Production, up. Reserves, up. Costs, down. Here’s how Extraction Oil & Gas is surfacing the oil, monetizing the gas and NGL, and delivering the returns in the D-J Basin.
- Eric Jacobsen, senior vice president of operations at Extraction Oil & Gas Inc.
2023-02-03 - Miniature quartz gauge measures reservoir conditions through cement in real time.
2022-11-16 - Nabors retrofitted an existing rig with its “first-of-its-kind robotics module,” named RZR and has successfully drilled multiple horizontal wells for Exxon Mobil in the Permian Basin, the company said Nov. 16.
2022-12-28 - Nabors new RZR Rig Floor Automation Module, already tested at Exxon Mobil wells in the Permian Basin, looks to keep workers safe with a fully autonomous rig floor
2022-12-29 - Sembcorp Marine delivered 8th-gen ultra-deepwater drillship, which is expected to open up previously inaccessible resources, to Transocean subsidiary.
2022-12-07 - Tightness in supply, staffing constraints and high oil prices all contribute to Esgian’s projected 13% growth in offshore rig demand for 2023.