Next month’s SPE Offshore Europe exhibition and conference will be the largest in the event’s history with more exhibiting companies and countries represented than ever before. The sold-out exhibition halls, covering a record 27,082…
Shales are very fine-grained, clastic rocks that lose porosity through compaction. Sedimentary basins typically contain about 70% shale, Figure 1. Quantifying shale properties helps with predrill geologic and seismic interpretation, basin modeling…
Baker Hughes Inc. announced that its subsidiary, Baker Hughes Oilfield Operations, Inc., successfully deployed the Hughes Christensen Kymera™ hybrid drill bit for Statoil to improve rate of penetration (ROP) and drilling performance in an appraisal well in deepwater Logan field…
Woodside Petroleum acquired its first offshore exploration acreage in northwest Europe with its agreement to farm-in to three license options in the Atlantic Porcupine Basin. Woodside will become operator of all three licensing options, subject to regulatory approval…
Cairn Energy will to drill an appraisal well on its Spanish Point discovery off western Ireland using the semi Blackford Dolphin in 2Q 2014. Spanish Point is a gas and condensate field in license FEL 2/04 developed by Phillips in 1981. It…
Tekmar Energy has announced ambitious plans to return to the oil and gas market, while maintaining its leading position in offshore renewables. As part of the firm’s blueprint for growth, it aims to generate £15million in turnover from…
Colloquy: Editor’s Column American oceanographer Dr. Sylvia A. Earle recently received the Hubbard Medal, the National Geographic Society’s highest honor, recognizing “leadership in exploration, science, environmental stewardship and education…
BP completed a deal with Petróleo Brasileiro S.A. (Petrobras) to farm-in to five deepwater exploration and production concessions operated by Petrobras in the Potiguar Basin located in the Brazilian Equatorial Margin. Subject to regulatory approvals…
Seadrill Ltd has entered into turnkey contracts to build four new ultra-deepwater drillships. Two drillships will be built at the DSME yard and the other two at the Samsung yard, in South Korea. The project value price is estimated to be…
Cairn Energy is to drill an appraisal well on the Spanish Point discovery offshore Ireland using the Blackford Dolphin semisubmersible drilling rig. Spanish Point, in license FEL 2/04, is a gas and condensate field, made by Phillips in 1981…
Last month’s Annual Meeting of the European Association of Geoscientists and Engineers (EAGE) in London was by far the largest in the EAGE’s history. Over 8000 delegates showed up at the conference and exhibition at the Excel Centre in London to create plenty of buzz…
Andreas Chrysostomou has been appointed the 111th President of the Institute of Marine Engineering, Science and Technology (IMarEST) at its annual general meeting on 21 March 2013. Richard Vie has been appointed President Elect…
NOF Energy, the business support organisation for oil, gas, nuclear and offshore renewables, has celebrated its 25th anniversary with a special Silver Jubilee Celebration Dinner at the Gateshead Hilton. The dinner celebrated the growth of the business development organisation…
Australian oil and gas major Woodside Petroleum is to acquire its first offshore exploration acreage in north west Europe. The firm, Australia's largest operator, has agreed to farm-in to three license options in the Atlantic Porcupine Basin…
In mid-April, there were 122 offshore drilling rigs in Brazil, including 29 under construction and 93 others: 26 drillships, 52 semisubmersibles, 8 jackups, and 7 platform rigs. The status of the rigs not under construction: 77 drilling, 8 on workovers…