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Wellbore displacement services integrate dimensions of hydraulics, chemistry, mechanics

Posted on 04 June 2014 in Exclusive Video, Innovating While Drilling, News, Videos

In this exclusive video with DC, Gabe Little, Business Development Manager for M-I SWACO, explains how the SMART 3D Displacement services integrate hydraulics, chemistry and…

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US EIA: Domestic production filled 84% of US energy demand in 2013

Posted on 03 June 2014 in Global and Regional Markets, News

Total US energy production reached 81.7 quadrillion British thermal units (quads) in 2013, the US Energy Information Administration (EIA) reported this week. That is…

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IADC Drilling Engineers Committee Forum to be held 11 June

Posted on 02 June 2014 in IADC: Global Leadership, Global Challenges, News

IADC has established the Drilling Engineers Committee (DEC) to advance new technologies related to drilling wells. DEC replaces the now-dissolved Drilling Engineering…

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Seadrill signs contract with Total for West Jupiter newbuild

Posted on 02 June 2014 in Global and Regional Markets, News

Seadrill has signed a firm five-year period contract with Total Upstream Nigeria for the newbuild ultra-deepwater drillship West Jupiter. The West Jupiter is a…

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KCA Deutag wins contract for 2 slider rigs for Lukoil

Posted on 02 June 2014 in Global and Regional Markets, News

The Land Division of KCA Deutag has been awarded a contract worth more than $90 million by Russia’s second largest oil company, Lukoil, for the supply of two arctic cluster…

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Record 92-sleeve fracturing operation completed in Eagle Ford

Posted on 30 May 2014 in Completing the Well, News, Onshore Advances

NCS Energy Services, an independent technology and services company specializing in multistage completions, has announced the completion of fracturing operations on an Eagle…

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Precision Drilling secures contract for 1,500-hp newbuild in Middle East

Posted on 29 May 2014 in Global and Regional Markets, News

Precision Drilling has been awarded a contract for a 1,500-hp newbuild that will operate for one of its existing customers in the Middle East with deployment…

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Lukoil begins commercial production from Iraq’s prolific Qurna-2 field

Posted on 29 May 2014 in Global and Regional Markets, News

Russian oil company LUKOIL has begun commercial production operations in the prolific West Qurna-2 oilfield in southern Iraq after reaching a target production level of…

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GE, Devon to develop technologies for US unconventionals

Posted on 28 May 2014 in Global and Regional Markets, News

GE Oil & Gas and Devon Energy have signed a technology collaboration agreement to bring new and enhanced technologies to unconventional oil and gas projects in the US. The agreement…

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Honghua Group highlights natural gas solutions for shale-drilling industry

Posted on 28 May 2014 in Global and Regional Markets, News, Onshore Advances, OTC

Comparing the state of the Chinese shale gas industry today to the state of the US market back in 2005 to 2006, Honghua Group Chairman and CEO Zhang Mi said he believes…

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