Egypt Oil & Gas

MARCH 6, 2025

The initial results of the Fayoum 5 exploration well located in North Alexandria, which is in the west of the Mediterranean, showed the presence of a gas-bearing layer, and electrical recordings are being made in the coming days.

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Exploration Well Natural Gas Exploration and Production Drilling rig 59

DIC Oil Tools

JULY 10, 2024

Drill pipes are the unsung heroes of the oil and gas industry, essential in the exploration and extraction of fossil fuels from deep within the earth. Let’s delve into what makes drill pipes so crucial and how they contribute to this complex process. What Are Drill Pipes? Why choose DIC Oil Tools for Drill Pipe?

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Oil Drilling rig Gas Exploration and Production 52

Texron Operating

MAY 17, 2023

From Drill Bits to Drones: Innovations in Texas Oil and Gas Production Introduction: As the energy demand continues to grow, so does the need for more efficient and sustainable oil and gas production methods. As automation and AI transform production processes, machines will likely replace some jobs.

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Oil Gas Exploration and Production Drilling rig 52

Aresco

OCTOBER 25, 2023

Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. Upstream involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs. What is oil and gas upstream midstream downstream?

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Aresco

FEBRUARY 5, 2024

Tangible Drilling Costs (TDC) are expenses associated with the physical aspects of drilling for oil and natural gas. These costs are directly related to the actual drilling operations and typically represent a significant portion of the overall expenses in oil and gas exploration and production.

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Drilling rig Oil Exploration and Production Gas 52

DIC Oil Tools

JANUARY 2, 2024

DIC all products are tested numerous times under technical guidance and are made from Premium quality material. When it comes to the production, exploration, and transportation of oil and gas resources, OCTG are an absolute necessity. These tubular products are built to withstand cruel conditions in the oil and gas industry.

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Oil Gas Exploration and Production Casing 52

Aresco

NOVEMBER 30, 2023

In this blog, well break down what IDCs are, provide real-world examples, explore their tax treatment, and discuss how excess IDCs could affect your tax strategy. Intangible Drilling Costs (IDC) are a critical element of the financial landscape in the oil and gas industry. What are intangible drilling costs?

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