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LONDON -- Ensco reported that they have sold ENSCO 85, a jackup rig built in 1981, for $64 mn. The net book value of the rig was approximately $54 mn. The pre-tax gain on this sale was approximately $10 mn, which will be included in second ...
LONDON -- Shale gas could create a new onshore supply chain market for equipment, services and skills across a number of industry sectors worth up to $55.4 bn (£33 bn) by 2032, according to a report by trade body United Kingdom Onshore Oper ...
MOSCOW (Bloomberg) -- OAO Gazprom charged Ukraine $11.4 bn for contracted fuel last year as the smaller country seeks the European Union’s support to cut reliance on Russian imports. Gazprom sent the bill to NAK Naftogaz Ukrainy, Sergei Kup ...
A drilling team applies new technologies, such as a walking rig, rotary steerable system and performance benchmarking, to achieve a three-fold reduction in drilling times.
A new, chemical-infused, proppant-sized solid inhibitor is being used in the deepwater Gulf of Mexico to provide long-term inhibition for barium sulfate scale.
Leasing, exploration and drilling activity in the world’s leading offshore basin has surpassed pre-Macondo levels.
Application of fully automated, rapid-response managed pressure drilling (MPD) in eastern Mexico’s Veracruz basin made a well, deemed impossible to drill, achievable, paving the way for basin-wide exploitation of previously inaccessible reserves.
Deployed on coiled tubing (CT) or wireline, a retrievable whipstock packer and latch system has reduced the number of trips required for total tool removal, while retaining the flexibility to leave the packer in the wellbore, thus ensuring continued flow of production
In Malcolm Gladwell’s interpretation of the David and Goliath story, Goliath, while immensely strong, is so blind that he must be led into battle by an attendant.
March 27, 2014 10am CDT
This is the most comprehensive handbook in advanced drilling technology, guiding the petroleum engineer to mitigate risks, manage the reservoir effectively and recognize new opportunities.
This 2‐hour documentary is the most comprehensive video available about oil and gas drilling.
U.S. Natural Gas (Henry Hub): $4.881/Mcf
West Texas Intermediate: $102.13/bbl
Brent Blend: $110.01/bbl
Dubai Fateh: $104.15/bbl
U.S.: 8.067 MMbpd (March 2014)
World: 89.08 MMbpd (March 2014)
Bucharest - April 28-30
Houston, TX - May 5-8
Savannah, GA - May 5-8
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