The percent of horizontal rigs in the Permian grew from 14% in January 2013 to 27% in January 2015. Now, the Permian accounts for over 42% of the active horizontal rigs in the US land market.
Postle Industries has developed a cost-saving procedure for re-application of hardbanding that promises cool tool joint internal diameters and protects the Internal Plastic Coating (IPC).
McDermott International, Inc. has announced that it has been awarded an engineering, procurement, construction, installation and commissioning (EPCIC) contract from BP Trinidad & Tobago, LLC (bpTT) for the Angelin gas field, located 25 miles (40 km) off the east coast of Trinidad and Tobago.
The DAV MX™ circulating sub from Churchill Drilling Tools, an oilfield service company specialising in drilling innovation, has been used to significantly cut process time and costs for two challenging deepwater cementing operations, without compromising string functionality.
Mokveld’s low shear Typhoon System has been installed on the Statoil-operated Troll C platform controlling well fluids from the Fram Vest field.