Drilling & production - 11 July 2016

Alexis Garcia, Brad Ivie and Andrew Miller, NOV, USA, introduce a new generation of PDC bits.

Statoil and EQT Corp. have completed their transaction, whereby Statoil has sold its non-core operated assets in West Virginia, USA, to EQT Corp.

The Tendrara well has encountered significant gas reserves during drilling in the TAGI reservoir.

OEM Group has secured a 2 year contract worth up to £1 million with Go Marine to deliver engine support services to its fleet of vessels.

Tullow Oil Norge AS, operator of production licence 776, is in the process of completing the drilling of wildcat well 16/5-6.

Faroe Petroleum has announced the completion of a successful side-track appraisal well on the Brasse discovery in licence PL740.