US seizes Seventh Venezuela-linked oil tanker
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Explore what topside means for offshore rigs. Understand its structure, key components, and importance in oil extraction processes.
I.I Automation scope — Rig automation integrates sensors (surface/subsurface), control systems (PLC/DCS), ML/advanced control, and robotics to execute drilling and workover sequences with minimal human intervention. I.II Control principle — Closed-loop ...
Robots and AI are automating Wyoming’s oil rigs for safer drilling, while coal plants are being upgraded with “robot bubble baths” to boost yields
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Patterson-UTI inks rig lease deal for Archer's Vaca Muerta operations
Patterson-UTI Energy, Inc. PTEN, a leading provider of onshore drilling and pressure pumping services, has secured a significant agreement to lease two state-of-the-art APEX 1500 drilling rigs to DLS Archer Ltd.
I.1 Automation on rigs integrates downhole/uphole sensors, edge computing, and control systems (PLCs, auto-drawworks, automated MPD chokes, robotic pipe handling) to execute tasks with minimal human intervention. I.2 Operating principle: measure–decide ...
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, after last week’s sharp decline. The total rig count in the US rose by 5 to 549 this week ...
The US drilling rig count climbed 5 units during the week ended Dec. 5 to reach a total of 527 rotary rigs working, Baker Hughes Inc. reported. Land-based drilling was up 3 units from a week ago to 527 rigs working. The offshore rig count gained a single ...
OilPrice.com on MSN
Low Oil Prices Force Billionaire Harold Hamm to Halt Bakken Drilling
Billionaire oil magnate Harold Hamm has ceased drilling operations in North Dakota's Bakken shale, citing low margins as oil prices remain near the $50 per barrel range and costs increase.