While the offshore industry has focused on cutting costs, Weatherford – known primarily as a land-based completions company – has invested heavily in building an offshore completions line.Mark Hopmann, Weatherford’s Completions president, says…
UK-based Corallian Energy has revealed that the UK Government had looked favourably upon its plans for two offshore exploration wells.The Offshore Petroleum Regulator for Environment and Decommissioning, which sits within the Department for Business…
North Sea operator Serica Energy has struck a deal with commodities giant BHP Billiton to up its stakes in two North Sea fields, taking it above 90 per cent ownership of the assets.Under the a sale and purchase agreement (SPA), Serica UK will acquire a 16…
Australian Oil and gas explorer Beach Energy said it will sell a 40 percent stake in its Victorian Otway gas assets for USD 243 million, and trimmed its earnings and production guidance.Through their wholly-owned subsidiaries Lattice Energy Limited and OGOG (Otway) Pty…
EnQuest says its Kraken field is on track to reach 50,000 bo/d gross in the first half of 2018 after achieving month on month production growth since coming on stream June this year. Armada Kraken FPSO Early this month…
Mubadala Petroleum has started a three-well drilling program at the Manora oil field in the northern Gulf of Thailand, says partner Tap Oil. The program in the G1/48 concession, using the Atwood Orca jackup drilling unit, comprises two development wells and an exploration well…
CARBO Ceramics announced KRYPTOSPHERE HD has been utilized by all supermajor E&Ps operating in the Gulf of Mexico, for deep, high stress wells. KRYPTOSPHERE HD is the leading ultra-conductive, high strength ceramic proppant. It was initially…
Odfjell Drilling signed a letter of award (LoA) today (31 May) with Statoil to secure the Deepsea Bergen for drilling activities in 2018-2019. The LoA includes one firm well plus four options for three additional wells, which totals out to 14 months in all…
Otto Energy has entered into binding agreements to raise US$8.2 million to develop the company’s oil project in the South Marsh Island 71 license (SM-71) in the Gulf of Mexico. Map of SM-71, from Otto…
Tendeka has launched PulseEight, its latest advance in wireless intelligent completion technology for the digital oilfield. Tendeka’s PulseEight system uses unique pressure pulse telemetry to channel wireless communication between a well’s…
Baker Hughes (BHI) has introduced its DEEPFRAC deepwater multistage fracturing service, which aims to save operators hundreds of millions of dollars in offshore developments through efficiency gains across the completion phase. Using multiposition sleeves and patented flowback control technology…
Noble Energy has won approval to drill an additional well, Leviathan-7, at its giant Leviathan project offshore Israel, alongside the Leviathan-5 well, in a move that aims to streamline operations and reduce drilling costs, Noble's partner Delek Group announced today (14 March)…
Umbilical and power cable manufacturer JDR has been awarded a major steel tube umbilical contract by Cameron, on behalf of operator ONGC, for the 11 Wells of Western Offshore project. The development involves subsea completion of 11…
The UK North Sea has an industry target to cut well completion costs by 50%. Elaine Maslin reports. Looking up through a derrick. Photo from BP. Well construction accounts for…
Statoil awarded Coast Center Base (CCB) a contract for the reception and preparation of the two new category J rigs for Statoil: Boots and the Cinderella. The rigs are being built at the Samsung Heavy Industries shipyard in South Korea and are expected to the delivered in Q2 2017…