Upstream drilling news
EM&I awarded long-term partnerships for robotic technologies
The partnerships are with drilling and FPSO operators with worldwide assets.
Oil and gas operators dive deeper, save resources and drill more accurately with new AI framework
S-Cube says that its XWI algorithm has the predictive power to match rock measurements pre-drilling with up to 90% accuracy.
Westwood Energy: supermajors lead way in high impact exploration
According to Westwood's 'State of Exploration' report, exploration drilling increased by nearly 30% in 2018 compared to 2017 but performance was down, with fewer big discoveries and a lower commercial success rate.
Zennor Petroleum provides Finlaggan field update
The development project is targeting 30 million boe of gas condensate reserves from two subsea production wells in the UK Central North Sea.
Solstad Offshore awarded contract for PSVs
Commencement of the contract, to support Wintershall DEA's West Mira drilling campaign in the Norwegian Sea, will take place in August/September 2019.
PGNiG begins drilling in Rehman field in Pakistan
The Rehman field is located on the border of the Sindh and Baluchistan provinces, in the southern part of Pakistan.
Shelf Drilling awarded contract for its jack-up rig in Arabian Gulf
The contract relates to the company's recently acquired jack-up rig, Shelf Drilling Achiever.
LUKOIL begins commercial operations in D41 offshore field
Construction of the company’s second well in the D41 offshore field in the Baltic Sea was completed earlier this month.
Westwood Global Energy: accelerating rig activity signals game-change as rig rates are on the up
Data shows that marketed utilisation for some rig types in some regions are nearing 85-90%.
Shelf Drilling reports 1Q19 results
The company recorded revenue of US$147.2 million and Adjusted EBITDA of US$49.4 million in 1Q19.