Permian Basin Oil and Gas Magazine

MARCH 4, 2025

Denver-based Civitas Resources said last week it expanded its Permian Basin position with the purchase of operated assets in Howard, Glasscock and Upton counties in Midland Basin. Civitas plans to run five drilling rigs and two completion crews in Permian Basin. Chris Doyle, president and CEO, said Feb.

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Basin Drilling rig Barrel Oil 52

The Energy Law

MAY 5, 2023

2023), the Texas Supreme Court held that the lessee could not invoke a force majeure clause to save its oil and gas leases when it inadvertently scheduled its operations to begin after the requisite deadline. The Court narrowed its discussion to whether MRC’s operations were “delayed by” an event of force majeure.

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Spud-in Oil Gas Operator 98

DIC Oil Tools

JULY 10, 2024

At DIC Oil Tools, we only use the most durable materials available for OCTG and drill pipe manufacturers. Our premium materials and construction ensure that your system will be operational for years to come. Let’s delve into what makes drill pipes so crucial and how they contribute to this complex process.

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Oil Drilling rig Gas Exploration and Production 52

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. BOP trolley It is located below rig, mounted on track guide.

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Drilling rig Casing Operator IT 52

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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Oil Gas Drilling rig Hydraulic Fracturing 52

Rig Skills

MAY 24, 2020

There are two drive systems used on rotary drilling rig. In TDS drill pipe are completely round, better for BOP element. Kelly need two case hole on rig floor, Rate hole & mouse hole. In case of TDS we need only mouse hole on rig floor. These are Kelly drive and top drive system.

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Drilling rig Casing Completion Operator 52

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

JULY 13, 2024

Typically made of plastic or steel, these protectors significantly reduce downtime and delays, ensuring that operations run smoothly and efficiently. Environmentally Resistant : They are resistant to oil, water, and other chemicals commonly encountered in oilfield operations, ensuring long-term protection without degradation.

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Oil Drilling rig Transportation Utilities 52

Drillers

MARCH 31, 2021

As the situation is now, it will not be economically sustainable for operators to perform P&A operations conventionally. The best way for P&A operations to become more economically viable is through advances in technology. Category C: Drilling rigs capable of performing all well operations through marine riser and BOP.

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Abandonment Workover Temporarily Abandoned Operator 52

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.

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BBL Drilling rig Gas Oil 52

DIC Oil Tools

JANUARY 2, 2024

OCTG pipes are subject to strict manufacturing standards and are made from high-strength, corrosion-resistant materials to ensure their reliability in challenging operational environments. Drill Pipe: Drill pipes are heavy, seamless pipes used in the drilling process. The main types are: 1.

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Oil Gas Exploration and Production Casing 52

Aresco

NOVEMBER 30, 2023

Intangible Drilling Costs (IDCs) play a crucial role in oil and gas investments, offering significant tax advantages that can enhance profitability for investors. These costs cover expenses that arent tied to physical equipment but are essential to drilling operations, such as labor, fuel, and site preparation.

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Exploration and Production Consulting Oil Professional Services 52

The Energy Law

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. This decision has a significant impact on the practice of horizontal well drilling. It is common for operators to drill multiple horizontal wells from one drill pad.

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Drilling rig E&P Oil E&A 40

The Energy Law

NOVEMBER 13, 2019

Now, however, the CBP seeks to narrow its interpretation of vessel equipment to include only items which are “necessary and appropriate for the navigation, operation or maintenance of a vessel and for the comfort and safety of the persons on board.”

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Transportation Operator Drilling rig E&A 40

The Energy Law

MARCH 30, 2017

In Petro-Chem Operating Co., 1] In the case, an operator initiated a concursus action seeking to resolve ownership interest in minerals underlying property on which it was operating. 21] Prior to spudding the well, the operator faced weather delays and was required to obtain a CUA permit. [22] Flat River Farms, L.L.C. ,

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Spud-in Operator IT E&A 40

BOE Report

MARCH 12, 2025

tariffs on steel and aluminum imports are poised to escalate costs for the oilfield service companies behind North America’s vast energy industry, as their operations rely heavily on these metals.

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Drilling rig Refinery Pipeline Energy 82

Oil Gas Leads

MARCH 11, 2025

Accurate Daily Drilling Reports (DDR) are essential for optimizing drilling operations, tracking costs, and ensuring project efficiency. Many rigs and drilling contractors have their own ways of recording data, leading to differences in terminology and missing key operational details.

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Oil Gas Basin Operator 52