Industry research, market reports, trend analysis, and intelligence relevant to Permian Basin and energy markets.
By Jessica Whiteside, Contributor This could be a momentous year for Namibia’s emerging offshore oil and gas industry. TotalEnergies is expected to take a final investment decision on its Venus project in the Orange Basin, and Shell is resuming exploratory drilling in Petroleum Exploration License 39 after writing down $400 million on earlier discoveries last...
Read MessageBy Stephen Whitfield, Senior Editor In a time of shifting industry regulations and cost pressures, onshore drilling contractors remain under tremendous pressure to maintain capital discipline. This means that, even though replacing traditional Tier 2 diesel engines with natural gas, or even dual-fuel, engines can reduce emissions output and fuel costs, the substantial capital cost...
Read MessageBy Stephen Whitfield, Senior Editor Over the past few years, the offshore oil and gas landscape in South America has undergone a noticeable shift. Traditional fields and proved reserves in areas like the Brazilian pre-salt have matured, while newer plays like Guyana have become consistent producers. Beyond that, new frontiers like the Equatorial Margin in...
Read MessageFrom the Chairman It’s impossible for people to make informed decisions about something they have little or no connection to, or facts about. This, I believe, is at the very root of the drilling industry’s perception problem. People don’t really know us or our contribution to society, and what they have been told is often...
Read MessageBy Stephen Whitfield, Senior Editor Any young professional looking to make their way in oil and gas must answer some key questions for themselves. For example, do you want a more technical career, or do you envision yourself in management? Do you have the soft skills needed to work collaboratively with people? If you strive...
Read MessageHeading deeper into the latter half of the 2020s, the offshore oil and gas industry in the UK is at an inflection point. The country will continue to need significant volumes of oil and gas for decades. According to Offshore Energy UK’s (OEUK) Business Outlook Report 2026, oil and gas still supplied 75% of the...
Read MessageFederal committee exempts US Gulf drilling activities from Endangered Species Act On 31 March, the Endangered Species Committee, a US federal committee, voted unanimously to exempt US Gulf oil and gas activities, including drilling, from the “avoidance or minimization measures” mandated by the Endangered Species Act. This exemption was based on a national security determination...
Read MessageBy Stephen Whitfield, Senior Editor For most of its commercial history, the conventional hydrothermal systems that generate geothermal power have been limited in terms of geological settings. Typically they have only worked in areas where there is an intersection of high subsurface temperatures, naturally permeable formations and producible geothermal fluids capable of sustained circulation. These...
Read MessageBy Stephen Whitfield, Senior Editor Rig power demand can fluctuate rapidly throughout the well construction process – for example, in North American unconventionals, where operations have become far more power intensive and variable over the past decade. Drilling contractors recognize that keeping more generators online than what’s required for operational purposes wastes fuel and unnecessarily...
Read MessageBy Jessica Whiteside, Contributor It took three heart attacks to set Keeley Bell on a path to finding a healthier approach to work and life. Now, he’s on a mission to help rig crews and their employers make the connection between physical and mental health and safe, efficient operations. “The toughest battles that we have...
Read MessageLUFKIN has launched an updated version of its SROD software, enabling faster rod lift design, improved well performance analysis, and enhanced efficiency for artificial lift systems.
Read MessageEnerMech has secured a multi-year contract to deliver integrated topside process, maintenance and integrity services across offshore assets in the UK Continental Shelf.
Read MessageIran intensified pressure on shipping in the Strait of Hormuz, with gunboats firing on commercial vessels while its own oil tankers moved beyond the chokepoint, testing a U.S.-enforced blockade.
Read MessageEmpowering Pumps & Equipment and Gulf Energy Information partner to launch an event focused on operators and engineers working with flow systems across oil and gas, refining, petrochemical, and water.
Read MessageValeura has chartered a jack-up drilling rig for a three-year term to support development and exploration drilling across its Gulf of Thailand assets through 2029.
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Read MessageInnovex International completed its acquisition of Drilling Innovative Solutions (DIS), a Louisiana-based manufacturer of downhole cementing and float equipment founded in 2013. DIS’s product line includes the Sentinel and Defender float valves and the Gatekeeper Cement Retaining Collar, the latter designed as an alternative to conventional packer and bridge plug cement retainers. Innovex said the...
Read MessageHalliburton launched the Volta all-electric control system, part of its SmartWell intelligent completions portfolio, designed to support continuous reservoir and wellbore health monitoring and improve well performance. The system uses a mono-conductor, single-line design that eliminates hydraulics, with the aim of simplifying deployment and reducing operational risk. Its modular control valve architecture reduces inventory requirements,...
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