Exploration & Production , Drilling

Nabors Unveils Next Stage of Fully Automated Land Drilling

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.

November 16, 2022

Drilling , Acquisitions & Divestitures

SLB to Boost Well Construction Business with Gyrodata Acquisition

SLB, formerly Schlumberger, said in an Oct. 26 release it plans to integrate Gyrodata’s wellbore placement and surveying technologies within SLB’s well construction business.

October 27, 2022

Exploration & Production , Drilling

US Land Drillers: Drilling Faster, Reaching More Resources

Here’s how Big Data is informing intelligent design for drilling operations, according to experts from U.S.-based land drilling companies Patterson-UTI and Helmerich and Payne.

October 17, 2022

Exploration & Production , Drilling

Gulf of Mexico Rig Market Thrives, Dominated by Drillships

Despite fluctuating oil and gas prices, the Gulf of Mexico rig market remains strong with a few of the majors holding a monopoly over rigs within the region.

October 13, 2022

Exploration & Production , Drilling

UAE’s ADNOC Drilling Secures $980 Million Contract to Hire Offshore Rigs

ADNOC’s offshore operations are supporting the company’s goal to increase production capacity to five million bbl/d by 2030 and enable gas self-sufficiency for the United Arab Emirates (UAE), ADNOC said.

October 13, 2022

Rig Counts , Drilling

US Drillers Add Oil, Gas Rigs for First Time in Three Weeks

The biggest increase in rigs was in the Permian Basin in Texas and New Mexico, the biggest U.S. oil field, which rose by three to 343 this week, the most since August.

September 16, 2022

Rig Counts , Drilling

Westwood: Onshore Rig Counts, Rates to Rise

Land drill rig day rates have increased in a number of regions due to an increase in drilling demand combined with higher commodity pricing. In the U.S., in particular, day rates have increase by 25% in 2022, according to Westwood’s latest analysis.

August 26, 2022

Exploration & Production , Drilling

Better Data for Better Wellbores Using Space-age Technology

System uses space-age guidance technology to help oil and gas drillers land their wellbores in the right location.

August 23, 2022

Shale Plays , Drilling

Liberty Energy Adding Fleets, Sees North American Oil Output Rising

Oil companies are "evaluating the opportunity to deploy incremental capital in North America to modestly grow production," Liberty Energy shared in its recent earnings call.

July 27, 2022

Deepwater , Drilling

Sembcorp Delivers World’s First 8th-gen Ultradeepwater Drillship

The world’s first eighth-generation drillship, the Deepwater Atlas, is expected to begin operations at the Shenandoah project in the Gulf of Mexico later this year, according to a Transocean release.

June 29, 2022