The cost drilling oil well now costs as much as $120 million, according to the chairman, Green Energy International Limited, Prof. Anthony Adegbulugbe. He dropped the hint at the official project sign ...
Efficient drilling in shale reservoirs requires detailed 3-dimensional (3D) horizontal well trajectories. An orthogonal-arc trajectory (OAT) method assumes a single constant curvature in the curved ...
Drilling a water well in the Hill Country of Texas, where the terrain is predominantly limestone, can be costly. A 650-foot well with a proper setup, including a pressure tank and reservoir, can cost ...
BRISTOL, Va. (WCYB) — Leaders in Bristol, Virginia say they are "fully committed" to addressing and resolving challenges at the quarry landfill in an environmentally sound manner. At the same time, ...
Following several years of rampant oversupply, the US rig market has spent the past several quarters operating near maximum capacity utilization, supporting significantly increased day rates. Drillers ...
In engineering, precision tools are as crucial as the instruments a surgeon relies on to perform intricate surgeries with ...
Similar to contract drilling, pricing for pressure pumping largely depends on the supply-demand balance, with service firms generally commanding pricing power around 80% utilization. Patterson’s ...
Rich Tabaka takes a moment to discuss the benefits of investing in oil and gas, and how it could significantly improve your portfolio.
MANATEE CO., Fla. (WFLA) — Drilling in Piney Point has started, beginning the process of creating a deep injection well at the historically problematic phosphogypsum stack in Manatee County. The start ...
Beetaloo Sub-basin - Completion of the three well batch drilling 2025 campaign 15 October 2025 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce that Falcon Oil & Gas Australia ...