Completions
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.
News
September 22, 2014
ABERDEEN, United Kingdom -- Churchill Drilling Tools is celebrating the 500th deployment of its DAV MX CircSub. The company, which is located in Houston and Aberdeen in the UK, has forged a sound reputation in the Gulf of Mexico, where its dart activation technology has been recognized for its versatility, capability and reliability in challenging environments.
News
September 19, 2014
IRVING, Texas (Bloomberg) -- Exxon Mobil Corp. said the U.S. government is giving the company more time to shut its Russian Arctic well beyond the deadline for sanctions aimed at halting the $700 million project. Exxon asked Washington for an extension to allow it to continue performing shut-down work on the Universitetskaya-1 (University-1) well in Russia’s Kara Sea to make sure the well was safe before it’s temporarily abandoned. The Irving, Texas- based company already had ceased drilling the offshore well after U.S. sanctions set a Sept. 26 deadline for ending the work.
News
September 19, 2014
IRVING, Texas (Bloomberg) -- Exxon Mobil Corp. and OAO Rosneft halted drilling on an offshore oil well intended as the first step in unlocking billions of barrels of crude in Russia’s remote Arctic, according to people familiar with the project. Work stopped just a few days after the U.S. and European Union barred companies from helping Russia exploit Arctic, deepwater or shale-oil fields, said three people with knowledge of the rig’s operations who asked not to be named since they weren’t authorized to speak about the project.
News
September 18, 2014
NAIROBI, Kenya (Bloomberg) -- Kenya expects its estimate of oil resources to almost double to 1 Bbbl as well-drilling climbs and the government forges ahead with plans to build an export pipeline, an energy ministry official said.
News
September 18, 2014
LONDON (Bloomberg) -- Even as it faces $50 billion in potential liabilities from the worst U.S. offshore oil spill, BP Plc is leading the effort to extract crude from deep below the sea, a place as extreme and inhospitable as the surface of Mars.
News
September 17, 2014
STAVANGER, Norway -- Statoil will lay up the COSL Pioneer rig in fourth-quarter 2014 due to overcapacity in its rig portfolio. The rig is currently carrying out an assignment on the Visund field and is scheduled to complete this work at the end of September. In July, Statoil also announced that the drilling rig Scarabeo 5 would be temporarily suspended.
News
September 17, 2014
MILAN -- Eni has made a new oil discovery in Block 15/06, in the Ochigufu exploration prospect, in deep water offshore Angola. Oghigufu is the tenth commercial oil discovery made in Block 15/06. The discovery is estimated to contain 300 MMbbl of oil in place. The Ochigufu 1 NFW well, which has led to the discovery, will be brought into production in record time. The well is located approximately 150 km off the coast and 9.8 km from the Ngoma FPSO (West Hub).
News
September 17, 2014
WASHINGTON, D.C. (Bloomberg) -- A study that found natural gas drilling polluted drinking water is fueling calls for stricter standards for well construction that could increase costs for energy companies.
News
September 16, 2014
SINGAPORE -- Keppel FELS Limited, a wholly-owned subsidiary of Keppel Offshore & Marine, has secured a contract from Gulf Drilling International (GDI) of Qatar to build a repeat high-specification KFELS B Class jackup rig worth $227 million. As part of the contract, GDI has options for two more KFELS B Class rigs for deliveries in 2017.
News
September 16, 2014
LONDON -- Ophir Energy's Silenus East-1 well in Block R, offshore Equatorial Guinea, has resulted in a new gas discovery. The Silenus East-1 well was drilled by the Vantage Titanium Explorer drillship within the thrust belt area of Block R. A 67-m gross gas column was encountered in the primary target with high quality reservoir in line with pre-drill expectations.
News
September 15, 2014
HOUSTON -- McDermott International has announce the successful completion of its subsea contract for Chevron's Jack and St. Malo project. The project involved the installation of jumpers, flying leads, subsea pump stations, umbilicals and subsea landing of some of the industry’s largest and complex umbilical end terminations to a host floating production platform in 7,200 ft of water 279 mi offshore Louisiana.
News
September 15, 2014
HOUSTON -- Weatherford International has been awarded an exclusive contract with Statoil Petroleum AS valued at $400 million for the delivery of Tubular Running Services on 19 drilling units in Statoil’s portfolio. This contract has a base period of six years with the option of two consecutive two-year extensions.
News
September 15, 2014
VERNAL, Utah -- Superior Drilling Products has been awarded a second patent addressing the design, process, benefits and applications of the Drill-N-Ream tool to condition a well bore while drilling.
News
September 15, 2014
TORSHAVN, Faroe Islands -- Atlantic Petroleum has reported that drilling, LWD and wireline logging information indicates the presence of gas in the 43/13b-7 well. Following the analysis of cores and all other available data, the P1724 JV has decided to drill stem test the well. The well is operated by Centrica Energy (55% interest in the licence).
News
September 12, 2014
HOUSTON (Bloomberg) -- Rigs targeting oil in the U.S. surged to a record as producers accelerated drilling in some of the nation’s biggest crude plays, from North Dakota’s Bakken formation to the Permian basin of Texas and New Mexico.
News
September 12, 2014
BOULOGNE-BILLANCOURT, France -- Vallourec has been awarded a contract by Technip Umbilicals, for the Edradour project operated by TOTAL in the UK. As part of this first industrial order, Vallourec will deliver super duplex welded tubes for umbilicals from its plant located in Venarey-Les Laumes (Burgundy, France).
News
September 12, 2014
IRVING, Texas (Bloomberg) -- Exxon Mobil Corp.’s work on a $700 million Arctic well in Russia could be stopped before it’s finished under new U.S. and European Union sanctions that outlaw the drilling partnership. New sanctions ban U.S. and EU companies from working with Russian officials or companies to find or produce crude from deep seas, shale fields or the Arctic. The decrees, reported earlier this week by Bloomberg, were imposed Sept. 12, the 35th day of drilling at the 9 Bbbl Universitetskaya prospect off Russia’s northern coast that was scheduled to last for 70 days.
News
September 11, 2014
RIO de JANEIRO, Brazil - Caterpillar Oil & Gas has announced the successful delivery of the 100th offshore generator set featuring Brazilian local content from the company’s Piracicaba, Brazil manufacturing facility.
News
September 10, 2014
LYSAKER, Norway -- Lundin Norway has received consent from the Petroleum Safety Authority Norway to use Rowan Viking to drill production wells on the Edvard Grieg field.
News
September 10, 2014
ZURICH, Switzerland -- ABB has secured an order to deliver total power solutions to Ocean Rig’s two seventh generation new integrated design mobile offshore drilling units (MODU) that are being built by Samsung Heavy Industries (SHI) at Goeje shipyard in Korea. The contract includes an option to extend the delivery to two additional vessels.
