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…
Norwegian technology development firm Badger Explorer ASA has been awarded a NOK13.2 million funding to develop high pressure high pressure technology in its drilling units. Stavanger-based Badger is development rigless drilling technology…
Oilfield services company Archer is to cut staff and close some bases as part of a restructuring plan. The firm, which provides drilling and well services, said to accelerate margin improvements and adapt to the “highly competitive North American land market”…
Prospector Offshore Drilling's new jack-up drilling rig, Prospector 1, arrived in the Cromarty Firth, Scotland today, after a two-month journey from its construction shipyard in Dalian, China. The jack-up features an advanced, fully-automated…
60th Annual Census: North American rig fleet gains while activity level drops. In the U.S. and Canada, additions to fleets increased availability, while activity decreased. The global offshore mobile fleet posted another modest gain, with 42 newbuilds entering service in the last year…
Intervention and completions firm Welltec is to set up factory in Esbjerg, Denmark, as an offshore supply base for its operations in the Danish, German and Dutch sectors of the North Sea and onshore central Europe. The new facility, which will initially employ 25-35 people…
FMC wins TEN order FMC Technologies Inc. received an order from Tullow Ghana Ltd. to supply subsea systems for its Tweneboa-Enyenra-Ntomme Development (TEN) offshore Ghana. The order's estimated value is US$340 million. FMC Technologies’ scope of supply includes subsea trees…
Transocean Ltd. announced it has been awarded a five-year contract for a newbuild dynamically positioned, ultra-deepwater drillship by Chevron U.S.A. Inc. Shipyard delivery is scheduled for the second quarter of 2016. After customer acceptance…
Baker Hughes Inc. announced the availability of its StayCool™ multidimensional cutter, which helps operators drill to total depth faster and more cost effectively by extending cutter life and footage per run. Used exclusively on the Hughes…
Hardide Coatings (stand 4D148) has developed an innovative coating to extend the life and improve the performance of drilling tools operating in extremely abrasive environments. This is the first successful high performance coating for TSP…
Standard coring methods often yield incomplete reservoir fluid information. Doug Kinsella, managing director of Corpro, describes a new coring system that provides better information while saving rig time. Deepwater finds are now playing a crucial role in replacing global reserves…
Beach Energy announced that drilling is expected to begin on the 01RX Cobalcescu South exploration well in Block EX-28 offshore Romania. According to the company, the well will be spudded during Beach Energy’s August reporting period…
Rig design engineering firm RDS has been awarded two contracts valued at US $42,000,000 for engineering and design services in the North Sea and a global master services agreement (MSA). The first contract is for detailed design and…
TAM International Inc. established a new line of TAM FastSwell™ elastomers, adding to their extensive FREECAP® swellable packer product offering. TAM FastSwell™ provides a fast, controlled swell time at lower temperatures and high salinities…
Precision Polymer Engineering (PPE) broadened its range of advanced sealing. The new products are a range of spring seals—elastomer seals which incorporate a spring and are suitable for applications encountering high pressures, high temperatures or aggressive media and environments…