Completions
News
November 07, 2014
NORFOLK, United Kindgom -- Claxton Engineering, an Acteon company, has developed a new conductor cementing support system (CCSS) that has typically saved 12 to 18 hours of rig time per conductor waiting for cement to cure.
News
November 06, 2014
HOUSTON -- Stress Engineering Services, Inc. has acquired Efird Corrosion International, Inc., a technical service and research company specializing in corrosion testing and analysis.
News
November 06, 2014
OKLAHOMA CITY, Oklahoma – The recent downdraft in oil prices is unsustainable given the lack of fundamental changes in supply and demand, Continental Resources’ Harold Hamm has said. Oil is currently trading in a bear market amid surging U.S. production, and, so far, OPEC’s leading producers have resisted calls to curb production.
News
November 06, 2014
LUFKIN, Texas -- GE Oil & Gas will invest $60 million in expanding and modernizing its foundry operations in Lufkin, Texas. The Lufkin foundry produces industry-leading iron castings used to make Lufkin-branded beam pumping units and power transmission equipment.
News
November 06, 2014
STAVANGER, Norway-- Statoil has decided to suspend two new rigs, Transocean Spitsbergen and Songa Trym, due to overcapacity in the rig portfolio, and unsuccessful attempts to mature alternative assignments. The rigs will be suspended through 2014, a period which might be extended.
News
November 06, 2014
HOUSTON -- Water Standard has launched its compact Membrane Deaeration (MDA) product line for use in waterflooding, improved oil recovery, and enhanced oil recovery applications.
News
November 06, 2014
ST. LOUIS, Missouri -- Emerson has acquired the Paine Electronics business from Paine Electronics, LLC, which will become a part of Emerson Process Management.
News
November 06, 2014
ULSTEINVIK, Norway -- Zhejiang Shipbuilding in Ningbo, China, delivered Sea Swift, the final of twelve platform supply vessels (PSV) of the large PX105 design, to ship owner Deep Sea Supply on Oct. 23, 2014. In addition to the basic design, ULSTEIN has delivered a comprehensive package of systems and equipment as well as on-site support.
News
November 05, 2014
HOUSTON -- Select Energy Services, LLC announced a strategic partnership with oilfield wastewater treatment and recycling company X-Chem/Terra.
News
November 05, 2014
DENTON, Texas – Denton, which sits atop the gas rich Barnett shale, has become the first city in Texas to ban hydraulic fracturing after residents took to the ballet box on Tuesday. The measure was overwhelmingly passed in the 123,000-strong college town by a margin of 59% to 41%. If approved, the ban will come into force on Dec. 2, two weeks after the City Council certifies the election.
News
November 05, 2014
CALGARY, Alberta -- CanElson has signed five drilling rigs to long-term contracts with existing customers, including three previously disclosed and under construction and two additional new build mechanical heavy duty telescopic doubles.
News
November 05, 2014
DUBLIN, Ireland -- San Leon has announced that the gas encountered in the Kety exploration well is considered uncommercial following testing. The well has reached a total depth of 705 m MDBRT (measured depth below rotary table) and will be plugged and abandoned.
News
November 05, 2014
OSLO, Norway -- RWE Dea Norge has received a drilling permit from the Norwegian Petroleum Directorate (NPD) for well 35/9-12 S. The drilling program relates to the drilling of a wildcat well in production license 420.
News
November 05, 2014
HAMILTON, Bermuda -- Seadrill Ltd. has entered into an agreement with Seadrill Partners to sell the ultra-deepwater drillship, the West Vela. Seadrill Capricorn Holdings, a 51% owned subsidiary of Seadrill Partners, will acquire all of the ownership interests in the entities that own and operate the drillship.
News
November 04, 2014
HOUSTON – Hercules Offshore, a Houston-based drilling contractor, is to lay off 324 employees as it shuts down four rigs in the Gulf of Mexico. The job losses are expected to begin around Dec. 31, according to a letter the company sent to the Texas Workforce Commission, the agency charged with overseeing and providing workforce development services in Texas, last week.
News
November 04, 2014
CALGARY, Alberta -- Touchstone Exploration has signed an exploration and production license with the Ministry of Energy and Energy Affairs of Trinidad and Tobago, for the Ortoire block in Southern Trinidad.
News
November 04, 2014
LONDON -- SOCO EPC, operator of the Marine XI block, offshore the Republic of Congo (Brazzaville), has successfully completed testing of the exploration well Lidongo X Marine 101 ST1 (LXM-101).
News
November 04, 2014
SEOUL, Korea -- The naming ceremony for four semi-submersible rigs -- Hull No. 3031, 3032, 3034, 3035 -- ordered by Norwegian-based Songa Offshore was held on Oct. 24. The rigs were named as Songa Equinox, Songa Endurance, Songa Encourage and Songa Enabler, respectively.
News
November 03, 2014
ABERDEEN, United Kingdom -- Churchill Drilling Tools, the provider of innovative dart activated drilling tools, has launched the HyPR (Hydraulic Pipe Recovery) system for the rapid and cost-effective recovery of stuck pipe. Stuck pipe situations cost operators hundreds of millions of dollars a year in wait times. The HyPR tool, developed by the Houston and Aberdeen-located company, can cut that cost significantly by enabling operators to get back on track much more quickly.
News
November 03, 2014
HOUSTON -- Baker Hughes has announced the commercial release of its Completion ArchiTEX (CTX) 3D completion design software, which provides an interactive representation of real-world well environments for more accurate completion designs. The software allows users to input the exact parameters of their completion designs and make adjustments as needed to avoid hazardous situations during operations.
News
November 03, 2014
TRONDHEIM, Norway -- Det norske, as partner in PL554, has announced that drilling and testing of appraisal well 34/6-3 S on the Garantiana discovery, and the wildcat sidetrack well 34/6-3 A have been completed. The updated resource range in PL 554 is estimated at 40-90 MMboe.
