The Space Of The World’s Top Oil Basin’s Is Deteriorating
Oil companies drilling so-called child wells in the Permian risk losing 15 to 20 percent of the crude oil that could be recovered otherwise, investment bank Tudor, Pickering, Holt &…
Alaska Well Sets Record For Longest Extended-Reach Well
An undisclosed supermajor reportedly has set an onshore North American drilling record for longest extended-reach well. A supermajor has set an onshore North American drilling record for longest extended-reach well,…
Equinor Plugs North Sea Duster
Norway’s Equinor has drilled another dry well with the Transocean Spitsbergen rig in the North Sea, offshore Norway. Following a duster drilled in at the 36/1-3 wildcat earlier this month,…