Industry research, market reports, trend analysis, and intelligence relevant to Permian Basin and energy markets.
Enhance Energy’s Origins CCS Hub in Alberta is set to begin operations in January with capacity to store up to 1.5 million metric tons of CO₂ annually, making it Canada’s largest CCS project.
Read MessageRoyale Energy is completing its 10th Permian well after nine producers met or exceeded the company’s type curve, with more than 70 additional Barnett and Woodford drilling locations identified across its acreage.
Read MessageArgent LNG and Albania will evaluate a 5-MMtpa LNG import terminal designed to connect with regional pipelines and deliver U.S.-sourced gas across the Western Balkans and Southeastern Europe.
Read MessagePresident Donald Trump said energy prices that have been elevated due to the Iran war will not come down until after the midterm elections.
Read MessageSaipem has secured a contract from GOE Petrol Sanayi to provide commissioning services for the Osman Gazi FPU at Türkiye’s deepwater Sakarya gas field in the Black Sea.
Read MessageBy Stephen Whitfield, Senior Editor AI, machine learning and automation are becoming ever-present components of drilling operations. However, the industry is not on the verge of handing the well over to the machines. In fact, it’s the opposite – it’s in the middle of redefining what its human experts do alongside them. The technology is...
Read MessageWhite Fleet Drilling’s WFD 450 jackup commenced a multi-well drilling program on Arena Energy’s US Gulf assets, the companies announced on 8 September 2026. The WFD 450 can drill in water depths up to 400 ft and to total depths of 30,000 ft, giving Arena access to platforms previously beyond the reach of the existing...
Read MessageAmplitude Energy reached total depth at the Juliet-1 exploration well offshore Victoria, Australia, on 7 September 2026, intersecting a gas-bearing interval in the primary Waarre C reservoir target. The Transocean Equinox semisubmersible drilled the 8-1/2 in hole section to a total depth of 2,299 m TVDSS, penetrating the Waarre C sandstone at 2,129 m TVDSS....
Read MessageOil and Gas Development Company (OGDCL) and joint venture partner Mari Energies achieved first gas at the Lundali-1 well in Pakistan’s Sukhpur-II Block on 6 September 2026. The well is producing 10 mcf/d of gas at a wellhead pressure of 2,000 psi, with output supplied to Sui Southern Gas Company Limited (SSGC). Lundali-1, located in...
Read MessageBrent crude topped $100/bbl for the first time since July after the U.S. destroyed five Iranian tankers, adding fresh supply concerns as Chinese crude buying rebounds and global inventories decline.
Read MessageAlthough it’s been multiple decades since the concept of managed pressure drilling (MPD) was introduced, the technology remains significantly underutilized across the industry. Closing that gap will require better quantification and communication of the full range of safety, efficiency and environmental benefits MPD can provide to operators. This was the message Eric van Oort, Professor...
Read MessageOil prices rose on Wednesday as escalating tensions between the U.S. and Iran fueled concerns over further disruptions to Middle East energy supplies,
Read MessageAI can compress hours of offshore troubleshooting into minutes by giving frontline engineers instant access to the domain-specific knowledge they need, said Jose Meraz, President of Aquila Digital. In this video interview with DC taken from the 2026 IADC Advanced Rig Technology (ART) Conference in Austin, Texas, on 25 August, Mr Meraz discussed Iris, a...
Read MessageMechanizing upper completion tasks can eliminate personnel exposure in the red zone entirely, turning a historically manual, high-risk process into a safer and more consistent operation, said Neil Alleman of Expro. Speaking to DC in this video from the 2026 IADC Advanced Rig Technology Conference in Austin, Texas, on 25 August, Mr Alleman discussed the...
Read MessageWhite Fleet Drilling’s WFD 450 has begun a multi-well program for Arena Energy on the Gulf shelf following a $65 million acquisition and refurbishment, extending the operator’s drilling reach to previously inaccessible assets.
Read MessageUnity deployed a custom thru-tubing inflatable cement retainer to isolate a technically challenging well in Italy after conventional cement squeeze operations failed to overcome a thief zone behind the slotted liner.
Read MessageVentura Offshore agreed to provide marketing and operations management services for Eldorado Drilling’s Deep Value Driller and separately signed a one-well drilling contract with PETRONAS E&P Bobara offshore Indonesia. The agreement with Eldorado Drilling covers the Deep Value Driller, a seventh-generation ultra-deepwater drillship, and expands Ventura Offshore’s managed fleet beyond the Atlantic Zonda, which the...
Read MessageSantos began drilling its first appraisal well in the Beetaloo Basin on 4 September 2026, following approval of its Environmental Management Plan by the Northern Territory Minister for Lands, Planning and Environment in May 2026. Territory-based contractor Exact Contracting completed construction of the well pad, access tracks and key road intersection upgrades ahead of the...
Read MessageBrazil’s environmental regulator Ibama authorized Petrobras to drill three more wells in the Foz do Amazonas basin, expanding the licensed program in block FZA-M-59 on the country’s Equatorial Margin. Ibama issued the authorization on 3 September 2026 as a rectification of Operating License No. 1684, adding the Manga, Crotalus and PAD Morpho wells to the...
Read MessageSaudi Arabia temporarily halted operations at several energy facilities after Houthi missile and drone attacks sparked fires in the kingdom’s south, escalating concerns over regional oil supplies as Brent approaches $100/bbl.
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