Keystone Energy Tools

SEPTEMBER 11, 2023

Safety, efficiency, and reliability are paramount in successful drilling rig operations. This blog post highlights the crucial significance of utilizing high-quality dies and inserts in the oil and gas industry. Investing in top-notch dies and inserts not only prevents accidents but also leads to long-term cost savings.

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Oilfield Technology

MARCH 6, 2025

The decline in drilling rigs coincides with record-low natural gas prices for most of 2024 and the wider adoption of advanced drilling and completion technologies.

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The Energy Law Blog

MAY 10, 2016

D&D alleged that Pritchard, an employee of Alliance, which XTO retained to operate the rig, failed to ensure that sufficient drilling mud was on hand at the rig, and that the lack of sufficient drilling mud caused a well blow out and subsequent fire that destroyed the rig in LaSalle Parish.

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Pickett Oilfield

NOVEMBER 28, 2023

Drilling and Workover Equipment for Sale! BOP’s *NOV ST-80’s *Drilling Rigs *Spacer Spools *Adapter Spools *DSA’s *Ring Gaskets *Studs *And More! New – Used – Refurbished ~ Learn more about what all we have to offer at Sales@PickettOilfield.com and request a quote.

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Egypt Oil & Gas

MARCH 6, 2025

The well was drilled by using the Valaris DS-12 drilling rig, which is the second discovery by bp in the western region after the King 2 well and the third in this region after the ExxonMobil well.

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Exploration Well Natural Gas Exploration and Production Drilling rig 59

Energy Central

MARCH 24, 2023

H2 theFuture Synopsis: Louisiana Reimagined as an Equitable Energy State of the Future Since the invention of the first submersible drilling rig, launching the boom in offshore oil and gas exploration in the Gulf of Mexico and across the globe, South Louisiana has been at the center of energy innovation.

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Keystone Energy Tools

JANUARY 22, 2025

Anyone who wants to be well-versed in oil drilling must understand the crucial role of the blowout preventer (BOP). Ensuring the safety and efficiency of drilling operations is paramount in the oil and gas industry. One of the most critical components in a drilling rigs safety system is the blowout preventer (BOP).

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Permian Basin Oil and Gas Magazine

MARCH 4, 2025

Civitas plans to run five drilling rigs and two completion crews in Permian Basin. Oil production for 2025 is forecast at 150,000 to 155,000 barrels per day. Civitas said slightly more than half of total capital investments will be allocated to Permian Basin with the remainder to DJ Basin.

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Permian Basin Oil and Gas Magazine

MARCH 4, 2025

The count of active drilling rigs in U.S. There were 593 rigs in U.S. (up Permian Basin reported 305 rigs (up 1 in past week, down 10 in past year). Texas was the only major producing state to report additional rigs last week up 2 to 282 in past week, down 17 from 299 year ago. 28 from Baker Hughes.

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Energy Central

DECEMBER 26, 2023

In response, someone took exception to my claim by stating that he works in the industry, and drilling rigs are stacking up. It is correct that the rig count has fallen. According to data from Baker HughesBHI, the number of rigs drilling for oil and gas has fallen by about 20% in the past.

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Texron Operating

MAY 30, 2023

The advent of intelligent drilling rigs, real-time monitoring, and predictive analytics has revolutionized production processes across the different facets of the industry. Amidst soaring global energy demands, the oil and gas industry is constantly reinventing itself, seeking more efficient, eco-friendly production methods.

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DIC Oil Tools

JULY 10, 2024

Let’s delve into what makes drill pipes so crucial and how they contribute to this complex process. What Are Drill Pipes? Drill pipes are long, hollow steel tubes that form a key part of the drill string used in drilling rigs.

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Rig Skills

MAY 24, 2020

There are two drive systems used on rotary drilling rig. These are Kelly drive and top drive system. In this post we will go through of kelly drive versus top drive system. Top drive system is also known as TDS. In kelly system, Rotary table provide rotation. Whereas in TDS, String is rotated with TDS motor.

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Rig Skills

FEBRUARY 26, 2019

Oil and gas rotary drilling rig have several tools at rig floor for handling drill string various components. Rig floor is a platform which provide work space for crew member for tripping drill pipe into or out of wellbore.

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Rig Skills

MAY 26, 2020

We have following types of mud losses while well drilling on drilling rig. Partial losses are easy to manage as drilling rig mud system mixing hopper is capable to build up more mud to continue drilling. Seepage losses These are down hole losses ranging from 2 to 10 bbl per hour.

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Aresco

FEBRUARY 5, 2024

These drill bits are crucial components in the drilling process and come in different types, each suited for specific conditions. Drilling Rig: The equipment and machinery used to drill the well, including the rig itself, mud pumps, derricks, and other drilling apparatus.

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The Energy Law Blog

JANUARY 30, 2008

Due to weather conditions and the limitations of ATP’s contracted drilling rig, ATP was unable to get a well drilled prior to the lease expiration date. In denying ATP’s request for an SOO, the MMS relied upon its Notice to Lessees No.

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The Energy Law Blog

MAY 5, 2023

On June 13, 2017, MRC sent force majeure letters to the lessors claiming that it experienced a delay in the well’s drilling around April 21, 2017.

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Texron Operating

MAY 17, 2023

With the advent of intelligent drilling rigs, real-time monitoring systems, and predictive analytics, companies can now automate many of the tasks performed manually before, improving efficiency and reducing the risk of human error.

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DIC Oil Tools

JULY 13, 2024

Easy Installation and Removal : Oilfield thread protectors are designed for easy installation and removal, often featuring ergonomic designs or handles to facilitate handling in challenging environments such as drilling rigs or offshore platforms.

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Aresco

OCTOBER 25, 2023

Key Processes: Exploration, reservoir analysis, drilling, well completion, and production. Assets: Upstream assets include oil and gas fields (land and mineral rights), drilling rigs, production platforms, and wells.

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DIC Oil Tools

JANUARY 2, 2024

Drill Pipe: Drill pipes are heavy, seamless pipes used in the drilling process. These pipes are designed to connect the drilling rig to the drill bit, allowing for the transmission of drilling fluids and torque.

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Rig Skills

FEBRUARY 26, 2019

mud tanks are important rig components that are used for storing mud for oil and gas drilling operation. Mud Is mixture of water and chemicals used as drilling fluid to drill the well mainly for removing drilled Cutting and to overcome formation pressure. We will discuss about mud tanks miscellaneous components.

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Drillers

MARCH 31, 2021

Category C: Drilling rigs capable of performing all well operations through marine riser and BOP. Category D: Production Drilling, with focus on completion and intervention needs. Type 1 and type 2 vessel-based approach provides cost savings compared to the contracting of a drilling rig. MODUs or cat.

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The Energy Law Blog

SEPTEMBER 2, 2015

The Agreement allowed Anadarko to place a drilling rig on the surface and to drill through the earth to form wells that open and bottom in the CWMA. Lexis 8673 (Aug. Lightning held a mineral lease on the adjacent estate, and upon learning of Anadarko’s plan, sought an injunction.

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The Energy Law Blog

NOVEMBER 18, 2020

Smart Fabricators of Texas (“SmartFab”) fabricates steel and repairs oil and gas drilling equipment. Its employees work at its shop and yard and occasionally on jacked-up drilling rigs, often docked to inland piers. Gilbert Sanchez, a welder-fitter employed by SmartFab, never went to sea on vessels. 3d at 555.

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Casing Drilling rig Offshore E&A 40

The Energy Law Blog

NOVEMBER 18, 2020

Smart Fabricators of Texas (“SmartFab”) fabricates steel and repairs oil and gas drilling equipment. Its employees work at its shop and yard and occasionally on jacked-up drilling rigs, often docked to inland piers. Gilbert Sanchez, a welder-fitter employed by SmartFab, never went to sea on vessels. 3d at 555.

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Casing Drilling rig Offshore E&A 40

Aresco

AUGUST 13, 2024

Tangible Drilling Costs (TDCs) , on the other hand, are associated with the purchase of equipment and have salvage value, like the drilling rig and wellhead. This provides a significant upfront tax benefit, reducing the overall financial risk of the investment. These costs are typically depreciated over seven years.

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Oil Gas Exploration and Production Drilling rig 52

Aresco

NOVEMBER 30, 2023

What sets intangible drilling costs apart is their intangible nature, as they are related to activities and services essential for the drilling process but do not involve the acquisition of physical assets like drilling rigs or equipment.

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The Energy Law Blog

NOVEMBER 13, 2019

A coastwise point is defined as any point/location within the territorial waters of the United States, i.e., all points/locations landward of the three-mile belt surrounding the coast of the United Stated and its island territories and possessions (including Puerto Rico, but generally excluding American Samoa, Northern Mariana Islands and the Virgin (..)

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Transportation Operator Drilling rig E&A 40

The Energy Law Blog

MARCH 30, 2017

25] In addition, the operator was unable to move a drilling rig onto the wellsite due to weather in February 2004, and as a result, the operator had to pay standby time for the rig. [26] 21] Prior to spudding the well, the operator faced weather delays and was required to obtain a CUA permit. [22]

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BOE Report

MARCH 12, 2025

Steel is essential for everything from the drilling rigs and pipelines to refineries and storage tanks provided by companies such as ChampionX and Patterson-UTI [Read more]

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Drilling rig Refinery Pipeline Energy 62

Oil Gas Leads

MARCH 11, 2025

For instance, one rig might report, TOOH f/xxx to BHA, while another writes, TOOH for DTF f/xxx. These inconsistencies make it difficult to compare performance across different wells and rigs. Without a standardized format for trips, drilling, rig moves, and downtime, cross-referencing and troubleshooting issues become much harder.

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