The predictive system designed by Nabors Industries and Corva offers more than speed, accuracy, cost-efficiency and efficiency.
Hess estimates connecting these four Nabors rigs to the grid will reduce greenhouse-gas emissions from the company’s Bakken drilling operations by 50% and energy costs by 70%.
Here’s a roundup of the latest E&P headlines, including field development milestones and new contract awards.
Here’s a roundup of the latest E&P headlines, including an awarding of blocks from Lease Sale 259 and the start of production from a new well.
Relying on the physics that keeps planes in the air, Enteq’s SABER system uses fluid forces to steer the bit.
Here’s a roundup of the latest E&P headlines including plans the Brasse tieback on the Norwegian Continental Shelf and several contract announcements.
Patterson-UTI acquired Ulterra Drilling Technologies from affiliates of Blackstone Energy Partners in a cash and stock deal valued at about $780 million.
Chord Energy announces more divestitures and showcases results of longer laterals, which produce a third more than two-mile wells, CEO Daniel Brown said.
Comstock Resources' well is still cleaning up after six weeks online, and the ultimate IP is expected to be higher.
R3 Environmental Systems’ process recovers drilling fluid and water from waste generated during drilling operations for use as a direct substitute for virgin drilling fluid in new drilling mud products.