Drilling

Drilling , Digital Oilfield

Digital Drilling: Taking Remote Solutions to the Next Level

In a landmark project, Baker Hughes delivered data management and insights across Saudi Aramco’s entire drilling fleet, making it the largest deployment in Baker Hughes’ history.

July 27, 2021

Drilling

Trying Something New: Using Exclusively Gyro Technology for Wellbore Surveys in Crowded Pad Drilling

In a case study, a solid-state GWD replaced MWD as a definitive surveying system while improving wellbore placement in Latin America.

July 26, 2021

Earnings , Drilling

Schlumberger's Profit Beats Forecast as Margins Soar on Revenue Gains

Oilfield services giant Schlumberger NV issued a bullish forecast for 2021 on July 23 as second-quarter profit topped estimates due to surging margins, with a rebound in oil prices boosting demand for its software and equipment.

July 23, 2021

Drilling

Nabors and Halliburton Integrate Digital Well Planning, Rig Operations

The integrated offering will enable optimization of automated drilling and wellbore placement.

July 21, 2021

Earnings , Drilling

Baker Hughes Profit Falls 9% from Q1 as Oilfield Services Demand Remains Tepid

Oilfield services provider Baker Hughes Co. said on July 21 its adjusted profit fell 9% in the second quarter from the previous three months and it missed Wall Street estimates for earnings, as crude producers kept a tight lid on spending.

July 21, 2021

Earnings , Unconventional , Field Development , Drilling , Completions

Halliburton Profit Jumps 33% as Oilfield Activity Rebounds

Halliburton Co. on July 20 reported a 33.5% jump in second-quarter profit from the previous three months, as a rebound in crude prices from pandemic lows buoyed demand for oilfield services.

July 20, 2021

Unconventional , Drilling , Digital Oilfield

Geochemistry Workflow Provides Understanding of Drainage Networks in Unconventional Plays, Maximizes ROI

A new methodology has been designed to provide detailed drainage and production definition without operational interference. 

July 19, 2021

Public Capital , Energy Transition , Drilling

Precision Drilling Launches New Environmental Brand in ESG Push

The brand launch of EverGreen will bolster Precision Drilling’s commitment to reduce the environmental impact of oilfield operations, the service provider says.

July 16, 2021

Exploration & Production , Drilling , Digital Oilfield , Completions , Logistics

Petrofac Signs Contract for Halliburton DecisionSpace 365

Halliburton Co. has signed a contract with Petrofac to adopt Digital Well Program, a DecisionSpace 365 cloud application to automate drilling, completions, and engineering processes, the company said on July 15.

July 16, 2021

Exploration & Production , Drilling , Digital Oilfield , Logistics , Subsea

Neptune Energy Digitizes Wells with Gaming Tech to Enhance Production, Cut Costs

The new digital twins of Neptune’s wells were developed in collaboration with InformatiQ, a leading oil and gas data visualization specialist that combines infrastructure, wells and geology data to create detailed 3D models.

July 15, 2021