News Topics: Drilling

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Mexico Oil Reform Advances With First Private Well in 80 Years
Tuesday, May 23, 2017 For the first time in almost 80 years, a private company has sunk a new offshore oil well in Mexican waters.

Canada's Permian of the North Roused by Cheap Gas Drilling
Friday, May 19, 2017 Drilling rigs and roughnecks are hot commodities once again across the Montney shale formation and companies are having a hard time keeping up with demand.

ExxonMobil, Total Discuss Offshore Drilling Opportunities In Greece
Friday, May 19, 2017 Greece's energy minister holds talks with representatives of ExxonMobil and Total about gas exploration opportunities off Greek shores.

Tullow Hits Oil at Kenyan Well
Wednesday, May 17, 2017 Tullow Oil plc announces that the Emekuya-1 well in Block 13T, Northern Kenya, has hit oil.

Total Expands Oil Search Offshore West Africa With Mauritanian Deal
Friday, May 12, 2017 Total has signed a deal to explore for oil and gas offshore Mauritania, the French company says.

Repsol Comes Up Dry in Norwegian Sea Wildcat Well
Friday, May 12, 2017 Repsol Norge AS, operator of production license 705, has come up dry in the drilling of wildcat well 6705/7-1, located in the northern part of the Norwegian Sea.

One Dud Oil Field Doesn't Set a Trend as Kurds Keep Drilling
Wednesday, May 10, 2017 When one of the biggest crude producers in Iraqi Kurdistan downgraded reserves in March, doubts about the economic potential of the region deepened.

Shale Drillers Are Outspending the World With $84 Billion Spree
Tuesday, May 09, 2017 North American drillers plan to lift their 2017 outlays by 32% to $84 billion, compared with just 3% for international projects, according to Barclays.

Total Will Invest $500 Million to Produce Shale Gas in Argentina
Thursday, April 27, 2017 Total will spend $500 million over three to four years to develop a shale-gas field in Argentina.

Trump Order Aims To Allow Drilling At National Monuments
Wednesday, April 26, 2017 Trump signs an executive order to identify national monuments that can be rescinded or resized - part of a broader push to open up more federal lands to drilling, mining and other development.

Norway's Statoil Plays Down Risks Ahead Of Arctic Drilling
Monday, April 24, 2017 Statoil plays down concerns that drilling in the Arctic is risky, days before it kickstarts its drilling campaign in the Barents Sea.

US Will Not Issue Drilling Waivers To Russia Sanctions
Friday, April 21, 2017 The US will not make an exception for American companies seeking to drill in areas prohibited by US sanctions on Russia.

Statoil Receives Consent to Drill Well in Barents Sea
Friday, April 21, 2017 Statoil ASA receives consent to drill an exploration well in block 7219 in the Barents Sea, Petroleum Safety Authority Norway has announced.

Qatar Petroleum, ExxonMobil To Explore For Oil And Gas In Cyprus
Wednesday, April 05, 2017 Qatar Petroleum and ExxonMobil will start drilling for oil and gas off the southern coast of Cyprus in 2018.

Qatar to Drill in Biggest Gas Field After 12-Year Freeze
Monday, April 03, 2017 Qatar Petroleum plans to start a new development in the offshore North Field, ending a 12-year ban on new projects that allowed the company to assess how its current rate of extraction affects the giant reservoir it shares with Iran.

Russian Oil Firm Rosneft To Start Barents Sea Drilling In 2018
Monday, April 03, 2017 Rosneft plans to start drilling in the Barents Sea in 2018, chief executive Igor Sechin tells President Vladimir Putin via video-link.

Baker Hughes: US Drillers Add Most Oil Rigs in a Quarter Since 2Q 2011
Friday, March 31, 2017 U.S. drillers add oil rigs for an 11th week in a row in the best quarter for boosting the rig count since the second quarter of 2011.

Russia Can Wait for $70 Oil Before Re-Entering Arctic Waters
Wednesday, March 29, 2017 Russia can wait for a sustained recovery in oil prices before drilling again in Arctic waters, relying for now on less costly regions.

Land Swaps Let Permian Drillers Expand Shale Wells on the Cheap
Wednesday, March 29, 2017 Horizontal drilling in the Permian Basin is creating a new kind of swap meet.


 
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