Archive | Global and Regional Markets

Drill pipe riser system qualified for African deepwater project

Posted on 17 September 2012 in 2012, Global and Regional Markets, September/October, The Offshore Frontier

The Cameron/TOTAL Usan project team took one of the first high-pressure drill pipe riser for intervention systems (DPRIS) to the African deepwater market in 2009…

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Multistage stimulation pushes Chinese well over production target

Posted on 17 September 2012 in 2012, Global and Regional Markets, Onshore Advances, September/October

New production goals issued by the Chinese government of more than 6 million tons of oil equivalent per year in one field created a challenge to more quickly…

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Well intervention tools: Pushing back time for aging wells

Posted on 17 September 2012 in 2012, Completing the Well, Global and Regional Markets, September/October

Technology advances address water influx, wellbore buildup, seek innovative methods to cut pipe, set cement plugs. As fields mature around the world, innovations in well intervention services have become increasingly important…

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Waste handling under study for Chinese unconventional wells

Posted on 17 September 2012 in 2012, Drilling It Safely, Global and Regional Markets, September/October

Waste management plays an important role in delivering an environmentally sound well. If a project requires the operator to drill hundreds of deep development wells…

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UBS analyst: North America to be energy independent by 2020

Posted on 13 September 2012 in Global and Regional Markets, News

North America is on the path to energy independence, and the US will reduce its reliance on OPEC oil to zero by the end of this decade, asserts Nicole Decker…

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PEMEX makes its first discovery in deepwater Gulf of Mexico

Posted on 30 August 2012 in Global and Regional Markets, News, The Offshore Frontier

PEMEX has made its first discovery of crude oil in deepwater Gulf of Mexico, which confirmed the existence of light crude oil in deepwater Gulf of Mexico…

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TWMA, operators in Norway coordinate efforts for offshore drilling waste management on NCS

Posted on 29 August 2012 in Global and Regional Markets, News, The Offshore Frontier

TWMA, a provider of specialized services for the international onshore and offshore oil and gas industry, has begun…

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Statoil to drill nine exploration wells in Barents Sea

Posted on 28 August 2012 in Global and Regional Markets, News, The Offshore Frontier

Statoil will drill nine wells during a non-stop 2013 Norwegian Barents exploration campaign, increasing its Arctic activities…

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Aker Solutions to deliver 6 drilling equipment packages to drillships in Brazil

Posted on 27 August 2012 in Global and Regional Markets, News, The Offshore Frontier

Aker Solutions has been awarded a contract to supply drilling equipment packages for six deepwater drillships..

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Petrobras makes oil discovery in ultra-deepwater in Sergipe-Alagoas Basin

Posted on 27 August 2012 in Global and Regional Markets, News, The Offshore Frontier

Petrobras has confirmed the presence of good quality oil and gas in the BM-SEAL-10 block…

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