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Top Drilling Contractor News
Oil and Gas Sector · United StatesU.S. shale producers Devon Energy and Coterra Energy said on Monday they will merge in an all-stock deal valued at $58 billion, creating a large-cap producer with a dominant position in the Delaware Basin as the industry consolidates to cut costs and boost scale.See the Story
U.S. shale producers Devon and Coterra to merge in a $58 billion deal
64% Center coverage: 47 sources
United Kingdom · United KingdomUK Oil & Gas completed the plug and abandonment of the Broadford Bridge-1/1z well in the UK, marking the conclusion of abandonment operations that began in late 2025 and finished on 4 February 2026. The company said the work was carried out in full compliance with approved programs, regulatory requirements and consents. UK Oil & … The post UK Oil & Gas completes Broadford Bridge well abandonment appeared first on Drilling Contractor.See the Story
UK Oil & Gas completes Broadford Bridge well abandonment
United States · United StatesThe Bureau of Ocean Energy Management, today announced another major step toward expanding offshore energy development pursuant to the One Big Beautiful Bill Act. BOEM released the Final Notice of Sale for Lease Sale Big Beautiful Gulf 2 (BBG2)…See the Story
