Drilling ///
A top Interior Department official told oil industry leaders the Trump administration is seeking to sign contracts leasing new coastal waters for oil drilling under favorable terms that will be difficult for future presidents to revoke or rewrite.
Neptune Energy Norge AS has awarded a rig contract for six wells to CIMC Offshore AS.
Camilo Mejia, Natasa Mekic, Weatherford
Profitable production in shale reservoirs is achieved by optimization of capital expenditure and operational strategy improvements from the development of shale reservoir characterization technology.
Emily Querubin, World Oil
Gulf Quest LLC, a Gulf Energy Information and Quest Offshore JV, is hosting this year’s 16th annual Marine, Construction & Engineering Deepwater Development (MCEDD) conference on April 2–4, at London’s Novotel London West hotel. Once again, attendees can expect to hear about the latest advances in the engineering, development and production of oil and gas in deepwater and ultra-deepwater fields around the globe.
Austin Johnson, AFGlobal Corporation
The novel approach of the Active Control Device enables active seal condition monitoring and control to compensate for seal wear. This feature provides deepwater rigs with a more sophisticated and effective means of maintenance.
Mark Patton, Hydrozonix
Everything changes
Don Francis, Contributing Editor
No H2O
Michele Cowart, World Oil
GEODynamics, Inc., introduces the new, patented, HELLFire perforating system that allows the industry to more effectively complete multi-stage plug-and-perf operations.
Michele Cowart, World Oil
Equinor has, together with its partners Petoro, ExxonMobil and Total, proven gas and condensate in the Norwegian Sea Ragnfrid North (6406/2-9 S) exploration well, located ~12.43 mi (20 km) south of the Kristin platform in the Norwegian Sea.
Siccar Point Energy has commenced its 2019 drilling campaign with the spudding of an exploration well at the Blackrock prospect.
Horizontal drilling practices continue to evolve in North America as completion intensity and pumping rates increase, horizontal wells get longer, and more stages are completed.
During Day 2 of CERAWeek 2019, the leadership dialogue continued with Chevron Chairman of the Board and CEO Mike Wirth, who spoke to the crowd about Chevron’s goals in the Permian basin and Gulf of Mexico.
The U.S. government cut its oil production forecast for the first time in six months as drillers scale back in smaller shale plays and the U.S. Gulf of Mexico.
Exceed, a well management and performance improvement specialist, continues to consolidate its West African presence, by announcing the company’s first contract to be undertaken offshore Guinea Bissau.
Baker Hughes, a GE company has announced that the Baker Hughes international rig count for February 2019 was 1,027, up 3 from the 1,024 counted in January 2019, and up 48 from the 979 counted in February 2018.
Some of the best was held for the last in the Technical Program at the annual SPE-IADC Drilling Conference, held in The Hague, the Netherlands.
ADES International Holding PLC, a leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA), is pleased to announce that it has entered, through its subsidiary ADES S.A.E., into a short-term exploration contract with Dana Gas for deepwater drilling services in the Egyptian Mediterranean basin.
During the Eastern Mediterranean Gas Conference (EMGC 2019), Carlo Vito Russo, Executive Vice President, Europe and Russia for Eni SpA, delivered a keynote speech following a talk by the Minister of Energy, Commerce and Industry for the Republic of Cyprus, H. E. Yiorgos Lakkotrypis.
Opening the 2019 Eastern Mediterranean Gas Conference in Cyprus was the Minister of Energy, Commerce and Industry for the Republic of Cyprus, H. E. Yiorgos Lakkotrypis. The Minister delivered a keynote speech wherein he discussed recent gas resource developments in Cyprus and how best to monetize them.
Drillers are moving ahead in a corner of Canada’s oil sands that saw a flurry of land grabs in recent years, unfazed by a glut of crude that depressed prices last year and the mandatory production cuts that followed.