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Upstream drilling news

Beetaloo shale project halted

Origin Energy has temporarily paused shale exploration drilling activities at its Kyalla well site in Australia's Northern Territory in response to the Covid-19 pandemic.

 
 
 

Schlumberger cuts spending by 30%

The oilfield services company is anticipating a rapid reduction in active drilling and hydraulic fracturing activity.

 
 

Equinor makes CAPEX cuts

US onshore drilling and completion activities are being halted by Equinor.

 
 
 

Hess downsizes 2020 capital and exploratory budget

The reductions to the company’s 2020 capital budget will be primarily achieved by shifting from a six rig programme to one rig in the Bakken, which is expected to be completed by the end of May.