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Sold! Auctioneers Race to Unload Oil Equipment as US Drilling Dries Up

2020-06-12 11:10:00| OGI

Cutbacks by E&Ps have prompted auctions for oilfield equipment from Odessa, Texas, to Alberta, Canada. Even if oil prices remain in the high-$30s, that will not be enough to spur much in the way of additional drilling.

Tags: up equipment sold oil

 

Simmons Edeco Completes First Mexican Drilling Contract for Newpek

2020-06-11 15:03:42| OGI

Simmons Edeco, a leading supplier of onshore drilling and workover services to the global oil and gas industry, successfully completed its first drilling contract for Mexico oil and gas operator Newpek, a division of Grupo Alfa, a major player in the food, IT, and automotive sectors in Mexico on June 2.

Tags: contract mexican drilling completes

 
 

Best of This Weeks Drilling Activity Highlights (June 5, 2020)

2020-06-05 18:00:00| OGI

Four Eagle Ford Shale wells completed by EOG Resources from a single pad in Gonzales County, Texas, plus an oil discovery offshore Mexico by Eni top this weeks drilling activity highlights from around the world.

Tags: june weeks activity highlights

 

Catalyst-Free PDC Cutter Technology to Drive Drilling Efficiencies

2020-06-01 14:00:00| OGI

A new manufacturing process optimizes PDC cutter performance.

Tags: technology drive drilling cutter

 

Managing Transitional Drilling Challenges

2020-06-01 14:00:00| OGI

A new active torque cutting structure is saving millions of dollars in transitional drilling applications.

Tags: managing challenges transitional drilling

 

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