Schlumberger posts 2Q21 profit
Schlumberger reported net income of US$431 million for the three months to June 30, compared with US$299 million in the first quarter.
The latest upstream news
Advertisement
In the latest Oilfield Technology Spotlight, Nicholas Woodroof, Deputy Editor, speaks with Adam Calvin, Production Testing and Fluids Manager, TETRA Technologies, about his article in Oilfield Technology’s first issue of 2021.
United Oil & Gas achieves further success at Abu Sennan licence
Initial interpretations indicate a total of over 40 m MD of net oil pay across three different reservoir units in the Al Jahraa-8 development well.
Pharos Energy begins infill drilling at Vietnam offshore field
Pharos Energy is carrying out an infill programme to increase production from the TGT field in the Cuu Long Basin.
Shell starts sale of stakes in two Malaysian offshore fields
According to a document seen by Reuters, Shell has launched the sale of its stakes in the Baram Delta EOR and the SK307 production-sharing contracts, which are operated by Petronas Carigali Sdn Bhd.
Upcoming oil events
Global Energy Show 2021
21 Sep 2021 - 23 Sep 2021
BMO Centre
20 Roundup Way SE,
Calgary,
Alberta,
T2G 2W1,
Canada
Gastech Exhibition & Conference 2021
21 Sep 2021 - 23 Sep 2021
World Trade Centre,
Dubai,
United Arab Emirates
SPE Annual Technical Conference and Exhibition (ATCE) 2021
21 Sep 2021 - 23 Sep 2021
Dubai World Trade Centre
Sheikh Zayed Rd,
Abu Dhabi,
United Arab Emirates
Borr Drilling rig contracted for work in Mexico
The drilling programme, for an unnamed international oil company, is expected to commence in 2Q22 for a duration of approximately 150 days.
Shell starts gas production from Barracuda Project
The Barracuda project comprises two subsea wells (both 100% Shell owned), one in the Endeavour field and the other in the Bounty field, offshore Trinidad and Tobago.
EIA: US crude oil exports reached record levels in 2020 and remain high in 2021
The four-week rolling average of US crude oil export volumes has not fallen below 2 million bpd during the past three years, despite the COVID-19 pandemic.
Enteq Upstream appoints Business Development Vice-President
Suki Gill joins the company with 15-years’ experience under her belt, ranging from hands-on Measurements and Logging while Drilling Engineering, multi-platform integration projects, training and operations management.
Seismic consortium secures pre-funding for Sarawak Basin survey
The survey area covers acreage included in the Malaysia Bid Round 2021 and fast-track results will be delivered in time for block evaluation.
Baker Hughes reports fall in profit
Adjusted net income attributable to the company was US$83 million, or 10 cents per share, in the quarter ended June 30, compared with US$91 million, or 12 cents per share, in 1Q21.