Saudi Aramco and Baker Hughes introduce cable-deployed ESP system
TransCoil rigless-deployed ESP expands the operating envelope and improves reliability versus existing alternative deployment systems
TransCoil rigless-deployed ESP expands the operating envelope and improves reliability versus existing alternative deployment systems
The company has won a bankruptcy auction to acquire the acres, including drilling rights on 44 100 net acres in the Utica and current natural gas production of approximately 80 million ft3 per day, from Stone Energy Corp.
The company has announced that the Board has approved expenditure of US$2.2 billion for its share of the development of the Mad Dog Phase 2 project in the Gulf of Mexico.