Schlumberger is releasing its Invizion Evaluation well integrity service that helps operators evaluate zonal isolation by using integrated drilling, cementing and well logging data. Schlumberger says one key component in achieving zonal isolation is cementing…
Petroleos Mexicanos (Pemex) and Chevron entered into a memorandum of understanding (MOU) intent on increasing cooperation in areas such as deepwater, heavy oil and mature fields. The preliminary deal also covers collaboration on natural gas…
Mexico seismic services company COMESA selected Paradigm as a strategic partner for its new seismic data processing center. Through the use of Paradigm software solutions for seismic processing and imaging, subsurface modeling and reservoir characterization…
Smith Bits, a Schlumberger company, introduced StingBlade, a conical diamond element bit. StingBlade bits increase run length and rate of penetration (ROP) while delivering improved steering response in directional applications. “In…
Even as European stalwarts like Statoil champion for a standardized, “Lego-style” subsea factory, it was the topic of the day at the Houston Technology Center’s Deepwater Technology Symposium. Speakers from DeepStar, FMC Technologies…
Energy services company Proserv has signed an agreement to be acquired by major US private equity investor Riverstone Holdings LLC. Riverstone Global Energy and Power Fund V, LP, in partnership with Proserv management, will acquire 100% of Proserv shares from Intervale Capital…
State-owned oil company Petróleos Mexicanos (Pemex) has issued two series of notes totaling US$1 billion, guaranteed by the US Export-Import Bank. Pemex is using the proceeds from the sale of the notes to purchase goods and services…
Chevron Corp. made a new oil discovery in the Keathley Canyon Block 10 located at the Guadalupe prospect in the deepwater US Gulf of Mexico. Transocean’s Discoverer India. From Chevron. Well No…
ConocoPhillips kicked-off the drilling campaign on its Eldfisk II project with Maersk Innovator. Five wells have been pre-drilled, and the drilling operations of the remaining 35 wells has now begun. Eldfisk II is one of four fields that comprise the Greater Ekofisk Area…
The US Bureau of Ocean Energy Management (BOEM) is inching closer to an oil and gas lease sale in the Cook Inlet offshore Alaska. The agency said it intends to publish an environmental impact statement (EIS) in the federal register on 23 October 2014 for Sale 244…
Updated at 22 October 2014 at 3 p.m. Pemex called off the evacuation of its 15,000 workers in the Bay of Campeche after severe weather conditions improved. Earlier today, OE reported that Mexican national Pemex began evacuating its…
FMC Technologies reported a 15% increase in revenues and its highest quarterly subsea margins in four years, thanks to its Subsea Technologies division. Subsea Technologies saw a 16% increase in Q3 revenue, at US$1.3 billion, compared to the previous quarter…
Houston-based Noble Energy elected David L. Stover as president and chief executive officer. Stover. From Noble. Stover previously served as the company's president and chief operating officer…
Toronto-based, South American-focused explorer Pacific Rubiales Energy has entered into a three-year memorandum of understanding (MOU) with Mexico's state oil firm Pemex, the company announced on 17 October. Pacific Rubiales said the…
The deepwater drillship Pacific Sharav arrived in Keathley Canyon to begin work for Chevron. The drillship is the fifth for Chevron to work in the deepwater Gulf of Mexico. According to data from the US Bureau of Ocean Energy Management…