Completions
News
December 08, 2014
DALLAS -- Well completion provider FTS International has acquired J-W Energy's subsidiary, J-W Wireline Company, the two companies have announced.
News
December 08, 2014
STAVANGER, Norway -- Centrica Resources Norge, operator of production license 528 B, is about to complete drilling of wildcat well 6707/10-3 S. The well resulted in a minor gas discovery.
News
December 08, 2014
LONDON -- Europa Oil & Gas has received a new prospect inventory from Kosmos Energy, the operator of the licenses FEL 2/13 and FEL 3/13, in the South Porcupine basin, offshore Ireland.
News
December 08, 2014
CLAREMONT, Australia -- Empire has signed a Letter of Intent (LOI) with drilling contractor Enerdrill for the drilling of upto three wells (subject to successful fundraising).
News
December 08, 2014
SINGAPORE -- Goldpetrol, a jointly controlled entity of Interra Resources, has commenced drilling development well CHK 1195 in the Chauk oil field in Myanmar.
News
December 07, 2014
STAVANGER, Norway -- Statoil has extended the the suspension periods for COSL Pioneer, Scarabeo 5 and Songa Trym due to overcapacity in the rig portfolio. The suspensions are also a result of the failed attempts to mature alternative tasks for the rigs.
News
December 06, 2014
HOUSTON (Bloomberg) -- The boom in U.S. oil production will live to see another week. The nation’s crude explorers, engaged in a pricing war with the world’s largest suppliers, defied predictions of a drilling slowdown and ran the most rigs since mid-November, boosting the U.S. count by three to 1,575, Baker Hughes Inc. said Dec. 5. Rigs targeting natural gas were unchanged at 344, the Houston-based field services company’s website showed.
News
December 03, 2014
CLEVELAND, Ohio -- Hardbanding Solutions by Postle Industries has released a new standard operating procedure for the application of Duraband NC hardbanding on completion tubing connections.
News
December 03, 2014
HOUSTON -- CAMAC Energy has signed a contract with a subsidiary of Transocean for the provision of the semi-submersible drilling unit Sedco Express for drilling and completion activities offshore Nigeria.
News
December 03, 2014
RIO DE JANERIO -- Petrobras has announced the discovery of natural gas accumulation at Orca-1 exploratory well, in Tayrona block, at Colombian Caribbean deepwaters, 40 km off the coast of La Guajira.
News
December 02, 2014
VIENNA, Austria -- OMV has commenced production at the MR-8A well from a previously undrained compartment in the Maari field off the Taranaki coast of New Zealand.
News
December 02, 2014
WESTHILL, Aberdeen -- Ennsub has been awarded a contract worth $3.15 million (£2 million) by Benthic to build a newly enhanced and portable Launch and Recovery System (LARS4) to complement the latest addition to its seabed drilling and geotechnical drill fleet.
News
December 01, 2014
OKLAHOMA CITY, Oklahoma (Bloomberg) -- Billionaire wildcatter Harold Hamm, a founding father of the U.S. shale boom, said U.S. drilling will slow because of lower oil prices. While the chairman and CEO of Continental Resources Inc. sees U.S. activity decreasing, he said a potential price war bodes well for U.S. producers that can outlast many countries that depend on far higher oil.
News
December 01, 2014
SINGAPORE -- Marine Contracting has announced the successful move of the Cendor mobile offshore production unit (MOPU) from the Cendor field, offshore Malaysia, to Batam, Indonesia, for upgrade work en route to its eventual destination in the Wassana field in the Gulf of Thailand.
News
December 01, 2014
GENEVA, Switzerland (Bloomberg) -- Lubrizol, the chemical-additives business at Warren Buffett’s Berkshire Hathaway Inc., agreed to buy two units from Weatherford International for at least $750 million after the seller was squeezed by lower oil prices.
News
December 01, 2014
LONDON -- African Petroleum has entered into an agreement with the Government of the Republic of The Gambia to reinstate the company’s Alhamdulilah License Block A1 and License Block A4, and settle all prior issues concerning the Gambia licenses including the discontinuation of arbitration proceedings.
News
November 30, 2014
STOREBO, Norway -- DOF has been awarded five new platform supply vessel (PSV) contracts by Total, Chevron, CNR International and BP.
News
November 28, 2014
ST. PETERSBURG, Russia -- Gazprom Neft has become the first oil operator in Russia to drill a well with a horizontal borehole of 1,500 m. The well, on the Yamal Peninsula, reached 4,200 m in length. Some 91% of the horizontal section is located in the oil-saturated bed of the Novoportovskoye formation, characterized by high permeability strata, which yield high flow rates without the application of fracing.
News
November 27, 2014
SYDNEY -- Drillsearch Energy has made a new wet gas discovery on the Western Cooper Wet Gas Fairway of the Cooper basin.
News
November 27, 2014
BRISBANE, Australia -- Linc Energy has detected hydrocarbon shows in the Stuart Range Formation at the Pata 1 exploration well, located in PEL121, in the Arckaringa basin.
News
November 26, 2014
HAMILTON, Bermuda (Bloomberg) -- Seadrill Ltd. fell the most in six years after the offshore driller controlled by billionaire John Fredriksen suspended dividends as the slump in oil prices hurts demand for rigs. Hamilton, Bermuda-based Seadrill fell as much as 16%, the most since November 2008, to 118.8 kroner and traded at 118.9 kroner at 9:37 a.m. in Oslo. That’s the lowest level since July 2010.
