There are several ways to look at Saudi Arabia’s use of crude oil to burn for electrical generation. First, it is fiscally responsible, but it may not be the best long-term solution for their local […]
ENB Pub Note: I have added an updated list of the Petrobras drilling and production expectations for 2025. Petrobras, Brazil’s state-run oil company, has outlined ambitious drilling and production expectations for 2025 as part of […]
Saudi oil and gas driller ADES has signed a contract renewal for one of its offshore jackup rigs with compatriot Aramco. The company did not disclose which rig this was, but did say that the […]
Introduction In the world of oil and gas exploration, accurately valuing wells is a cornerstone of sound financial decision-making. Investors, operators, and stakeholders rely on robust financial metrics to assess the profitability and viability of […]
U.S. oil and gas drillers are slowing down drilling activities, as evidenced by a consistent decline in active rig counts across major basins in 2024 and 2025. This slowdown is driven by several factors: Lower […]
Weekly Daily Standup Top Stories U.S. Largest Grid Operator is warning of Summer Power Shortages May 11, 2025 Clark Savage Key Points Research suggests potential summer power shortages in the U.S. grid, especially in PJM’s region, […]
ENB Pub Note: This announcement of the ADES multi-year extension for a jackup rig raises a bigger question about the Qatar oil reserves and how much they produce. With the great Middle East Trip President […]
Daily Standup Top Stories Saudi Arabia Spends Like Oil’s Still at $90 May 12, 2025 Clark Savage ENB Pub Note: Excellent article from Irina Slav at Oilprice.com. This article reinforces Doomberg’s comments about OPEC and its […]
Australia’s offshore safety regulator NOPSEMA has ordered driller Valaris to stop drilling at the Barossa gas field 300 km north of Darwin over concerns regarding crucial safety equipment. Valaris’ 2011-built MS-1 semisub drilling rig was […]
United Arab Emirates-based jackup rig pure-play Shelf Drilling has revealed a couple of extensions for its rigs and some news regarding its fleet in its latest status report. The company said that its Trident 16 rig secured […]
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