Completions
News
October 07, 2014
EDINBURGH, Scotland -- Cairn Energy has reported that its FAN-1 exploration well, offshore Senegal, has discovered oil. The well, located in 1,427 m water depth and approximately 100 km offshore in the Sangomar Deep block, has reached a target depth of 4,927 m and was targeting multiple stacked deepwater fans.
News
October 07, 2014
HOUSTON (Bloomberg) -- Occidental Petroleum is seeking to sell oil assets in North Dakota for as much as $3 billion, people with knowledge of the matter said.
News
October 03, 2014
HOUSTON (Bloomberg) -- Rigs targeting oil and natural gas in the U.S. declined by nine to 1,922, according to Baker Hughes Inc. Oil rigs dropped by one to 1,591, data posted on the company’s website show. The gas count fell by eight to 330, the Houston-based field services company said.
News
October 03, 2014
LAFAYETTE, Louisiana -- Doug Keller, president of Knight Oil Tools International, has announced that Joe Lee has been named executive V.P. of Knight Oil Tools International. As part of the international executive team, Lee will provide leadership to management and will work closely with operations, sales and administrative personnel to ensure company goals are met as the international operations continue to expand.
News
October 03, 2014
HOUSTON -- Workstrings International, a Superior Energy Services company, has launched the Workstrings Drill Pipe Specifications App. Workstrings has developed the app to provide convenient access to specifications for the most commonly used sizes and connections of drill pipe, landing strings and tubing.
News
October 02, 2014
MUSCAT, Oman -- BP Oman has awarded two long-term drilling contracts for the Khazzan project in Block 61. KCA Deutag has been awarded more than $400 million worth of contracts for the construction and operation of five new build land rigs for Khazzan. The rigs are being assembled in Nizwa to help maximize employment opportunities in Oman.
News
October 01, 2014
STAVANGER, Norway -- Det norske oljeselskap ASA, operator of production license 553, has concluded the drilling of wildcat well 34/7-36 S. The well, which was drilled about 10 km west of the Visund field in the North Sea, was dry.
News
October 01, 2014
JAKARTA, Indonesia (Bloomberg) -- PT Pertamina agreed to buy a 30% stake in Murphy Oil’s oil and natural gas assets in Malaysia for $2 billion in cash. Closing with the Pertamina Malaysia Eksplorasi Produks unit is expected to take place in two phases, with the first completed this year and the second in the first quarter of 2015, El Dorado, Arkansas-based Murphy said in a statement. Murphy, which entered Malaysia in 1999, will remain operator of the developments.
News
September 30, 2014
SHARJAH, United Arab Emirates -- Dana Gas and its wholly-owned subsidiary Dana Gas Egypt has been awarded the North El Salhiya (Block 1) and El Matariya (Block 3) onshore Concessions in the Nile Delta as part of the 2014 EGAS bidding round held recently in Egypt.
News
September 29, 2014
SYDNEY, Australia -- Roc Oil (China) Company, a wholly-owned subsidiary of Roc Oil, has finished drilling the first of two exploration wells in the Beibu Gulf Block 22/12. The WZ12-10-1 well has discovered oil pay in the Jiaowei (T42) formation, while no oil pay was interpreted in the Weizhou formation.
News
September 27, 2014
GEOJE-SI, South Korea -- Maersk Drilling’s fourth ultra-deepwater drillship was named in a ceremony at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea, on Sept. 25. Lene Berg, wife of Gregers Kudsk, V.P. in Maersk Drilling, had the honor of naming the drillship Maersk Voyager.
News
September 26, 2014
ABERDEEN, United Kingdom -- Tendeka has entered an exclusive strategic agreement with Beijing Wallgate Information Technology to deliver digital oilfield capabilities to key operators in China. The agreement will see Tendeka’s intelligent well technology installed in multiple wells over a minimum period of two years.
News
September 25, 2014
ABERDEEN – United Kingdom -- EV, a specialist in downhole video technology, has launched its IVC (Integrated Video Caliper) product to the well intervention market, which provides real-time answers to well integrity issues. Following two years of development and extensive field trials in Canada, the technology has been launched globally.
News
September 25, 2014
RIO DE JANEIRO -- Petrobras has identified the presence of gas while drilling extension well 3-BRSA-1022-SES (3-SES-181). The well is located in the discovery evaluation plan area of Poço Verde in concession BM-SEAL-4 in the ultra-deep waters of the Sergipe-Alagoas basin.
News
September 25, 2014
STOCKHLM, Sweden -- Lundin Petroleum, through its wholly-owned subsidiary Lundin Malaysia, has entered into agreements to acquire a 50% interest in PM328, and operatorship of the block, from Petronas Carigali. The effective date of the transaction is Aug. 31, 2014.
News
September 24, 2014
HOUSTON – The oil industry risks hamstringing its own research in its headlong rush to develop new technologies for the push into ever harsher subsurface conditions, World Oil’s ninth annual HPHT Drilling and Completions conference heard.
News
September 24, 2014
ABERDEEN, United Kingdom -- Recent estimates suggest that shale gas alone could potentially provide over a third of total UK consumption by 2020, reducing dependency on imported gas up to 27% by 2035.1 Production from US shale reservoirs has increased tenfold since 2007, illustrating the viability of this prolific new source of long-term gas supply and supporting the view that shale gas could play a key role in the future of UK energy.
News
September 23, 2014
HOUSTON: “Collaboration is key for 20K psi development,” said Gregory Walz, Sr. Drilling Engineering Advisor for Anadarko Petroleum, during his keynote address at the 9th annual World Oil HPHT Drilling and Completions Conference underway at the Norris Center in West Houston.
News
September 23, 2014
LONDON (Bloomberg) -- Billionaire John Fredriksen boosted his stake in rig company Seadrill Ltd. after the stock dropped on a market downturn, a longtime adviser left, and amid uncertainty over a Russian deal. Fredriksen’s Hemen Holding Ltd. bought 2 million shares in the world’s biggest offshore-rig company by market value Sept. 22, boosting its stake to 115.1 million shares, or 23.34% of the total, Seadrill said in a statement.
News
September 22, 2014
WEST CHESTER, Pennsylvania – Schramm Inc., a manufacturer of land-based hydraulic drilling rigs, has announced a partnership with FEMCO, an aftermarket parts manufacturer and emergency repair services provider, to support its customers operating in North Dakota, South Dakota and Texas.
News
September 22, 2014
COSTA MESA, California-- ProOne has commercialized downhole drilling technology exclusively distributed by NOV’s new spin-off, DistributionNOW (DNOW), and successfully deployed in hundreds of wells throughout North America. Operators have utilized this lubrication technology to solve wide-ranging issues, including an array of frequently encountered drilling problems, which saves substantial time and money.
