Production

Global E&P capex to reach 13-year low predicts energy research company

Submitted by Editorial on Wed, 2020-04-01 12:49

01st April 2020

Global capital expenditure (capex) for exploration and production firms (E&Ps) is expected to drop by up to $100 billion this year, about 17% versus 2019 levels, under Rystad Energy’s updated base case scenario of $34 per barrel in 2020 and $44 per barrel in 2021.

Zenith kick starts SDX Morocco contract

Submitted by Editorial on Thu, 2019-11-21 11:29

21st November 2019

Aberdeen headquartered well engineering and project management firm, Zenith Energy, has started operations on a six-month contract in Morocco worth an estimated £1million in value.

Well-SENSE’s FLI technology marks its first round of offshore deployments

Submitted by Editorial on Tue, 2019-10-29 09:00

29th October 2019

Fiber optic technology delivers offshore applications four times faster than conventional wireline logging methods.

Production drilling starts on the Dvalin field in Norway

Submitted by Mark Venables on Thu, 2019-08-22 10:02

22nd August 2019

Wintershall Dea has begun drilling four production wells on the Dvalin gas field in the Norwegian Sea, getting ready for the start of production in 2020.

Norwegian oil and gas solids management firm FourPhase break into US market

Submitted by Editorial on Tue, 2019-07-02 14:23

02nd July 2019

Norwegian based oil and gas solids solutions firm, FourPhase, has secured a six-figure trial including the option of 12-month extension with one of the major operators in North America.

TWMA achieves 12 months LTI free

Submitted by Editorial on Mon, 2019-07-01 15:20

01st July 2019

Specialist drilling waste management company, TWMA, has completed 12 months of operations without any lost time incidents (LTI).

Gas discovery in West Newton, East Yorkshire, to boost UK’s energy sector

Submitted by Editorial on Mon, 2019-06-17 10:17

17th June 2019

Union Jack Oil, an on-shore oil and gas E&P company, just announced a massive gas discovery in a hydrocarbon well operated by Rathlin Energy in West Newton, East Yorkshire.

CGG announces collaboration with Microsoft to Deliver Cloud-Based Geoscience Data and Technologies

Submitted by Editorial on Wed, 2019-06-05 09:35

05th June 2019

CGG, a leading geoscience company, is pleased to announce collaboration with Microsoft to deliver its geoscience products, data and services on Microsoft Azure and accelerate Exploration and Development workflows for its oil and gas company clients.

SKK Migas Adopts Halliburton Landmark Software

Submitted by Editorial on Tue, 2019-05-21 14:55

21st May 2019

Landmark, a Halliburton Company (NYSE: HAL) business line, today announced that the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas), an institution established by the government of the Republic of Indonesia, selected Landmark software technology for end-to-end workflow solutions.

Worley’s INTECSEA partners with OGTC on Pseudo Dry Gas Liquid Removal technology

Submitted by Editorial on Thu, 2019-05-09 09:12

09th May 2019

Worley’s INTECSEA consultancy has partnered with the Oil & Gas Technology Centre (OGTC) to fund prototype testing of its Pseudo Dry Gas (PDG) liquid removal system.