PDC Energy and SRC Energy Merge in Latest Shale Deal
The shale sector is making moves to consolidate amid investor pressure to increase cash flow. This deal will form the second-largest producer in Colorado’s DJ Basin.
PDC Optimistic About Wattenberg, Delaware Assets
PDC’s president and CEO describes the company’s management strategy for its hydraulic fracturing operations in the Wattenberg Field and the Delaware Basin.
Self-Adjusting PDC Bit Under Development
Baker Hughes is developing a drill bit capable of auto-adjusting its depth-of-cut feature to handle dynamic drilling conditions.
Hydraulic Percussion Drilling System Boosts Rate of Penetration, Lowers Cost
Drilling the Severnaya Truba field in Aktobe, Kazakhstan, has been costly and time consuming.
Reducing Frictional Heat in Hard/Abrasive Formations Improves Drilling Efficiency
The recent introduction of a new rolling-cutter polycrystalline-diamond-compact (PDC) bit that uses 360° of the diamond edge has delivered positive results in field trials.
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