News
Stampede sets Q3 mobilization for Arctic rig
2+ hour, 46+ min ago (163+ words) Stampede Drilling received upfront capital from customer Greenland Energy to fund Arctic upgrades to its rig ahead of a drilling program in East Greenland's Jameson Land Basin. The funding supports modifications required to ready Rig #12 for Arctic conditions under Stampede's…...
AKITA closes Fox Drilling deal, adds six rigs
2+ hour, 46+ min ago (198+ words) AKITA Drilling completed its acquisition of Fox Drilling from Paramount Resources. Fox operates six triple drilling rigs in the Western Canadian Sedimentary Basin, five of which are high-specification AC walking rigs. AKITA issued 19, 264, 270 common shares to Paramount as consideration for…...
Harbour Energy brings Dvalin North online ahead of schedule
1+ day, 3+ hour ago (137+ words) Drilling Contractor Harbour Energy began gas production at the Dvalin North field in the Norwegian Sea, delivered ahead of schedule and under budget The development is a three-well subsea tieback to existing infrastructure via Harbour's operated Dvalin field, with production…...
PV Drilling rolls out NOV automation platform on three rigs
1+ day, 3+ hour ago (183+ words) Drilling Contractor Petrovietnam Drilling (PV Drilling) began rolling out National Oilwell Varco's NOVOS automation platform across its offshore fleet, aiming to standardize operations and move toward Smart Rig capability The company started deployment on three rigs: the PV Drilling VI,…...
Kolibri adds fourth well to 2026 Oklahoma drilling program
2+ day, 4+ hour ago (178+ words) Drilling Contractor Kolibri Global Energy Inc broadened its drilling strategy in the Tishomingo field in Oklahoma beyond the Lower Caney formation, adding evaluation of the False Caney, Upper Caney, T-zone and Sycamore benches using modified completion techniques Kolibri added a…...
Eldorado closes Vantage Drilling acquisition to build five-rig fleet
3+ day, 2+ hour ago (97+ words) Drilling Contractor Eldorado completed its acquisition of Vantage Drilling International on 26 June 2026, with Vantage surviving as an indirect subsidiary of Eldorado following the $257. 6 million all-cash transaction The combination brings together Eldorado's seventh-generation drillship Atlantic Zonda, currently operating in Brazil under…...
Petroper, OIG Consortium launch 114-well drilling program at Talara's Block X
6+ day, 4+ hour ago (163+ words) Drilling Contractor Petroper" and the OIG Consortium have commenced a drilling program at Block X in Peru's Talara basin, the country's most productive onshore hydrocarbon block The program targets 114 wells by December 2026 Block X is operated by OIG Per" on…...
Dana Gas reports drilling success in Egypt, four more wells planned for 2026
6+ day, 4+ hour ago (167+ words) Drilling Contractor Dana Gas' most recent well drilled in Egypt's onshore Nile Delta has identified an estimated 10 billion cu ft of gas resources, significantly surpassing a pre-drill prognosis of 3 Bcf The result also opens up an additional 12 Bcf of potential…...
ADNOC Drilling puts first walking island rig into service
1+ week, 3+ hour ago (145+ words) Drilling Contractor ADNOC Drilling took delivery of AD-300, the first AI-enabled, fully automated walking island rig under its six-rig next-generation program, with the unit arriving nearly three months ahead of schedule The rig stands 50 m tall and weighs around 2, 000 tonnes…...
PETRONAS makes eighth discovery in Block 52 offshore Suriname
1+ week, 3+ hour ago (121+ words) Drilling Contractor PETRONAS made a new gas discovery at Block 52 offshore Suriname, bringing the block's cumulative resource base to more than 1 billion BOE across eight exploration successes, as the Malaysian state company heads toward a final investment decision on the…...