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Drilling & production - 23 September 2014

Increased price spread between WTI oil hubs

According to the US EIA, increased Permian production and constrained infrastructure increases have led to a growing spread between WTI oil hubs.

 
 
 
 
 
 

FlexTech invests £500,000 in new R&D hub

As part of its ongoing growth and development strategy, FlexTech has invested in a new manufacturing and fabrication base in Lincolnshire.

 
 
 

IFPEN receives award

The Technology Pioneer Award 2014 was presented to IFPEN for its work in the field of the mechanical behaviour of drilling risers.

 
 
 

Real Energy finds gas

Real Energy Corporation Limited has found gas while drilling at its maiden exploration well, Tamarama-1.