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SIMMONS EDECO awarded contract by Tonalli Energia

SIMMONS EDECO has announced that it has been awarded a contract by Tonalli Energia to provide drilling services in Mexico. The contract, which has already begun, engages SIMMONS EDECO to support Tonalli’s onshore oil and gas development Block 24. The Block known as Tecolutla, is in the Tampico-Misantla Basin in the Mexican state of Veracruz. SIMMONS EDECO will drill the horizontal well 2310 TVD to a measured depth of 3,750 m by using Rig 836, which recently drilled a number of wells on the Amatitlan block in Mexico.  Cultivating a new relationship  Although SIMMONS EDECO has been providing onshore drilling services in Mexico since 2015, this drilling project represents the first time that the company will have worked on behalf of Tonalli Energia, a joint venture between Mexican ...

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Precision Drilling terminates arrangement agreement with Trinidad Drilling

Precision Drilling has announced that it has terminated the arrangement agreement dated 5 October 2018 with Trinidad Drilling following the announcement by Ensign Energy Services that it had taken up 56.38% of the outstanding common shares of Trinidad pursuant to its unsolicited offer to purchase and takeover bid circular. Accordingly, payment of the termination fee in the amount of $20 million is now due and payable to Precision in accordance with the arrangement agreement.

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New DynaEnergetics manufacturing facility opens in Blum, Texas

DynaEnergetics, a business of DMC Global, has officially opened its technologically advanced manufacturing, assembly and administrative facilities on its industrial campus in Blum, Texas. The facility spans 74,000 sq. ft and significantly expands the production capacity of the DynaStage well perforating system. The solution provides wireline companies and operators with a highly effective plug-and-go system that streamlines perforating operations, while alleviating labor costs, assembly time, maintenance and risk of misfire. New production resources include six DynaStage assembly lines and multiple CNC turning centers for in-house manufacturing of tandem sub adaptors (TSAs), a key component in the DynaStage system. In addition, the company is installing two new automated shaped-charge production lines that will more than triple the US production capacity of the business’ advanced perforating ...

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Hardide Coatings provides solution for new tool that significantly extends weather windows for drilling operations

Hardide Coatings has provided a coating solution for a new tool that will save oil and gas operators millions of dollars per year by extending weather windows for drilling operations. Well construction specialist DeltaTek Global selected the Hardide CVD (chemical vapour deposition) tungsten carbide-based coating for the key component of its new ArticuLock tool. ArticuLock provides operators with longer weather windows to deploy subsea hardware and improve operational reliability by removing bending fatigue in subsea running tools and landing strings. The Hardide-T chemical vapour deposition (CVD) tungsten carbide-based coating was used on the key component of the tool, a complex-shaped ball and socket pivot joint, which is subject to extreme loads of up to 400 tons, 5000 psi of working pressure ...

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Johan Castberg construction begins at Stord

Norwegian minister of petroleum and energy, Kjell-Børge Freiberg, will start cutting the first sheet for the topside of the Johan Castberg vessel at Kværner’s yard at Stord. The construction will create major ripple effects throughout Norway. “Johan Castberg is the next major development on the Norwegian continental shelf and will open a new area in the Barents Sea for Equinor,”Anders Opedal, Equinor’s Executive Vice President for Technology, Projects and Drilling, said. “Johan Castberg’s development will have ripple effects equivalent to 47,000 man-years in Norway during the development phase. The value of Norwegian goods and services will amount to around NOK 25 billion.” In total, more than 2 million working hours will be included in the construction of the topside, and ...

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Koltek Energy Services geo steering technology maximizes oilfield production

Koltek Energy Services successfully implemented its high-resolution gamma ray and geo-steering technology on several customers this summer.  This allows the Koltek directional team to collaborate with their customers’ geology team to maximize the production of their wells by keeping the well in the desired production zone. The technology adjusts to the wellbore position on the fly all while staying in the target zone and also reaches other geological targets required by its customers. The technology is compatible with all existing PDM Motors and seemingly links to its own measurement while drilling (MWD/LWD) system. “Our geo-steering technology allows our directional drilling team to get high resolution gamma ray readings, instantly, without having to stop drilling for any reason,” Tim Koltek, Koltek CEO, said. ...

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Middle East driving global growth in conventional oil output

Middle Eastern oil production is expected to grow by 2.7 million BPD by 2025, according to latest Rystad Energy analysis. The boost in conventional oil output from the Middle East is primarily driven by supply additions from Iraq with 1.5 million BPD growth, and an additional 1.2 million BPD mainly coming from the Neutral Zone, the UAE and Iran in the medium term. Iraq Rystad Energy forecasts the country’s oil production could grow to 6.15 million BPD in 2025. The current ramp up from producing assets is expected to add about 625,000 BPD on the country’s output of about 4.65 million BPD. The growth will primarily be driven by the giant southern fields, Rumaila, West Qurna-1 and West Qurna-2. Over the past 18 months, the ...

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US crude oil and natural gas production increased in 2017, with fewer wells

The total number of wells producing crude oil and natural gas in the United States fell to 991,000 in 2017, down from a peak of 1,039,000 wells in 2014. EIA’s updated US Oil and Natural Gas Wells by Production Rate report shows how daily production rates of individual wells contributed to US total crude oil and natural gas production in 2017. Wells classified as nonhorizontal in the report—most of which are vertical wells—have decreased from 940,000 in 2014 to 864,000 in 2017. Horizontal wells are relatively less common, but they are growing as a share of the total: the 99,000 horizontal wells drilled in 2014 accounted for 10% of the total. In 2017, 127,000 horizontal wells accounted for 13% of ...

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ADNOC Hosts Global Industry and Technology Leaders to Explore the Application of Artificial Intelligence

The Abu Dhabi National Oil Company (ADNOC) hosted senior oil, gas and technology leaders at the inaugural ADNOC Artificial Intelligence (AI) Forum. The event was held at ADNOC’s HQ, in its state-of-the Panorama Digital Command Center, to discuss radical industry shifts, the rise of AI and how, collectively, the industry can accelerate AI advancement to unlock new value from oil and gas resources. The potential impact of AI on the future course and competitiveness of the oil and gas industry could be dramatic, radically changing the traditional practices and delivering new sources of value. According to the World Economic Forum, primary savings generated from robotic applications and big data analytics could total $500 billion by 2025. “Digital innovation is delivering ...

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DeltaTek banks eight-hours of rig time for Chevron with SeaCure technology

DeltaTek Global has announced the inaugural deployment of its SeaCure technology. The work scope for Chevron North Sea took place on the West Wick subsea appraisal well which is being drilled from the Ocean Guardian. Providing major time and cost savings, the SeaCure cementing system delivers stabbed-in, inner-string cementing for subsea wells and was deployed to cement a 30 in. conductor casing. With no shoe track present, SeaCure eliminated the need to perform a dedicated clean out run prior to drilling commencing with a 121/4 in. bottom hole assembly (BHA) straight out of the 30 in. float shoe. The project is a continuation of SeaCure’s field trials completed earlier this year which were also supported by the Oil & Gas Technology Centre. ...

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