Trelleborg Sealing Solutions has announced the launch of a new metal end cap seal specifically engineered for high temperature high pressure (HTHP) wellhead, tubing and casing hanger sealing environments, which combines the pressure and extrusion resistance of a metal-to-metal bonded component with the flexibility of an elastomer...
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Microsites
ART DCS Subcommittee plans survey on IADC Daily Drilling Report
The IADC Drilling Control Systems (DCS) Subcommittee, under the IADC Advanced Rig Technology (ART) Committee, is writing a survey on usage and value of the IADC Daily Drilling Report (DDR). The subcommittee is undertaking a review of the IADC tour sheet and plans to revamp the form in print and electronic formats. The DDR Plus project will also include work to map rig sensors to drilling states and to develop guidelines for rig sensor stewardship...
Read More »Concho Resources to acquire RSP Permian in $9.5 billion transaction
Concho Resources and RSP Permian announced they have entered into a definitive agreement under which Concho will acquire RSP in an all-stock transaction valued at approximately $9.5 billion, inclusive of RSP’s net debt. The consideration will consist of 0.320 shares of Concho common stock for each share of RSP common stock. The transaction was unanimously approved by the board of directors of each company...
Read More »Reliance announces sale of select assets in the Eagle Ford shale play
Reliance Eagleford Upstream Holding, a subsidiary of both Reliance Holding USA and Reliance Industries, announced the signing of a purchase and sale agreement with Sundance Energy to divest its interest in certain acreage, producing wells and related assets in the western portion of its Eagle Ford shale position for approximate consideration of $100 million, subject to certain customary adjustments and closing terms and conditions. This transaction is in conjunction with sales made by Pioneer Natural Resources and Newpek, the other working interest owners in the joint development with Reliance...
Read More »16 contracts tendered in Mexico’s Round 3
The opening of bids and awarding of exploration and hydrocarbons production contracts for the first tender of round three was held in a public session in live transmission. The contractual areas tendered are located in oil provinces in shallow waters in the Gulf of Mexico: Burgos, Tampico-Misantla, Veracruz and the Southeast Basin...
Read More »Schlumberger introduces new perforating gun system
Schlumberger has introduced the Tempo instrumented docking perforating gun system at the SPE/ICoTA Coiled Tubing and Well Intervention Conference and Exhibition. This combination of a plug-in gun design with real-time advanced downhole measurements enables and monitors the well’s dynamic underbalance to create clean perforations that boost reservoir productivity...
Read More »Archer launches acoustic listening platform for well integrity and performance evaluation
Archer has launched the VIVID acoustic listening platform - a patented, highly sensitive, acoustic technology that detects, investigates and locates leaks in real time, verifies cement barrier seals and characterizes downhole events with unparalleled precision. The announcement was made at the SPE/ICoTA Coiled Tubing and Well Intervention Conference and Exhibition...
Read More »BSEE implements new quality assurance process for offshore energy operations
In an ongoing effort to increase responsible and efficient offshore energy operations, the US Bureau of Safety and Environmental Enforcement (BSEE) has implemented a new quality assurance process for reviewing and assessing its permitting systems. The new process seeks to reflect on permits issued by the agency and helps inform best practices for offshore energy permitting...
Read More »OPT, Eni sign agreement to provide PB3 PowerBuoy for subsea oil and gas operations
Ocean Power Technologies has announced that it has signed an agreement with Eni,to supply a PB3 PowerBuoy for a demonstration of one of Eni’s subsea oil and gas operations. The agreement provides for a minimum 24-month contract that includes an 18-month PB3 PowerBuoy lease and associated project management. OPT will also provide deployment support, remote data collection and monitoring. The project is expected to commence in March 2018...
Read More »Apache strikes oil at North Sea Garten discovery
Apache Corp has announced a significant oil discovery on Block 9/18a Area-W in the UK North Sea...
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