BlueFire Equipment Corp rolled out its new premium steel bit line. The product will be available alongside the matrix PDC bits, and offers the opportunity of more cost savings for its customers. “During the process of developing our first made-to-order product for the international sector…
More needs to be done to develop Russian subsea production capabilities in order to develop hydrocarbon resources in Russia’s arctic seas, SPE Arctic & Extreme heard in Moscow yesterday. According Gazprom, there is an estimated 21-46Billion tons of oil and 36…
BP has announced a deepwater gas discovery in the East Nile Delta offshore Egypt. Wireline logs, fluid samples and pressure data confirmed the presence of gas and condensate in 38m net of Oligocene sands. The company says the well…
Siemens is hoping to have a complete subsea power grid installed on the seabed by 2018, according to its head of subsea power solutions. The division has been formed by Siemen’s acquisition of Bennex from Subsea Technology Group in 2011…
Subsea monitoring outfit Naxys has gained access to top research facilities after being bought out by global giant GE. Naxys’ work in the field of subsea monitoring systems led it to be snapped up by Measurement & Control, a business of GE Oil & Gas earlier this year…
Norwegian technology development company Biota Guard has developed a subsea leak and environmental monitoring system for the oil and gas industry. Monitoring the heart-beat of mussels and their shell movements may not sound like a traditional activity within the upstream oil and gas industry…
Production from subsea wells is growing in importance in many operator portfolios. As easily accessible oil is depleted, subsea processing offers a compelling solution to economically produce in a variety of challenging conditions. Worldwide…
Germany’s Wintershall has stepped forward to back a new autonomous exploration drilling tool being developed in Norway.Badger Explorer (BXPL) is developing the tool, which it describes as “a new formation and reservoir evaluation tool, which drills into the subsurface without the risks…
With compressed hydrocarbon gas, commonly used offshore to control instruments when compressed air is not available, moisture, particulates or oil in the gas can cause premature wear, damage downstream equipment and trigger malfunctions that make it difficult to control the process efficiently…
One of the key performance indicator’s of an installation’s integrity performance is the number of hydrocarbon releases, along with the importance of workforce competency in managing these risks. While North Sea statistics had shown a continued…
Integrating several imaging and modeling technologies can reduce exploration risk. Ian Bryant (Schlumberger) and Paul Xu (formerly of Ipex) present an integrated basin and petroleum system study that predicted many oil and gas accumulations in a relatively unexplored region offshore Brazil…
An INTECSEA-led joint industry project headed by former Shell subsea specialist Ian Ball is looking to pave the way for increased step-outs, enhanced recovery and improved economics on upcoming subsea developments in arctic and sub-arctic waters…
BP in mid-June began collecting oil & gas from the first phase of a system that taps into the choke and kill valves on the Macondo well's failed blowout preventer. The system employs the same flow lines and manifold used in the company's unsuccessful top kill attempt in May…
Eleven proposals will receive a cut of $10 million in funding from the Research Partnership to Secure Energy for America (RPSEA) under its ultradeepwater program. The proposed technologies are aimed at improving safety, minimizing environmental impact…
With industry interest reawakened by recent deepwater, sub-salt gas finds offshore Israel, the eastern Mediterranean and Levantine Basin today loom large on the frontier exploration agenda. Here, Øystein Lie, Thore Sortemos and Per Helge Semb…
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