNet. This is the industry’s first use of a blockchain platform for total water management services in US shale plays. Antelope’s deployment moves Data Gumbo into the Permian Basin...