MPD system enables operator to save time and money.

The U.S. and EU imposed economic sanctions on Russia over its annexation of the Crimea region in 2014 and role in the conflict in eastern Ukraine.

Drillers added five oil rigs in the week to April 21, bringing the total count up to 688, the most since April 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said on April 21.

Gulf of Mexico exploration

Operators managed to spud 78 deepwater exploration wells in 2016, while deepwater wells drilled had been cut by half.

Drillers added 11 oil rigs in the week to April 13, bringing the total count to 683, the highest since April 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said on April 13. At this time a year ago, there were 351 active oil rigs.

Drillers added 10 oil rigs in the week to April 7, bringing the total count up to 672, the most since August 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said on April 7. During the same week a year ago, there were 354 active oil rigs.

Permian Basin, DUG Permian, Water, water management, Approach Resources, Matador Resources, drilling, recycling, fracking, infrastructure

Companies could save $90 billion through water management over the life of Permian Basin operations, according to industry executives at DUG Permian Basin.

The law was finalized one week after the state legislature passed the bill. On March 27, state senators voted 35 to 10 to approve the bill.

Drillers added 10 oil rigs in the week to March 31, bringing the total count up to 662, the most since September 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said March 31. During the same week a year ago, there were 362 active oil rigs.

Michael Reimer Mortensen, vice president and head of global sales at Maersk Drilling, said the company has secured three new contracts in the past four months.

Scott Schmidt, Baker Hughes, TerrAdapt, drillbit, technology, Society of Petroleum Engineers, International Association of Drilling Contractors, oil, gas

E&P spoke with Scott Schmidt, vice president of drillbits for Baker Hughes, about the company's TerrAdapt adaptive drillbit.

shale, technology, KCA, oil, ConocoPhillips, Halliburton, drilling, well, proppant

Recent trends and new technology indicate operators and service companies are thinking outside of the box and experimenting with different methods and techniques to grow production.

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