News

Halliburton Revamps Drilling Hardware With an Eye Toward the Digital Future

Halliburton Revamps Drilling Hardware With an Eye Toward the Digital Future

Stephen Rassenfoss, Journal of Petroleum Technology | October 21st, 2021The buzz about the future of automated drilling and it becoming reality depends on improvements in downhole data gathering now. Halliburton is working on it.

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Oil and gas companies say they will lead climate change efforts in New Mexico

Oil and gas companies say they will lead climate change efforts in New Mexico

Adrian Hedden, Carlsbad Current Argus | October 21st, 2021

Oil and gas industry leaders said they would lead efforts to mitigate their own industry’s environmental impacts, amid calls from activist groups throughout the year for stricter regulations to curb greenhouse gas emissions.

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Permian Basin will lead oil and gas' resurgence from COVID-19, industry leaders say

Permian Basin will lead oil and gas' resurgence from COVID-19, industry leaders say

Adrian Hedden, Carlsbad Current Argus | October 21st, 2021

Southeast New Mexico and the Permian Basin could be a leading region in the oil and gas industry’s recovery from COVID-19.

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Permian Oil Output Is Nearing Record Pre-Pandemic Levels

Permian Oil Output Is Nearing Record Pre-Pandemic Levels

Sheela Tobben, Bloomberg | October 18th, 2021Oil output in America’s most prolific shale patch is getting closer to levels seen before the pandemic-driven market crash, as crude prices surge. 

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Global oil demand to surge for rest of year

Global oil demand to surge for rest of year

David Hodary, The Wall Street Journal | October 14th, 2021Soaring natural-gas and coal prices are pressuring power-generation companies and manufacturers to switch to using oil, a trend that could add half a million barrels a day to global demand, the International Energy Agency said Thursday.

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World's first fully automated rig drills its first well in the Permian Basin

World's first fully automated rig drills its first well in the Permian Basin - New Mexico Oil & Gas Association

Yahoo Finance | October 7th, 2021

Nabors Announces World's First Fully Automated Land Rig Has Successfully Drilled Its First Well

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