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Oil & Gas Drilling Newsletter
  • ‘Lack of urgency’ in the drilling market softens OSV demand 11 Sep 2025 02:51 GMT

    … injecting uncertainty into the offshore rig market, with oil developers slow-walking projects … $67.12 in August 2025. Offshore drilling rig utilisation hit 81.9% in … tonnage operating in every major offshore drilling market. It has a total …

  • Newsom strikes climate deal extending California cap and trade, boosting oil production 11 Sep 2025 00:55 GMT

    oil production in California through new drilling permits and rehabilitating a defunct offshore … relationships with the state’s oil and gas industry as companies announced … various types of polluters.  Meanwhile, Senate Bill 840 provides a blueprint for …

  • Bureau of Land Management auctions off leases for oil and gas development in Colorado 11 Sep 2025 00:29 GMT

    … be leased for mining, drilling and other energy development.  … revised regulations meant to increase drilling on public lands.  In … the “One Big Beautiful Bill Act,” which changed several … to pay taxpayers once oil and gas starts flowing.  Restarting “ …

  • Last-minute bill aimed at boosting California oil production introduced 11 Sep 2025 01:07 GMT

    … lawmakers into approving more drilling,” said the Campaign for … leave Californians living near oil production paying the price.” … that dropped include: Senate Bill 840 and Assembly Bill 1207, which … your electric bills, stabilize gas supply, and slash toxic …

  • DAVID BLACKMON: Are Boom Times Ahead For U.S. Natural Gas? Not So Fast, Says One CEO 10 Sep 2025 22:08 GMT

    … CEO at one large gas-focused independent driller is warning his … Big Beautiful Bill Act. But the reality for gas producers is … scenario. All that said, oil and gas is a notoriously cyclical, … offers wise advice here: Gas-heavy drillers should hope for the …

  • Major Drilling Announces Results of Annual Meeting of Shareholders 10 Sep 2025 21:00 GMT

    … www.sedarplus.ca. About Major Drilling Major Drilling Group International Inc. is … global clientele are met through field operations and registered offices that … -well, coal-bed methane, shallow gas, underground percussive/longhole, and …

  • Indigenous oil producer, Petralon proves community partnership drives business success  10 Sep 2025 20:10 GMT

    … commencement of drilling operations that would prove crucial to the field’s … Limited is an indigenous exploration and production oil and gas company that holds … redefining relationships between oil companies and communities. The field’s transformation has …

  • Condor Energies Launches Drilling Program in Uzbekistan 10 Sep 2025 19:48 GMT

    … prospective targets — unexplored gas accumulations in productive structures … of deploying a second drilling rig is under consideration. Additionally … install compression at the field to manage rising pipeline … 10,284 barrels of oil equivalent per day, …

  • BP Launches Major Drilling Initiative in Mediterranean 10 Sep 2025 19:06 GMT

    … (MoU) aimed at exploring a five-well drilling program in the Mediterranean … production of Egypt’s national gas reserves while making the … evaluation of the drilling campaign, BP may explore tie-back options … 2.5 million barrels of oil equivalent per day by …

  • ONGC plans to rope in BP experts for KG Basin fields 10 Sep 2025 18:30 GMT

    … from mature fields and accelerate monetisation of discoveries. International oil companies occasionally … interpreting complex geology to deepwater drilling and reservoir management, they said … per day (mmscmd) of gas-well below initial projections. Earlier …

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