Completions ///
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.
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.
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.
Jim Redden, Contributing Editor
Into the brink
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.
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.
Steve Hendrickson, Ralph E. Davis Associates, an Opportune LLP company
Improved disclosure of how type curves are created in shale basins will increase user understanding of the quality and reliability of these estimates, to make better-informed decisions.
Austin Johnson, Kim McKimmey, Downing
A plug-and-perf completion system increases stages per day to cut time on location and lower well costs.
Patrick Webb, Joshua Gauthier, Canadian National Resources Limited; Craig Skeates, Packers Plus Energy Services
A newly developed outflow control device for steam injection was introduced successfully during a field trial for heavy oil production in Alberta, Canada.
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.
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 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 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 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.
Halliburton is reducing its workforce in the Rockies as the biggest oilfield service contractor to announce job cuts grapples with a protracted spending slump in the shale patch.
Weatherford International has been awarded two fully integrated rig contracts and one well services (through-tubing intervention) contract with a multinational operator in one of the world's largest proven oil fields located in Iraq.
Halliburton has been awarded an international license for ExxonMobil’s patented Non-Aqueous Fluid Gravel Packing (NAFPac) technique for gravel pack completions.
Vapr’s open architecture design allows engineering teams to plan and complete multi-stage plug and perf operations more safely, precisely, and cost-effectively.
The Optimax deep-set safety valve protects against catastrophic loss of well control by providing fail-safe closures at pressure up to 10,000 psi and are rated for setting depths as deep as 12,000 ft.
Roan Resources agreed to be acquired by CItizen Energy for $1.0 billion in cash, including funded net debt of $780 million. Following a management change, Roan will reduce drilling and development activity, and suspend all well completion activities.