WorldOil Weatherford introduces V0-qualified retrievable well barrier Weatherford International plc announced the commercial release of the ISO Extreme retrievable well barrier, which is qualified to ISO 14310 V0 standards for gas-tight isolation. BNK Petroleum commences Brock 9-2H well fracture stimulation in Oklahoma BNK Petroleum Inc. has announced that fracture stimulation completion operations on the previously drilled Brock 9-2H well have commenced. Northwest Energy encounters hydrocarbons in Xanadu prospect Northwest Energy has confirmed that Xanadu-1 has intersected hydrocarbon bearing reservoirs demonstrated by elevated gas readings, oil shows, fluorescence and cut-fluorescence whilst drilling reservoir sections. Petro Matad announces postponed drilling campaign in Mongolia, CEO search Petro Matad, the AIM quoted Mongolian oil explorer has provided an operational update. Halliburton introduces new drill bit for high energy applications Halliburton has announced the release of GeoTech HE, a robust drill bit that incorporates new features and materials to deliver enhanced performance and increased reliability in today’s high energy drilling systems characterized by very high weight-on-bit and drilling torque. New hope for Jersey Oil and Gas’ Verbier well as Statoil recommends side-track Jersey Oil and Gas has given investors some fresh hope that value could be salvaged from the Verbier exploration well, with news that a side-track is being drilled to test another target. OMV Norge delineates Wisting discovery in the Barents Sea OMV (Norge) AS, operator of production licence 537, has completed the drilling of appraisal well 7324/8-3 on oil discovery 7324/8-1 (Wisting) in the Barents Sea. SDX Energy spuds KSR-14 development well in Morocco SDX Energy Inc., the North Africa focused oil and gas company, has announced the spud of its KSR-14 development well on the Sebou permit in Morocco. Crude trades near $50/bbl after decline in U.S. drilling Oil traded near $50/bbl in New York, close to a three-month high, as a further reduction in U.S. drilling added to signs the global crude surplus is abating. Major energy companies reducing emissions without government oversight The world’s energy producers are reducing their carbon emissions on a year-over-year basis.