More Drilling Operations News

LGO to log first Goudron redevelopment well

May 14, 2014

Leni Gas & Oil PLC (LGO), London, will run electric logs to total depth of 4,212 ft in its first well of a 30-well redevelopment program for Goudron oil field in Trinidad and Tobago.

Baker Hughes: US drilling rig count edges up to 1,855

May 9, 2014

The US drilling rig count edged up a unit to 1,855 rigs working during the week ended May 9, Baker Hughes Inc. reported.

OTC: Oil spill prevention an international issue, DOE says

May 6, 2014

Oil spill prevention in the deepwater Gulf of Mexico and around the world is an international challenge where nations must work together to avoid another major incident, said Christopher Smith, principal deputy assistant secretary at the US Department of Energy, during a May 6 panel discussion at the Offshore Technology Conference in Houston.

Petrovietnam protests location of CNOOC drilling rig

May 6, 2014

Petrovietnam said it sent a protest letter on May 4 to the president of China National Offshore Oil Corp. regarding the position of a drilling rig, indicating it violated Vietnam’s “sovereign and jurisdiction rights.”

Optimized fluids improve production in Tarim horizontal wells

May 5, 2014

Well productivity is reduced by formation damage caused by drilling fluids, especially in horizontal wells.

Baker Hughes: US drilling rig count declines to 1,854

May 2, 2014

The US drilling rig count lost 7 units to settle at 1,854 rigs working during the week ended May 2, Baker Hughes Inc. reported.

Baker Hughes: US drilling rig count leaps to 1,861

Apr 25, 2014

The US drilling rig count jumped 30 units to reach a total of 1,861 rigs working during the week ended Apr. 25, Baker Hughes Inc. reported. The US now has 107 more rigs working compared with this week a year ago.

Baker Hughes: US drilling rig count holds steady at 1,831

Apr 17, 2014

The US drilling rig count was unchanged from a week ago at 1,831 rigs working during the shortened holiday week that ended Apr. 17, Baker Hughes Inc. reported.

Texas Petro Index reaches record-high for February

Apr 15, 2014

The Texas Petro Index (TPI), a composite index based on a comprehensive group of upstream economic indicators released by the Texas Alliance of Energy Producers (TAEP), reached yet another record high, tallying a score of 300.6 in February as a result of rapidly increasing production, higher wellhead prices, and revised statewide employment numbers.

Baker Hughes: US drilling rig count jumps to 1,831

Apr 11, 2014

The US drilling rig count jumped 13 units to reach 1,831 rigs working during the week ended Apr. 11, Baker Hughes Inc. reported.

ConocoPhillips raises estimates on Eagle Ford recoverable resources, production

Apr 11, 2014

ConocoPhillips has increased its estimated resource base in the Eagle Ford play to 2.5 billion bbl of oil in place from 1.8 billion bbl, as well as its estimated production from current volumes to more than 250,000 boe/d by 2017.

Chevron, YPF to continue Vaca Muerta development

Apr 10, 2014

Chevron Corp. and YPF SA, Buenos Aires, will continue development of Argentina’s Vaca Muerta shale formation. Chevron says it will build off the progress of its 2013 drilling program with YPF, investing in large-scale drilling and production in the 96,000-acre Loma Campana concession.

Contract let for Yolla gas field rig

Apr 1, 2014

Origin Energy Ltd., Sydney, and partners in the BassGas joint venture have let a contract to Seadrill Australia Pte. Ltd. to provide the West Telesto drilling rig for the project’s upcoming work program in Yolla gas field in the Bass Strait.

White House eyes steps to curb oil, gas methane emissions

Mar 29, 2014

The White House announced additional steps to reduce methane emissions from oil and gas operations as part of a broader strategy. They included regulations to be proposed later this year by the US Bureau of Land Management to curb natural gas flaring on public lands.

Baker Hughes: US drilling rig count rebounds to 1,809

Mar 28, 2014

The US drilling rig count gained back the 6 units it lost last week to reach 1,809 rigs working during the week ended Mar. 28, Baker Hughes Inc. reported.

Market Connection

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January 26, 2015
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