Halliburton officially opened its new Integrated Completions Center (ICC) in New Iberia on February 26, 2015.
Guardian Global Technologies announced the successful deployment of its Select Fire Switch technology offshore Trinidad.
TAM International has introduced a new swellable packer technology that alters the geometric design of the elastomer to provide ultra-fast, but predictable and controlled swell rates.
Magnum Hunter Resources has announced that the company's four new wholly owned WVDNR Pad wells (#1410, #1411, #1412 and #1413), located in Wetzel County, West Virginia, have been recently placed on production after several weeks of testing.
MAN Diesel & Turbo has successfully completed the commissioning of two compression modules on board of FPSO Cidade de Mangaratiba MV24 for MODEC.
COLUMBUS (Bloomberg) -- An Ohio city lost a battle for control over oil and gas drilling permits within its borders with the Ohio Supreme Court saying the authority belongs to the state.
ValueAct Capital Management has amassed a new stake in Halliburton Co. alongside its activist holdings in Baker Hughes Inc. as the investor champions an agreed merger of the oilfield-services providers
HOUSTON -- Schlumberger announced today the release of the Infinity dissolvable plug-and-perf system, which uses fully degradable fracture balls, and fully degradable seats instead of plugs, to isolate zones during well stimulation.
Well abandonment can involve isolating and abandoning several sections of a well, resulting in a costly, time consuming process. Multiple cement plugs and numerous trips are required, and it is essential that the plug is set in clean casing. Coretrax, a UK-based specialist in wellbore clean-up and abandonment, has been working since 2009 to streamline this process by improving the way bridge plugs are installed during wellbore abandonment programs in the North Sea, having helped successfully abandon 84 wells between 2013 and 2015.
Vallourec has developed an innovative forging process to produce seamless forged landing strings.
Oil price hits technology
Halliburton has announced two new completion products: the EquiFlow Autonomous Inflow Control Device (AICD) and the VersaFlex XtremeGrip Expandable Liner Hanger System.
Petrobras has announced that the Libra Consortium has completed the drilling and testing of the first appraisal well in the Libra area, informally known as NW1.
InterOil Corporation has advised that the International Chamber of Commerce arbitration panel has dismissed all claims by the PAC LNG companies, affiliates of Oil Search Limited, to pre-emptive rights over a share sale and purchase agreement involving an interest in the Elk-Antelope gas field in Papua New Guinea.
A long-range mesh networking technology is now available for remote monitoring of well pad tubing and casing pressures.
Dana Petroleum has successfully completed the drilling of the Lille John-2 appraisal well and side-track on the Lille John oil field in license 12/06 in the Danish North Sea.
Lundin Petroleum, through its wholly owned subsidiary Lundin Norway, has completed the drilling of wildcat well 26/10-1 and discovered gas.
THE WOODLANDS, Texas -- Fairmount Santrol has released the latest results from its Propel SSP proppant transport technology field trial.
HVALSTAD, Norway -- Wintershall Norway) has awarded 4Subsea a frame agreement contract related to Subsea Engineering Services. The agreement covers engineering and advisory services related to subsea production systems including wellheads, Christmas trees and well intervention systems.
Oil prices will recover as early as the first half of this year as producers cut back, Continental Resources Inc. founder and CEO Harold Hamm said Wednesday.