The U.S. oil drilling rig count declined this week for the first time in four weeks, although the rig count held close to its highest in over three years as production surges to record highs and some companies forecast even higher output this year. Drillers cut one oil rig in the week ...
Russia has found vast oil and gas reserves in the Antarctic, much of it in areas claimed by the UK. The surveys are a prelude to bringing in drilling rigs to exploit the pristine region for fossil fuels, MPs have warned. Reserves totalling 511bn barrels of oil – about 10 times the No...
U.S. companies are subject to antitrust provisions barring them from coordinating supply plans. Shale drilling incurs higher production costs than do the traditional vertical wells in Saudi oil fields.21Shale resources also have steeperdecline curves, meaning production from shale wells declines faster...
They contract their drilling units primarily on a dayrate basis for periods between one and ten years to drill wells for their customers, typically oil super-majors and major integrated oil and gas companies, state-owned national oil companies and independent oil and gas companies. A dayrate ...
Allow all The power of purpose From shallow to ultra-deep water, in both harsh and benign environments, we are setting the standard in offshore drilling. We safely unlock oil and gas resources for our customers, helping them to deliver energy around the world. ...
The number of active drilling rigs targeting oil in the US fell as the calendar flipped into the new year,according to data from oil-field services provider Baker Hughes.However,the losses were confined to more marginal areas,while major oil plays largely held their ground or registered small ...
Ken Waits, CEO of Mewbourne, told the Wall Street Journal that the number of rigs actively drilling in the Permianwill probably only keep grinding slowly upward. The region’s oil and gas rig count this year has risen to 266, compared with 418 before the pandemic and its peak of 568 in...
Oil drilling threat to US east coastdoi:10.1016/0025-326X(78)90518-0ELSEVIERMarine Pollution Bulletin
second time — which will take effect in a year, after the official notice period — with a barrage of executive orders, including one declaring a national energy emergency that Trump said would unlock what he called America's "liquid gold" by expanding drilling in the world's top oil and...
In the United States, the drilling of oil and gas land fields is largely contracted out to inde-pendent, third party firms who own, crew, and operate a fleet of drilling rigs. These contractors often maintain an operational (marketed) fleet well in excess of their current and recent project...