Archive | News
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…
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…
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…
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…
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…
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…
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…
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…
Seadrill, North Atlantic Drilling partner with Rosneft to access Russian market
Posted on 27 May 2014 in Global and Regional Markets, News
North Atlantic Drilling Ltd (NADL) and Seadrill have executed an investment and cooperation agreement with Rosneft to pursue growth opportunities offshore and onshore in the…
Tullow: Shimela-1 well onshore Ethiopia encountered water-bearing reservoirs
Posted on 23 May 2014 in Global and Regional Markets, News, Onshore Advances
The Shimela-1 well in the South Omo Block onshore Ethiopia was drilled to test a prospect in a northwestern sub-basin of the vast Chew Bahir basin. The frontier wildcat well…
Recent Drilling News
23 July 2014
Halliburton promotes Jeff Miller to President
Halliburton has promoted Jeff Miller to President and has appointed him to the Halliburton Board of Directors effective 1 August 2014. Mr Miller is currently the...
23 July 2014
Statoil resumes production on Njord A platform
Statoil has resumed oil and gas production on the Njord A platform in the Norwegian Sea, after a major reinforcement of the platform structure. Production had been shut down...
22 July 2014
Petrobras’ domestic oil production tops 2 million bbl/day in June
Petrobras’ June oil production in Brazil averaged 2 million bbl/day (bpd), a 1.7% increase from May’s production of 1.9 million bpd. In addition, the production operated...
22 July 2014
Precision, Schlumberger partner to boost industrialization of North American unconventional drilling
Precision Drilling has entered into a strategic technology and service agreement and marketing alliance with Schlumberger. Utilizing Precision’s Tier 1 drilling rigs and...
22 July 2014
Easternwell to manage delivery of onshore servicing rig for Brunei
Australia’s Easternwell, a subsidiary of Transfield Services, has expanded internationally through an agreement with Flux O.S. SDN BHD (Flux), a Bruneian oil and gas company...