Completions
News
May 20, 2015
Halliburton has reached an agreement with BP Exploration & Production Inc. to resolve remaining issues, which includes indemnities between the parties and dismissal of all claims against each other, relating to the April 20, 2010, Deepwater Horizon well incident in the Gulf of Mexico.
News
May 20, 2015
NCS Multistage, LLC, has created a Corporate Technology Group that will focus on new technology R&D, including identifying and commercializing complementary technologies and services that will enable its customers to improve efficiency and maximize hydrocarbon recovery.
The new group combines NCS’ Emerging Technology, Engineering and Corporate Technical Services teams with Anderson/Thompson Reservoir Strategies, NCS’ newly formed reservoir engineering and consulting business.
News
May 14, 2015
Deals among oil services companies trying to survive a collapse in crude prices are expected to pick up in the second half of the year as profits hit a low point.
News
May 14, 2015
As much as 141 Bbbl of potential incremental hydrocarbon resources could be unlocked if drilling and completion techniques refined in U.S. shale plays are applied to conventional, low-productivity oil plays outside of North America, according to new analysis from IHS.
News
May 08, 2015
The oil boom isn't dead after all.
News
May 08, 2015
The first exploratory well has been drilled at Achinsk field (Tomsk Oblast, under development by Gazprom Neft subsidiary Gazpromneft-Vostok), part of a federal project to establish a regional testing ground to identify effective technologies for the development of hard-to-recover (tight) reserves.
News
May 08, 2015
RINA Services, a multi-national group based in Genoa, Italy, has announced the acquisition of QIC, Inc. by its U.S. subsidiary.
News
May 07, 2015
(Bloomberg) -- California’s rules allowing oil extraction waste to be injected into the ground were challenged by environmental groups saying the practice threatens protected sources of drinking water as the state suffers through a record drought.
News
April 24, 2015
Ithaca Energy Inc. has entered into an agreement to sell its wholly owned subsidiary, Ithaca Petroleum Norge, for an initial consideration of $60 million.
News
April 23, 2015
The U. S. Geological Survey (USGS) has released a report that outlines a preliminary set of models to forecast how hazardous ground shaking could be in the areas where sharp increases in seismicity have been recorded.
News
April 23, 2015
Think the U.S. is awash in crude now? Thank the fracklog that it’s not worse.
News
April 23, 2015
Estimated total U.S. oil and natural gas well completions decreased by 8% in the first quarter of 2015 compared to year-ago levels, according to API's 2015 Quarterly Well Completion Report, First Quarter.
News
April 23, 2015
STAVANGER, Norway -- Det norske oljeselskap AS, operator of production licence 001 B, has completed the drilling of appraisal wells 16/1-21 S and 16/1-21 A on Ivar Aasen field, the Norwegian Petroleum Directorate reports.
News
April 17, 2015
Aker Solutions and Fjords Processing have formed an alliance to develop technology and capabilities for advanced, cost-effective wellstream separation and treatment solutions for the subsea and topside oil and gas industry.
News
April 16, 2015
The profitability of some U.S. shale wells at current prices will almost double as cost cutting and technology turns them into cash gushers despite oil’s crash.
News
April 14, 2015
HOUSTON -- Paradigm has announced that Eco-Engineering Solutions, an independent, Houston-based provider of consulting and outsourcing services for drilling engineering and well operations, has adopted Sysdrill, the Paradigm well planning and drilling engineering software solution, for the delivery of drilling support services to its customers.
News
April 10, 2015
Faced with continued market uncertainty due to falling oil prices in late 2014, U.S. oil producers operating in shale plays, such as the Eagle Ford in south Texas, have built a large inventory of nearly 1,400 drilled but uncompleted wells that are now driving the investment focus for many operators.
News
April 09, 2015
Terves Inc. announced that more than 500 of its second-generation TervAlloy engineered disintegrating frac balls have been successfully deployed in horizontal frac completions in North America since their introduction in late 2014.
News
April 09, 2015
The crude oil contango market in the U.S. has created a massive incentive to store oil and, while traditional storage hubs reach record high levels, Genscape analysts have identified a trend for operators to look to their own wells as an avenue to store oil until commodity market conditions improve.
News
April 07, 2015
PITTSBURGH, Pennsylvania -- CONSOL Energy has announced the certification of its operational practices in the Appalachian basin by the Center for Sustainable Shale Development (CSSD).
News
April 03, 2015
Saipem has entered into a JV with Dangote Group to create a new company named Saipem Dangote E&C.
