Completions
News
December 01, 2020
Hunting PLC and Rival Downhole Tools LC announced that Rival has acquired the operating assets of Hunting Energy Services (Drilling Tools), Inc., a wholly owned subsidiary of Hunting, in exchange for Hunting securing a minority equity interest in Rival.
Article
November 2020
The limited knowledge of impact of salt-induced loads on structural integrity often leads to overly conservative well design. To gain insight into these phenomena, engineers conducted a series of full-scale tests to fully understand collapse resistance.
News
October 23, 2020
While it’s true the energy ecosystem is in transition, former Vice President Biden is incorrect that it means replacing one form of energy with another or phasing out oil and gas.
Article
October 2020
World Oil talks with PESA President Leslie Beyer about the key issues facing the sector in 2020 and beyond.
Article
October 2020
A new solution offers tool-free, 8-min. setup and reduces NPT in multi-well pad operations, thereby yielding more drilling time and lowering costs.
News
October 13, 2020
NTS Group has acquired Amega West Services, a market leader in the manufacture, repair and rental of legacy and specialized drilling equipment used in offshore and land-based oil & gas extraction applications, from Carpenter Technology Corporation.
News
October 01, 2020
The HSI’s three-axis accelerometer indicates the relative bearing and inclination of the downhole tool string during oriented perforating applications, confirming direction to avoid severing casing strings or cables behind casing.
Article
October 2020
Continuous innovation in liner hanger development assists operators in overcoming liner installation and hanger integrity challenges.
News
October 06, 2020
NOV recently delivered the world’s longest and heaviest coiled tubing work string, which comprised 7.57 miles of continuously milled carbon steel tubing.
News
October 01, 2020
Acoustic Data has developed a new slickline deployed high expansion retainer for cement and metal alloy plug and abandonment applications. In the case of new-generation metal alloy plugs, the HEX-Retainer can be integrated with the company’s SonicGauge Plug Verification System for real-time long-term barrier integrity monitoring purposes.
News
October 01, 2020
The new PowerSet Solo power charges, with a built-in initiation device, are the only power charges on the market that operate without an igniter. This provides additional operational savings and efficiency.
News
September 25, 2020
The Permian in New Mexico, unlike in Texas, lies largely on federal land. And Biden, the Democratic candidate for president, has promised to ban new fracing on federal land on “day one” if elected.
Article
September 2020
Gel Strength Development is critical in the evaluation of completion cement slurry design. This article explores the evolution of both the Mechanical and Acoustic laboratory test methods for gel strength testing.
Article
September 2020
The future lies in integrating the drilling, completion and production phases. This life-of-well approach will deliver the next-generation well intelligence needed to reduce the cost of asset ownership, while maximizing profitability.
News
September 09, 2020
The monthly Oilfield Services and Equipment Employment Report, compiled and published by the Petroleum Equipment & Services Association, shows total job losses due to pandemic-related demand destruction reached 103,420 in August. OFS employment is down more than 121,000 jobs since August 2019 and is at its lowest point since March 2017.
News
September 03, 2020
“Customer demand has told us to grow at this pace, and then deals like this come to us,” Liberty CEO Chris Wright said in an interview after the deal was announced on Tuesday. “Our goal with this acquisition is to keep getting better, but to the extent we succeed at that, it probably leads to us being the leader sometime down the road.”
News
September 01, 2020
Liberty Oilfield Services Inc. and Schlumberger announced an agreement for the contribution of Schlumberger’s onshore hydraulic fracturing business in the United States and Canada, including its pressure pumping, pumpdown perforating, and Permian frac sand businesses to Liberty, in exchange for a 37% equity interest in the combined company.
News
August 17, 2020
Abu Dhabi has been merging some companies as it looks to bolster the economy and diversify from hydrocarbon production. Earlier this year, it decided to combine utilities Taqa and ADPower.
News
July 20, 2020
“As oil demand recovers, I expect the international business will continue to be a more meaningful contributor to our revenue going forward,” Chief Executive Officer Jeff Miller told analysts and investors during a conference call. “North America production is likely to remain structurally lower in the foreseeable future and has slower growth going forward.”
News
July 17, 2020
“At a time when renewables have developed from niche technologies to global industries, Aker’s ambitions exceed the announced spin-offs in Aker Solutions,” Aker Chief Executive Officer Oyvind Eriksen said in a statement. “We take an active role to position ourselves in a broader and rapidly growing renewable energy industry.”
News
July 14, 2020
Joe Biden’s climate-change plan unveiled Tuesday includes $2 trillion in spending over four years with a goal of a 100% clean-energy standard by 2035. That’s more spending over a shorter period than the $1.7 trillion, 10-year plan that Biden had offered during the Democratic primary.
