Industry research, market reports, trend analysis, and intelligence relevant to Permian Basin and energy markets.
Industry Reports Aug 26, 2026
The industrialization of engineering intelligence
By Jason Norman, XRF-Fluid Intelligence For years, the drilling industry has used automation to describe very different levels of technology maturity. Sometimes it means instrumentation: measuring, displaying and trending what is happening. Sometimes it means mechanization: moving equipment with less manual effort. Both create value, but neither transforms engineering decision making by itself. The industry...
Raising the bar: Industry rethinks MPD training to close competency gaps
By Stephen Whitfield, Senior Editor While the managed pressure drilling (MPD) sector has grown substantially in recent years, the available pool of experienced personnel remains limited. The field requires high-level, localized technical training and hands-on operational experience, as well as deep knowledge of hydraulics and narrow downhole pressure limits. As MPD is distinct from conventional...
Engineering ahead of the curve: tubular technology for the next challenge
By Stephen Whitfield, Senior Editor A joint of drill pipe doesn’t experience a well construction program as one continuous job. It experiences it as a series of handoffs. It is manufactured to survive whatever the hole will do to it, gripped and torqued into connection by a wrench that has to make up thousands of...
Aker BP starts production from 120-MMboe Skarv Satellites in Norwegian Sea
Aker BP has started production from three subsea fields tied back to the Skarv FPSO in the Norwegian Sea, bringing approximately 120 MMboe of recoverable resources online one year ahead of the original schedule.
Equinor targets 950,000 boed of international production by 2030
Equinor is targeting 950,000 boed of production outside Norway by 2030, up from 750,000 boed in Q2 2026, as new projects and exploration support growth across its U.S., Brazil and Angola portfolios.
Sri Lanka offers four offshore exploration blocks in new licensing round
Sri Lanka has launched its 2026 licensing round, offering four offshore exploration blocks covering nearly 34,000 km² in the Mannar basin, where previous drilling has confirmed a working petroleum system and gas-condensate discoveries.
Spirit Energy completes $55 million UK North Sea decommissioning campaign
Spirit Energy has completed a $55 million UK North Sea decommissioning campaign, plugging and abandoning three subsea wells and removing more than 234 tonnes of offshore infrastructure with support from DeepOcean and Well-Safe.
SLB selected for FEED work on Havstjerne carbon storage project
SLB and OneSubsea have been selected for reservoir, well and subsea engineering work on the Havstjerne carbon storage project in the Norwegian North Sea as the development advances toward FID.
bp awards Halliburton drilling services contract for Bumerangue appraisal
bp has awarded Halliburton an integrated drilling services contract for the first appraisal campaign at its Bumerangue deepwater discovery offshore Brazil, including reservoir evaluation, automation and remote operations.
Welcome to DC’s latest Digital Reader, offering the entire September/October 2026 edition in English. DC‘s Digital Reader is a faithful recreation of the printed magazine, in digital form! Digital Reader can be viewed on an iPad or Android tablet, and/or your Windows or MacOS computer. Swipe through pages (click + drag on a computer), or...
Halliburton wins integrated drilling and evaluation contract for BP’s Bumerangue appraisal
Halliburton received an integrated contract from BP for the first appraisal campaign in the Bumerangue field, offshore deepwater Brazil. The contract covers a package of drilling and reservoir evaluation services intended to support BP’s appraisal of the Bumerangue discovery in the Santos Basin. Halliburton will apply its drilling and evaluation portfolio to the program, with...
Equinor teams with Aker BP, Vår Energi for joint North Sea exploration push
Equinor, Aker BP and Vår Energi agreed to a strategic exploration collaboration targeting some of the largest remaining opportunities on the Norwegian Continental Shelf. The three companies will combine expertise, data, technology and exploration capacity to pursue high-impact prospects that individually carry higher geological uncertainty, greater complexity and larger investment requirements. Over the next four...
Savannah Energy completes Uquo 13, spuds Uquo South exploration well
Savannah Energy completed drilling and tie-back of the Uquo 13 development well in Nigeria, with the well reaching first gas in July and testing at approximately 50 mcf/d. The company spudded the Uquo South exploration well in early August and is currently completing it. Gas has been confirmed in most of the targeted reservoirs through...