Post Tagged with: "Drilling"

Superior Drilling Products:  Demand Heading Up with Rig Count

Superior Drilling Products:  Demand Heading Up with Rig Count

Superior Drilling Products (ticker: SDPI) specializes in designing and building products meant to optimize the drilling process. Superior offers five products geared towards advancing drilling efficiency and two services to benefit operating companies during their drilling activities.

Eliminating problems downhole

Independence Contract Drilling: ShaleDriller® Walking Rigs Designed for Pad Drilling Market

Independence Contract Drilling: ShaleDriller® Walking Rigs Designed for Pad Drilling Market

Independence Contract Drilling (ticker: ICD) has made shale play drilling its primary business target with the introduction of its ShaleDriller® series rigs.

Demand for Independence’s rigs is largely focused in the Permian basin, with the Eagle Ford and Haynesville also …

Permian Thought Leaders Talk Turkey

Permian Thought Leaders Talk Turkey

“It will get to a point where it’s actually artificial intelligence that’s drilling our wells for us, with us observing” – Tim Dove, CEO, Pioneer Natural Resources

There are a lot of smart E&P companies rambling around West Texas, the …

U.S., Canada Getting Back to Work:  North American Rig Count Jumps by 57

U.S., Canada Getting Back to Work: North American Rig Count Jumps by 57

Three U.S. plays are more active than Dec. 2015, Canadian rig count 32% higher than 2015

The number of rigs drilling in North America increased by 57 rigs over the course of the week as oil prices remain above $50 …

Oil Comes Back to Life in Canada

Oil Comes Back to Life in Canada

Canada is expecting a 31% increase in the number of wells drilled in 2017: CAODC

Two years after the collapse in oil prices forced the oil and gas industry to scale back drilling, the Canadian Association of Oilwell Drilling Contractors …

November 22, 2016 - 5:46 pm Canada, Closing Bell Story‎, Oil and Gas 360 Articles
Drilling in the Permian Exceeds Year-Ago Levels

Drilling in the Permian Exceeds Year-Ago Levels

U.S. rig count jumps 20 

Drilling activities continue to ramp up ahead of OPEC’s meeting November 30 as U.S. operators look to take advantage of improved oil prices and greater drilling efficiencies. The total number of rigs drilling in the …

Baker Hughes Rig Count:  U.S. Up 11, Canada Up 24 since Last Week

Baker Hughes Rig Count: U.S. Up 11, Canada Up 24 since Last Week

Canadian Oil Drilling is More Active than a Year Ago

Drilling activity is picking up in North America as oil prices continue to climb higher this week. The latest information from Baker Hughes Industries (ticker: BHI) shows the U.S. added …

September 30, 2016 - 6:22 pm Canada, Closing Bell Story‎, Oil and Gas 360 Articles
Alaska: Power to the Conventional Thinker

Alaska: Power to the Conventional Thinker

“We’re not a shale player.  If you look at the amount of global crude oil production from conventional resources, it dwarfs production from shale.  We believe our 750,000-plus acreage position (located on Alaska’s North Slope between the Kuparuk River and …

Resolute Announces $110 Million Midstream Sale, Potential for More Drilling

Resolute Announces $110 Million Midstream Sale, Potential for More Drilling

Resolute Energy sold off midstream assets for a $50 million payment and up to $60 million in earn-out payments

Resolute Energy Corporation (ticker: REN) announced an agreement to sell certain Permian Basin midstream assets for roughly $110 million. The purchaser …

Lost at Sea: Offshore Drillers Face Difficult Road Ahead

Lost at Sea: Offshore Drillers Face Difficult Road Ahead

Oil prices have continued to move upward in recent weeks, and that has spurred the talk of rig counts possibly increasing and production coming back online. As oil prices flirt with the $50 mark, this may become a reality to …

EnerCom Named One of America’s Best Management Consulting Firms by Forbes Magazine

EnerCom Named One of America’s Best Management Consulting Firms by Forbes Magazine

EnerCom: 22 years of advising and serving energy-centric clients

DENVER – April 29, 2016 – Forbes Magazine (Forbes) commissioned an independent study by Statista to identify America’s Best Management Consulting Firms.  EnerCom, Inc. was recognized in the inaugural study in …

Call for Whitepapers

Call for Whitepapers

Highlighting Technologies for Finding Resources, Improving Drilling and Extraction, Storage and Transportation of Oil & Natural Gas

EnerCom Inc. is seeking geoscientists, petroleum engineers, drilling and completions engineers, technology developers and others who would like to submit a technical whitepaper …

EnerCom is Seeking Whitepapers

EnerCom is Seeking Whitepapers

EnerCom Inc. is seeking geoscientists, petroleum engineers, drilling and completions engineers and others who would like to submit a technical whitepaper that highlights new technologies designed to increase success in the drilling and extraction of oil and natural gas. EnerCom …

Significant Declines in Well Completion Costs: EIA

Significant Declines in Well Completion Costs: EIA

Upstream Costs in 2015 were 25% to 30% Below 2012 levels

Hydraulic fracturing has taken center stage in the U.S. as the preferred method of drilling with 77% of onshore rigs operating horizontally according to rig counts. As wells have …

Pioneer Natural Resources Lowers Capex Budget to $2.0 Billion

Pioneer Natural Resources Lowers Capex Budget to $2.0 Billion

$1.85 billion for drilling in 2016 with 10% production growth and no debt raises rest of year

Pioneer Natural Resources (ticker: PXD, PXD.com) announced its fourth quarter results, along with its 2016 capital budget of $2.0 billion. The company …

Colorado Wattenberg Field: Preparing a horizontal drilling rig - Oil & Gas 360

Oil & Gas Industry Looks to 2016 for Answers

Survey of Energy Industry Executives and Investment Professionals Focused on the Oil & Gas Industry

In December, Oil & Gas 360® conducted a survey of industry executives and investors. We asked respondents to predict commodities pricing for 2016, as well …

Why are You Drilling?

Why are You Drilling?

Does the term “bearish” even begin to describe commodity prices anymore?

Oil prices are generating most of the headlines, but natural gas has it just as tough: spot prices for Henry Hub are trading at 16-year lows. The story …

Nighthawk Targets Waterfloods in the DJ

Nighthawk Targets Waterfloods in the DJ

Nighthawk provides an update on its drilling program in the DJ Basin

Nighthawk Energy (ticker: HAWK.L) released an operational update on its drilling program in the Denver-Julesburg (DJ) Basin. According to the press release from Nighthawk, the company is …

Blackbird Energy Commences Drilling Program

Blackbird Energy Commences Drilling Program

CALGARY, ALBERTA–(Marketwired – Sept. 14, 2015) – (TSX VENTURE:BBI) Blackbird Energy Inc. (“Blackbird” or the “Company“) is pleased to provide an operational update regarding its drill program at Elmworth and the significant progress made regarding infrastructure …

September 15, 2015 - 4:43 pm Analytics, Canada
Interview with Alta Mesa Holdings President & CEO Hal Chappelle at The Oil & Gas Conference® 20

Interview with Alta Mesa Holdings President & CEO Hal Chappelle at The Oil & Gas Conference® 20

Alta Mesa Holdings President & CEO Hal Chappelle talks to Oil & Gas 360 at The Oil & Gas Conference® 20 in Denver about his company’s holdings, operations and use of technologies to improve yields and reduce costs.

View Alta

Rig Count Makes Biggest Gains Yet in 2015

Rig Count Makes Biggest Gains Yet in 2015

Overall rig counts up 2% on additions in the oil patch

Overall rig counts reached a nearly two-month high this week, with Baker Hughes (ticker: BHI) reporting 876 rigs active in the United States for the week ended July 24, …

Secure Data Transmissions from the Digital Oilfield

Secure Data Transmissions from the Digital Oilfield

Secure Data Coverage across 55,000 Square Miles of U.S. Oilfields

Two U.S. technology companies recently joined forces to launch a large-scale data/IoT communications network that provides secure data transmission in more than 55,000 square miles of U.S. oil and gas …

TOP MINDS IN THE BUSINESS: Bruce Benson, President of the University of Colorado

TOP MINDS IN THE BUSINESS: Bruce Benson, President of the University of Colorado

Bruce Benson has served as the President of the University of Colorado (CU) for the past 7 years, making him the longest-serving CU president in more than half a century. During his time at the helm of one of the …

Unit Corporation’s SOHOT Play Living Up to Its Name

Unit Corporation’s SOHOT Play Living Up to Its Name

Unit Corporation (ticker: UNT) is one of the more diversified companies in the oil and gas industry, with segments focused on upstream, midstream and drilling operations. Unit has been in business since 1953 and 2015 is shaping up to be …

Ohio Supreme Court Upholds State’s Supremacy in Drilling Regulations

Ohio Supreme Court Upholds State’s Supremacy in Drilling Regulations

The Ohio Supreme Court rules that regulating oil and gas drilling is up to the state, not local authorities

In a 4-3 decision with three written dissents, the Ohio Supreme Court has decided that certain local zoning laws aimed at …

February 18, 2015 - 4:06 pm Oil and Gas 360 Articles, Regulatory
Close proximity of oil and gas drilling operations to residential real estate developments creates problems for operators and homeowners.

Erie, Colo. Town Council Votes Against Postponing Drilling Permits in the Wattenberg

The town of Erie, Colorado, has decided against postponing drilling permits within city limits, The Denver Post reported today. The Erie Board of Trustees voted to not impose a moratorium by a 4-3 count. Citizens had filed noise complaints from …

Eclipse Resources: Six New Wells Online in the Utica

Eclipse Resources: Six New Wells Online in the Utica

Eclipse Resources (ticker: ECR) provided an operational update on its recent production and drilling activities. From September 30 (the end of the third quarter 2014) to November 30th, the company brought six new operated wells online in the …

Colorado’s Oil & Gas Task Force Positive for Industry, Marwood Group Says

Colorado’s Oil & Gas Task Force Positive for Industry, Marwood Group Says

On September 9, 2014, Governor John Hickenlooper appointed 19 members to join a panel led by one oil and gas company president and one environmental activist.  The idea is to help guide decisions dedicated to regulating oil and gas development …

September 19, 2014 - 6:10 pm Oil and Gas 360 Articles