Specialist downhole tool provider, Peak Well Systems has expanded its product portfolio with the launch of its new SIMPLUS range of V3-Grade plugs certified to ISO14310. The portfolio employs an ISO-14310 Grade V3-rated SIMPLUS Retrievable…
Specialist downhole tool provider Peak Well Systems has opened a new technology center in Dubai dedicated to its growing customer base in the Middle East and North Africa. The facility accommodates regional technical sales and engineering teams for improved customer reach…
Specialist downhole tool provider Peak Well Systems has relocated its European regional headquarters to a newly constructed, office and workshop facility in Aberdeen which will meet the needs of its expanding North Sea business. Peak’s investment…
The third phase of the Na Kika field in the Gulf of Mexico recently entered production, BP announced. Phase 3 production started on 19 Feb 2014, with a second well expected to come online 2Q 2014. Sitting in around 6300ft of water…
Chinese oil firm CNOOC says it is planning to invest RMB 105 billion (US$17.35 billion) to 120 billion ($19.82 billion) on projects during 2014. Nexen Inc, bought by CNOOC in early 2013, will account for about 19% of the spending. Overall…
CNOOC Ltd. announced that the Liuhua 19-5 gas field has commenced production.Liuhua 19-5 is located in the Pearl River Mouth Basin of the South China Sea with an average water depth of about 185m. This project was designed to share the existing producing facility of Panyu 30-1 gas field…
CNOOC Ltd started production at two of its offshore fields, the Wenchang 19-1 North and Weizhou 12-8 West. The Wenchang 19-1 North oil field is located in the western Pearl River Mouth Basin with an average water depth of about 120-130m…
Shell, and its partners, are expecting to boost production with two new deepwater projects at Parque das Conchas (BC-10) and the Bijupirá/Salema fields. 'Offshore Brazil is a key part of our plans to grow our deepwater portfolio – a key component of our global strategy…
Cidade de Paraty in production FPSO Cidade de Paraty went on stream, beginning production from the Lula Nordeste field in the Santos Basin presalt play. It is about 300km off Brazil, in the northeast corner of Block BM-S-11. The FPSO can process up to 120…
Royal Dutch Shell plc will develop the Stones ultradeepwater project in 9,500ft of water, about 200mi southwest of New Orleans. Development will start with two subsea wells tied back to an FPSO, followed by six additional wells. This first phase is expected to reach peak production of 50…
Liuhua 11-1 (Photo: CNOOC)Production starts at two S. China Sea fields CNOOC Limited announced that Panyu 4-2/5-1 oil field adjustment project and Liuhua 4-1 oil field located in the Pearl River Mouth Basin of South China Sea, successfully commenced production…
Peak Well Systems’ new 90Degree Safe Connect facilitates the safe deployment of extended length, rigid assemblies into the well, with a safe working limit of 3te. The specialist downhole tool provider says the novel pivoting design of the Peak…
Steve Moir has been named as North Sea technical sales manager for downhole tool provider Peak Well Systems, based at its Aberdeen office. He joins from Expro and prior to that served with Halliburton.
With the successful deployment of its new large bore SIM plug systems at Apache’s Sinbad field on the North West Shelf, Peak Well Systems chalked up an industry first offshore Australia earlier this year. Russell McCulley pays a visit to the…
Specialist downhole tool provider Peak Well Systems has launched the Power Cutter, a patented powercharged, non-explosive cutter that is dropped from surface to sever slicklines and cables in the event that a toolstring becomes stuck downhole…
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