What's new in production ///
Ivanhoe Energy and Ensyn Petroleum International have signed a contract to test the latter’s Rapid Thermal Processing (RPT) technology designed to upgrade heavy oil quality by producing high yields of lighter crude. Expro International Group PLC provided expertise in stimulation services on a successful job for Unocal in the Gulf of Mexico, where Expro’s StimTube process was utilized to stimulate a gas well with zero production. GE Oil & Gas and Aker Kvaerner-Kvaerner Oilfield Products (KOP) have signed an agreement for continued development/commercialization of subsea compression technology. And Statoil is investigating ways to increase declining production from several large fields it has interests in.
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