Drilling & production - 09 September 2019

The move follows recent investment in the company from a US-based private equity firm.

The well, offshore the Shetland Islands, UK, was shut-in yesterday to enable a planned pressure build-up test.

Analysis of the wireline logs acquired during drilling of the well supports the interpretation of a 77 m gross interval of potential oil reservoir.

The laboratory is part of a global Clariant initiative to expand HTE capabilities to all Clariant Business Units, including direct support for oil services in North America, the Asia Pacific region, Latin America, Africa and the North Sea.

The Oil and Gas Authority estimates that approximately 180 wells in the North Sea have issues with scale formation, which cost the industry approximately £106 million in 2017 alone.