Executives from E&Ps such as GeoSouthern Energy and New ASEAN Energy said they are adjusting drilling and hedging strategies in the Haynesville Shale after a rapid collapse in U.S. natural gas prices.
The Permian led the nation in drilling rig activity in the past year, with data showing much of that growth coming from large, public upstream operators as private companies such as CrownQuest Operating, Iskandia Energy and Mack Energy have downshifted.
With the offshore drilling market on a positive upswing, rig companies are trying to meet demand while adding the latest bells and whistles to their fleets.
Virtual modeling of real-world rig floors can help robots relieve humans of the most dangerous jobs.
As ConocoPhillips starts early construction activities for Willow, environmental groups are pushing back with lawsuits against the Biden administration after approval of the Alaska drilling project.
Here’s a roundup of the latest E&P headlines including first gas offshore Egypt and FEED updates in the upstream oil and gas industry.
In this week's E&P Tech Trends episode, join Hart Energy's senior technology editor Jennifer Pallanich as she explores Patterson-UTI's Rig 567.
ADNOC Drilling was able to report a 33% net profit increase in 2022 due in large part to new rigs being added to the company's operational fleet, which now contains 115 rigs.
PetroChina's Pengshen 6 well was drilled to a depth of 9,026 m near Mianyang in China's Sichuan province.
Nabors Industries has partnered with several geothermal startups, including GA Drilling, GeoX, Sage Geosystems and Quaise Energy, looking to enhance geothermal drilling technology.