drillingcontractor

Touchstone Exploration brought its Cascadura booster compressor online in Trinidad, delivering better than expected natural gas volumes as the company advanced several production optimization projects across its onshore blocks. The compressor was commissioned in late June 2026 and entered service 9 July, with field estimated gross natural gas production averaging approximatel...

Indonesia Energy’s K-29 well continued drilling on schedule at the company’s Kruh Block on the island of Sumatra, reaching a depth of more than 2,500 ft toward a planned total depth of approximately 3,400 ft. The well, drilled with PT Bina Mitra Artha’s BMA #9 rig, spudded 25 July 2026. IEC expects to enter the …

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Canrig Drilling Technology, a subsidiary of Nabors Industries, recently launched the Canrig Titan, an automated rig floor wrench that minimizes manual intervention on tubular connections. In this video shot at the technology’s launch event on 5 August in Magnolia, Texas, DC spoke with Brian Winter, VP of Engineering at Nabors Industries, about the wrench. In …

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To encourage innovation in the drilling industry, the IADC Advanced Rig Technology (ART) Committee held another Spark Tank on 28 July. Modeled after the TV show “Shark Tank,” the forum allows technology entrepreneurs and emerging companies to pitch their products and ideas to a panel of drilling contractors, operators and service companies (the “sharks”). In …

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After years of underinvestment, confidence is returning to the offshore oil and gas industry. However, this confidence has manifested not as an exuberant return to early 2010s-level spending but rather as measured optimism grounded in capital discipline, says Mike Buck, Senior VP of Upstream, Midstream and LNG at Worley. Speaking to DC in this video …

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