Completions
News
June 12, 2015
Lundin Petroleum's wholly owned subsidiary Lundin Norway has successfully completed the drilling of appraisal well 7220/11-2 and sidetrack 7220/11-2 A in the western part of the Alta discovery in PL609, in the Barents Sea, offshore Norway.
News
June 11, 2015
Two-thirds of North Sea oil and gas industry operators (67%) have been forced to cancel projects because of the recent fall in oil price, according to an industry report published Thursday.
News
June 09, 2015
Maersk Training has entered into an agreement with Seadrill, one of the largest drilling companies in the world.
News
June 08, 2015
The shale oil boom that turned the U.S. into the world’s largest fuel exporter and brought $3 gasoline back to America’s pumps is grinding to a halt.
News
June 08, 2015
Dana Gas has commenced drilling the Balsam-2 development well in the Balsam Development lease, onshore the Nile delta, the company announced Sunday.
News
June 08, 2015
Tendeka has bolstered its U.S. presence in a strategic move which sees the company open a global completions, manufacturing and operations facility.
News
June 05, 2015
Cenovus Energy Inc. has agreed to purchase Canexus Corporation's North American Terminal Operations (NATO), a crude-by-rail trans-loading facility, for $75 million, subject to adjustments.
News
June 02, 2015
Global operator in the subsea inspection, repair and maintenance sector (IRM), Harkand, has successfully completed its first campaign in the Caribbean for BG Trinidad and Tobago.
News
May 31, 2015
Dan K. Eberhart, the CEO of Canary, LLC, the largest privately held oilfield services company in the U.S., has announced a U.S. shale energy recovery and a turning point in shale's role to help stabilize world oil prices.
News
May 29, 2015
Oil explorers idled rigs in U.S. fields for the 25th straight week, drawing out an unprecedented retreat in drilling that has curbed the country’s shale oil boom and helped crude prices rally.
News
May 21, 2015
Canada’s oil sands industry faces an equal risk from its reputation as an environmental laggard, as from high operating costs, industry observers said.
The failure to win approval for pipelines like TransCanada Corp.’s Keystone XL and Enbridge Inc.’s Northern Gateway is tied to concerns about carbon emissions with oil production, Ed Whittingham, executive director of the Pembina Institute, said at the Bloomberg Economic Series Canada summit in Toronto. “The oil sands feeds into concern about the climate,” he said. “The primary driving concern is climate.”
News
May 21, 2015
Exxon Mobil Corp. is ramping up lobbying efforts with the U.S. government over Iranian sanctions that have locked out American oil companies from the Middle Eastern nation for more than three decades.
Exxon Mobil, the world’s largest publicly traded crude producer by market value, hired the lobbying firm founded by former Senator Don Nickles—an Oklahoma Republican—to work on Iranian sanctions, according to federal disclosure documents. This is the first time since 2010 that the Irving, Texas-based oil company enlisted outside lobbyists to discuss Iran.
News
May 20, 2015
Halliburton has reached an agreement with BP Exploration & Production Inc. to resolve remaining issues, which includes indemnities between the parties and dismissal of all claims against each other, relating to the April 20, 2010, Deepwater Horizon well incident in the Gulf of Mexico.
News
May 20, 2015
NCS Multistage, LLC, has created a Corporate Technology Group that will focus on new technology R&D, including identifying and commercializing complementary technologies and services that will enable its customers to improve efficiency and maximize hydrocarbon recovery.
The new group combines NCS’ Emerging Technology, Engineering and Corporate Technical Services teams with Anderson/Thompson Reservoir Strategies, NCS’ newly formed reservoir engineering and consulting business.
News
May 14, 2015
Deals among oil services companies trying to survive a collapse in crude prices are expected to pick up in the second half of the year as profits hit a low point.
News
May 14, 2015
As much as 141 Bbbl of potential incremental hydrocarbon resources could be unlocked if drilling and completion techniques refined in U.S. shale plays are applied to conventional, low-productivity oil plays outside of North America, according to new analysis from IHS.
News
May 08, 2015
The oil boom isn't dead after all.
News
May 08, 2015
The first exploratory well has been drilled at Achinsk field (Tomsk Oblast, under development by Gazprom Neft subsidiary Gazpromneft-Vostok), part of a federal project to establish a regional testing ground to identify effective technologies for the development of hard-to-recover (tight) reserves.
News
May 08, 2015
RINA Services, a multi-national group based in Genoa, Italy, has announced the acquisition of QIC, Inc. by its U.S. subsidiary.
News
May 07, 2015
(Bloomberg) -- California’s rules allowing oil extraction waste to be injected into the ground were challenged by environmental groups saying the practice threatens protected sources of drinking water as the state suffers through a record drought.
News
May 07, 2015
Baker Hughes has announced the commercial release of its Vault barrier valve, which provides an ISO-qualified barrier in the wellbore to help protect the lower completion and minimize costly fluid loss during well construction.
