Completions ///

Tendeka awarded five-year contract extension with Oman operator

Independent global completions service company Tendeka has been awarded a five-year contract extension to supply a major operator with zonal isolation technologies for all fields in Oman.

Halliburton launches real-time wireless depth correlation system

Halliburton introduced the DynaTrac Real-Time Wireless Depth Correlation System, a new technology that reduces uncertainty and saves rig-time by enabling operators to accurately position packers, perforating guns and the bottom-hole assembly without running wireline or moving the work string.

Santos names Weatherford ‘Contractor of the Year’

Brett Darley, Executive Vice President, Offshore, Santos, commented, “Weatherford provided a solution that enabled Santos to execute a safe, efficient tubular running operation with hands-free technology. Safety is extremely important at Santos and Weatherford delivered an outcome with zero incidents and zero near-misses.”

Weatherford Vero automated connection integrity successfully completes 100 runs

Weatherford's automated connection integrity system has successfully completed 100 runs and 33,000 tubular connections in operations worldwide.

Daily Brief podcast: The impact of oil prices and politics on oilfield service companies

Kurt and Cameron talk about how oil prices, state and federal politics are impacting oilfield service companies, and how positions taken today will affect a market recovery.

World Oil analysis: Texas Railroad commissioners face difficult decision on prorationing

Kurt Abraham, World Oil

The three Railroad commissioners are faced with what may be the major decision of their professional lives—whether to prorate or not. And, in tandem, the fate of many industry companies and individuals’ jobs could be hanging in the balance.

Oilfield service companies feeling the strain of shale’s collapse

No one is feeling the pain of an oil collapse more than the shale producers. Except, perhaps, their suppliers.

Equinor halts U.S. land activities as part of $3B cost-reduction plan

Equinor says the company can be organic cash flow neutral before capital distribution in 2020 with an average oil price around $25/bbl for the remaining part of the year.

Tendeka lands four-year zonal isolation contract in Malaysia

Tendeka has secured a four-year contract to supply its zonal isolation technologies across a leading operator’s Malaysian assets.

Aker BP taps Tendeka for sand-face completion program offshore Norway

Tendeka has received a Letter of Intent for a multi-million-pound contract to supply sand-face completion equipment to Aker BP’s Norwegian assets.

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

Eric Bruseth, Mark Shaffer, Packers Plus Energy Services

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

Jim Redden, Contributing Editor

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.

C&J Energy Services and Keane shareholders approve merger, announce new company name

C&J 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 C&J.

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.