WorldOil GEODynamics introduces new firing solution for high speed frac completions A complete firing solution using the latest technology in switch design and flexibility, integrated with one of the most advanced and intuitive shooting panel and surface testers on the market. Improving efficiency is driving a new generation of frac plugs The evolution of frac plugs has helped producers go to new lengths, while reducing operational time and risk. Case studies, onshore and offshore, confirm that these advancements are saving operators money. Drilling advances Into the brink Decline in DUC backlog shows scale of U.S. shale pullback As the U.S. shale boom unfolded, the number of oil wells that were drilled but never opened for production steadily rose. Now, that figure has plunged by a surprising 10% in the newest sign yet of tough times for drillers. Rosneft elbows PDVSA aside on Venezuela service contracts A subsidiary of Rosneft has taken over some contract discussions with local service providers in Venezuela, stepping in for PDVSA on joint projects with the state-owned oil company, according to people familiar with the matter. Halliburton introduces 15kpsi multizone completion system for ultra-deepwater operations The increased capability of the XSTMZ system helps increase production and total recovery by driving down abandonment pressure and can save rig time by isolating and treating several intervals with a single trip. Tenaris taps Sandvik to deliver CRA OCTG in ADNOC supply agreement The award includes a relevant portion of corrosion resistant alloy materials, which will be supplied by Sandvik as part of the Sandvik-Tenaris Alliance Agreement. Sparrows doubles UAE operations after securing £55m in contracts Sparrows Group has doubled the size of its operations in the UAE after securing contracts worth in excess of £55 million in the past three months. The awards have resulted in more than 150 new positions being created in the region. CandJ Energy Services and Keane shareholders approve merger, announce new company name CandJ Energy Services and Keane Group announced that the shareholders of both companies approved all of the proposals necessary for the closing of the previously announced all-stock merger of equals between Keane and CandJ. Weatherford installs 113 consecutive whipstocks with 100% single-trip execution Weatherford announced a milestone of 113 consecutive cased hole whipstock jobs completed in a single trip in California. The installation success began with the first run in February 2018 and reached number 113 in October 2019.