Lundin Energy, a Swedish oil firm focused on the Norwegian Continental Shelf, on Tuesday said it had started production from the Extended Well Test (EWT) at its Rolvsnes offshore field, the first subsea tie back development for the Edvard Grieg platform.The Rolvsnes field is located in a production license on the southern side of the Edvard Grieg field and is a weathered and fractured granite basement reservoir…
Hydrogen embrittlement was found to have caused a 2020 flowline jumper failure in the U.S. Gulf of Mexico, the Bureau of Safety and Environmental Enforcement (BSEE) said in a recent report.The incident, which occurred on July 24, 2020, in the Fieldwood Energy-operated deepwater Katmai field…
Energy industry consultancy and provider DNV is working with Wintershall Noordzee and the OTH Regensburg University of Applied Sciences to explore how existing natural gas pipelines in the southern North Sea can be used for future carbon dioxide (CO2) transport…
U.S. oilfield firm Halliburton Co on Tuesday posted its third consecutive quarterly profit, as a jump in oil prices and drilling activity boosted demand for its services and equipment.Oil prices have rallied to multi-year highs with global crude futures climbing 4…
Neptune Energy has awarded DNV a contract for the carbon capture and storage (CCS) pipeline materials study which will assess the fracture and suitability of offshore pipelines for reuse in CO2 transport.The pipeline materials analysis is part…
The recent downgrade of Hurricane Energy's Lancaster field recoverable reserves estimates has led Norwegian energy intelligence Rystad Energy to revise its expectations for the UKCS overall and say that the basin might never again hit output…
UK-based oil and gas company Hurricane Energy has appointed Antony Maris as Chief Executive Officer ('CEO') designate, and executive director of the company.Maris' appointment follows the resignation of Hurricane Energy's long-standing CEO Robert Trice…
Oilfield services firm Halliburton has laid off roughly 1,000 employees, or 22% of staff, at its corporate headquarters in Houston, a company spokeswoman said on Wednesday, as oil prices collapse.The cuts by one of the biggest names in oilfield…
Global spending on oilfield equipment and services this year will fall 21% from 2019 to $211 billion, the lowest level since 2005, according to a report to be released on Wednesday by consultancy Spears & Associates, as oil and gas producers slash spending…
The first successful “Single-Trip Multi-Frac” campaign has been executed on the Valhall field, marking the first time this specific well stimulation method has been performed offshore.“The traditional method takes two-three days to fracture a single zone of the reservoir…
Oilfield services company Halliburton has unveiled a new logging-while-drilling technology that provides real-time images of the borehole to help operators identify fractures, improve wellbore stability and optimize completion design.When drilling with oil or water-based fluids…
A new high-definition dual-imaging-while-drilling service from Schlumberger has been introduced to overcome geomechanics-related challenges and provide geological characterization in real time.The new service, TerraSphere, introduced at the…
Equinor and partners Lundin and Spirit Energy have made a small oil discovery in production licence 167 at the Utsira High in the central part of the North Sea.The Lille Prinsen Outer Wedge appraisal well is located about 1 kilometer west of Lille Prinsen Main…
Equinor Energy AS, operator of production licence 502, has completed the drilling of wildcat well 16/5-7.Equinor’s objective was to investigate potential reservoir rocks in several levels: Upper Jurassic intra Draupne Fm sandstones, Upper Triassic Skagerrak Fm…
UK-based oil exploration and production company Hurricane Energy said it has spudded the second of three wells on the Greater Warwick Area in the UK North Sea.Well 205/26b-B well, or Lincoln Crestal, was was spudded – the start of the drilling process – using the Transocean Leader rig…
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