Drilling Industry News

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The $1.05 million deal reflects the company’s ongoing effort to streamline operations and refocus on its core oil and gas business.

Premier Ford’s electricity tax was enacted as a retaliatory measure against the U.S. administration’s previously announced tariffs on foreign steel and aluminum.

The International Ground Source Heat Pump Association (IGSHPA) continues to drive the adoption of ground source heat pump (GSHP) technology

One company recently encountered the scheme when a scammer placed an order for tools and then tried to convince them to pay a freight company via ACH transfer. 

SLB’s new EWC™ electric well control technology replaces traditional hydraulic systems, cutting costs, enhancing safety, and providing real-time monitoring for more efficient drilling operations.

U.S. Energy Secretary Chris Wright is making geothermal a top priority in America’s energy strategy. In his first official directive, he’s calling on the Department of Energy to boost research and development in geothermal technology.

The rising demand for drillers and where to find them.

As the EPA announces another $61 million in grant cancellations—targeting environmental justice and DEI programs—supporters praise the move as a win for fiscal responsibility, while critics warn of setbacks in pollution control and community protections.

Bore Logic, a novel endeavor focused on geothermal, industrial drilling, and rig service operations, has officially launched with Jim Hopkins as President. 

Soren Soe, Rig Developer, discusses the advantages of utilizing Coiled Tube Drilling.