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KUWAIT CITY, Kuwait (Bloomberg) -- Kuwait plans to increase oil output 23% by 2020 as improvements in how crude can be extracted allow the third-largest producer in OPEC to pump more. The country will boost supply to 4 MMbpd from about 3.25 ...
FORNEBU, Norway -- Aker Solutions won a contract worth $234 bn from Total to provide a subsea production system for the Kaombo Block 32 development in Angola. ...
LARNACA, Cyprus -- Prosafe and BG Group have agreed a change to the Safe Bristolia accommodation support vessel work programme in 2014 to allow inclusion of a contract award from ConocoPhillips Petroleum Company UK for the provision of the ...
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): $4.565/Mcf
West Texas Intermediate: $103.56/bbl
Brent Blend: $108.74/bbl
Dubai Fateh: $104.15/bbl
U.S.: 8.022 MMbpd (February 2014)
World: 91.21 MMbpd (February 2014)
Wichita Falls, TX - April 22-23
Bucharest - April 28-30
Houston, TX - May 5-8
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© 2014 World Oil. © 2014 Gulf Publishing Company.