More North Sea organisations set to join the digital safety revolution by adopting the Restrata Platform
Restrata has announced that more operators are on the verge of adopting its safety and emergency response technology.
The latest upstream news
Clariant Oil Services to release winterised pour point depressant technology
The technology will help oil production companies, especially operating in cold climate regions, overcome the challenges associated with the transportation of waxy crude oils and the mitigation of wax deposition.
Jump in oil price could send service company margins higher, says Rystad Energy
60% of the top 50 oilfield service (OFS) contractors already improved margins and increased operational efficiency in the first half of 2019.
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Oxford Flow expands office following recent expansion
The new space will house Oxford Flow’s growing team, which has added 10 people in the last year.
Schlumberger, Chevron and Microsoft to collaborate on digital transformation
As part of the collaboration, the three companies will work together to build Azure-native applications in the DELFI cognitive E&P environment.
Production begins at Utgard field
Recoverable Utgard resources are estimated at around 40 million boe and daily production on plateau will be around 43 000 boe.
Sercel releases wireless nodal acquisition system
WiNG is a next-generation land nodal system designed for data acquisition companies.
Ashtead Technology completes subsea installation monitoring for Ocean Installer
The contract saw Ashtead Technology provide its integrated Deflection Monitoring System (DMS) services and equipment to support the installation of eight Integrated Template Structures (ITS) in Equinor’s Askeladd and Johan Castberg fields.
Wood Mackenzie comments on Saudi oil facilities attack
Wood Mackenzie VP for Refining, Chemicals and Oil Markets, Alan Gelder, has said that the loss of supplies from Saudi Arabia cannot be met for long by existing inventories.
Upcoming oil events
2019 SPE Annual Technical Conference and Exhibition
30 Sep 2019 - 02 Oct 2019
BMO Centre at Stampede Park
20 Roundup Way SE,
Calgary,
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Flexible Risers 2019
08 Oct 2019 - 09 Oct 2019
St. James' Court
54 Buckingham Gate,
London,
United Kingdom
Kuwait Oil & Gas Show and Conference 2019
13 Oct 2019 - 16 Oct 2019
Kuwait International Fairground
1 St, Mubarak Al-Abdullah,
Kuwait
Schlumberger begins wide-azimuth survey in Gulf of Mexico
The survey is in the the Salina del Istmo Basin in the Bay of Campeche and includes the recent Zama-1 discovery.
Equinor, Aker BP and Wellesley Petroleum make gas discovery in Norwegian Sea
Recoverable resources in the Ørn exploration well are estimated at 8 – 14 million m3 of oil equivalent, corresponding to 50 – 88 million boe.
CannSeal releases mobile resin mixer
The mobile mixer allows the company's proprietary epoxy resin to be mixed onsite and deployed immediately before installation.
COSL Drilling Europe achieves OPITO CMS approval
The Norwegian contractor, who demonstrated and implemented a best practice CMS covering operations on one of its North Sea assets, achieved the accreditation in under four months.
Oilex enters exclusivity agreement for Irish Sea licences
The agreement with Koru Energy is for a potential acquisition of up to a 50% relevant interest in the Knox and Lowry, and Whitbeck gas discoveries in the East Irish Sea.
Cooper Energy plugs Annie-1 wellbore
Abandonment of the well has been delayed following failure of 2 of the Diamond Offshore Ocean Monarch drilling rig’s 8 mooring chains.
VAALCO Energy begins Gabon drilling campaign
Drilling of the Etame 9P appraisal wellbore is expected to take approximately four weeks, after which the company will commence drilling the Etame 9H development well targeting the Gamba reservoir.
Tullow makes new oil discovery offshore Guyana
Evaluation of logging and sampling data has confirmed that Joe-1 has encountered 14 m of net oil pay in high-quality oil bearing sandstone reservoirs.
Rystad Energy comments on Saudi drone attacks
The drone attack on the world’s largest oil processing facility, Abqaiq in the heart of Saudi Arabia’s oil industry, forced Saudi Aramco to shut in 5.7 million bpd of crude production.
Strike Energy announces significant upgrade of Kingia gas discovery
Analysis of the logs, use of offset comparison data and cut-offs, in conjunction with advanced wireline tools has indicated an increase in net pay of 17 m, which brings the total net pay to 58 m using the cutoffs from the nearby Waitsia field.