The Latest

Exploration & Production

Offshore Rig Market Continues Recovery

More demand could be around the corner with offshore rig tenders as oil and gas companies step up drilling plans and final investment decisions.

August 23, 2019

Rig Counts

US Oil Rig Count Falls By 16

U.S. energy firms this week cut the most oil rigs in about four months, with the rig count falling to the lowest since January 2018, as producers cut spending on new drilling and completions.

August 23, 2019

Exploration & Production

The Need For ‘Smart’ Maintenance

How technology can be applied within an overall maintenance strategy to help an operator achieve business objectives without compromising safety and security is extremely important.

August 23, 2019

Highlights

Best Of This Week’s Drilling Activity Highlights (Aug. 23, 2019)

A Powder River Basin discovery by Chesapeake, LLOG files Gulf of Mexico plan and a triple-lateral horizontal completion in South Texas top this week’s drilling activity highlights from around the world. 

August 23, 2019

Deepwater

US Accuses China Of ‘Coercion’ Over Vietnam Offshore Oil

The U.S. has accused China of “coercion” of Vietnam as it seeks to exploit oil and gas in the South China Sea, siding with Hanoi and chastising Beijing in sharp terms over its decision to send Chinese ships to Vietnamese territorial waters.

August 23, 2019

Rig Counts

Chart: Eastern Rig Count As Of August 23, 2019

Alabama. Florida, Illinois, Indiana, Kentucky, Michigan, New York, Ohio, Pennsylvania, Virginia and West Virginia

August 23, 2019

Rig Counts

Chart: Gulf Coast Rig Count As Of August 23, 2019

Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore

August 23, 2019

Rig Counts

Chart: Midcontinent, Permian Basin Rig Count As Of August 23, 2019

Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10

August 23, 2019

Rig Counts

Chart: Western Rig Count As of August 23, 2019

California, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico, North Dakota, Utah and Wyoming

August 23, 2019

Unconventional

Permian Basin’s ‘Overlooked,’ ‘Emerging’ Plays

The owner and president of a Midland, Texas-based oil company shared insight during a presentation on the Permian Basin’s journey from conventional to unconventional.

August 22, 2019