Newsroom
Company news & releases
Contracts, fleet changes, safety milestones and the Ironmark XG-1 concept programme. This page is the only channel we publish through.
Sep 01, 2026 · Concept
Xtragate publishes the Ironmark XG-1 concept semi-submersible
Our engineering group released design imagery and a concept spec sheet for a low-manning fifth-generation semi-submersible targeting 10,000 ft water depth with a 32-person core crew. The unit is unsanctioned and has not been built.
Aug 24, 2026 · Fleet
Rigs 17 and 18 accepted from the yard, fleet reaches eighteen units
Both deepwater semi-submersibles were accepted new with dual-activity derricks and crewed entirely from within the company, completing the planned fleet five weeks ahead of schedule.
Aug 12, 2026 · Safety
Fleet clears 150 days with a zero recordable incident rate
Every day of the company's existence has now been worked without a recordable incident across all eighteen rigs, twelve vessels and twelve aircraft. Quarterly safety bonus paid to every crew.
Jul 28, 2026 · Contracts
Rigs 14 and 15 awarded three-year Permian development program
A 92-well pad development in Martin and Howard counties begins in Q4 2026, with both rigs under daywork contract through 2029.
Jul 09, 2026 · Fleet
Offshore division stands up with the first two cantilever jackups
Both units were accepted new and mobilised to the Gulf of Mexico shelf, taking Xtragate offshore in its fifth month of operation.
Jun 18, 2026 · Aviation
Aviation division certified under FAA Part 135
Xtragate Aviation received its air carrier certificate and now flies all crew changes and medevac cover in-house rather than by charter.
Jun 03, 2026 · Operations
Eagle Ford district opens with three rigs and a district yard
South Texas operations begin in the condensate window, taking Xtragate to four operating districts inside three months.
May 15, 2026 · Sustainability
Battery peak-shaving fitted across the onshore fleet
Hybrid power reaches 78% of onshore rig coverage, cutting Scope 1 intensity 31% against the company's first-quarter baseline.
Apr 21, 2026 · Operations
First well delivered
Rig 1 released from a vertical Permian test in Glasscock County after twenty-six days. It came in over budget and taught us more than the next ten did.
Mar 14, 2026 · Company
Xtragate Oil, LLC incorporated in Midland, Texas
The company was formed by three drilling supervisors with a signed term contract and an order for four new-build AC-electric pad rigs. Nineteen employees at incorporation.
Media
We do not run a press office.
Xtragate publishes what it chooses to publish, here, and nothing else. We do not give interviews, host rig tours, issue image libraries or comment on customer programmes, contract terms or well results — ours or anyone else's.
Anything material to our lenders or contracted operators goes to them directly. If a release is not on this page, it did not come from us.
