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BHGE to provide full-stream support for Pasca A field in Gulf of Papua

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BHGE, announced one of the first agreements of its kind with Twinza Oil to provide full-stream support on the Pasca A gas condensate field, located off Papua New Guinea in the Gulf of Papua. The Twinza-BHGE full-stream agreement covers services and equipment during Phase I of the Pasca A field development, including drilling services, wellheads and pressure control equipment for the fourth and final appraisal well. The appraisal well will be drilled in Q3 2017, which will be suspended as a future development well, and the final investment decision (FID) to proceed to development is expected in 2018. Post-FID, BHGE expects to provide an integrated gas-processing solution from the wells through to point of export. The full-stream offering includes a ...

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Tubular handling system reduces pipe handling by 50%

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Every time a worker has to handle tubulars, from the pipe yard to the drilling rig, there is risk for incident or injury. Global Gravity created the TubeLock system to reduce the handling required by halving the number of times a pipe is handled compared with wire bundling systems, Kim Christensen, Director of Sales and Marketing for Global Gravity, said during an IADC Spark Tank event on 2 August...

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Catoosa Test Facility adds third testing rig

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Catoosa Test Facility has added a third testing rig to the test campus in Jennings, Oklahoma. Nabors Industries has furnished through a subsidiary one of its high-quality drilling rigs under a long-term arrangement to CTF for research and development activities related to drilling operations, advanced wellbore placement technologies and other oilfield tool testing and verification services...

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Zama-1 well completes drilling operations offshore Mexico

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The Zama-1 exploration well offshore Mexico has now completed drilling operations in the final hole section, reaching a total depth of 4,108 m (13,478 ft). The logging results confirmed that the previous hole section had reached the base of the reservoir section, with an oil-down-to in the well of 3,380 m (11,089 ft) with no subsequent penetration of an oil-water-contact. The well drilled deeper into the Zama Deep target and no additional hydrocarbons were encountered, confirming pre-drill expectations for this formation...

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Devon Energy announces $340 million of non-core asset sales

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Devon Energy announced it has entered into a definitive agreement to monetize its Lavaca County assets in the Eagle Ford play. Combined with other minor asset sales completed across its US operations, proceeds from the company’s recently announced $1 billion divestiture program have now reached $340 million. The Lavaca County transaction is subject to customary terms and conditions and is expected to close by the end of 2017. “These highly accretive asset sales are an important step in executing on our $1 billion divestiture program over the next year,” Dave Hager, President and CEO, said. “The divestiture proceeds will further strengthen our investment-grade financial position and provide us additional flexibility to build operational momentum across our top-tier US resource plays.” ...

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6 drilling contractors to participate in GOM cyber-themed table top exercise

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Six drilling contractors – Diamond Offshore, Helmerich & Payne, Nabors, Noble, Parker Drilling, and Rowan – will be joining more than 30 other organizations in a cyber-themed table top exercise on 8 August at the New Orleans office of the US Bureau of Safety and Environmental Enforcement (BSEE). The cyber exercise is geared toward port and maritime stakeholders. It is being coordinated among the Maritime and Port Security Information Sharing and Analysis Organization (MPS-ISAO), the Department of Homeland Security’s National Cyber Exercise and Planning Program (NCEPP), and the US Coast Guard Outer Continental Shelf Division with its Area Maritime Security Committee’s Exercise Team...

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