Restrata has announced that more operators are on the verge of adopting its safety and emergency response technology.
The latest upstream news
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.
60% of the top 50 oilfield service (OFS) contractors already improved margins and increased operational efficiency in the first half of 2019.
The survey is in the the Salina del Istmo Basin in the Bay of Campeche and includes the recent Zama-1 discovery.
Recoverable resources in the Ørn exploration well are estimated at 8 – 14 million m3 of oil equivalent, corresponding to 50 – 88 million boe.
The mobile mixer allows the company's proprietary epoxy resin to be mixed onsite and deployed immediately before installation.
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.
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.
Abandonment of the well has been delayed following failure of 2 of the Diamond Offshore Ocean Monarch drilling rig’s 8 mooring chains.
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.
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.
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.