The partnership will enable the E&P industry to build and deploy their own artificial intelligence (AI) solutions across the full breadth of their upstream workflows.
Drilling & production
The Acquired Assets produced approximately 19 thousand barrels of oil equivalent per day (MBoe/d) during 3Q19.
In Houston, READ now operates from a 9000 ft2 facility in a highly accessible area of the city, comprising offices, a technical workshop, a laboratory and warehouse storage, while the company has relocated to a new and improved customer support office in Anchorage.
More Drilling & production news
Both contracts were awarded by Baker Hughes, under a primary term of two years firm and an option to extend for another six months.
The well management and performance improvement company posted its annual results (year end to 28 February 2019), reporting that pre-tax profit has increased from £365 000 to £2.3 million.
To overcome the challenge of low recovery factors in shale reservoirs, independent global completions service company Tendeka, has launched ShaleModifier.
Nexans has announced an award by OneSubsea® for the design, manufacture and supply of two 120 km power umbilicals for a subsea multiphase compression system.
Neodrill has announced that it will enter the South East Asian market following the addition of Tor Odegard to its team.