Drilling & production - 26 January 2017

Aberdeen-based Zilift, has achieved more than one year’s production from its TorqueDrive technology in a cyclic steam operated, previously sub economic, well in California.

The company's oil production for the period was 50 309 bbls (average of 547 bpd net to Range, which is a 23% increase from the previous quarter.

TEAM Oil Tools has developed the TOMCAT™ Fully Composite Frac Plug, an addition to the TOMCAT Product Line.

Hawkwood Energy, has announced that it has reached a definitive agreement for its wholly-owned subsidiary Hawkwood Energy East Texas, LLC to acquire producing and non-producing assets from subsidiaries of Halcon Resources for US$500 million.

Fluor Corporation has announced that it was awarded a two-year engineering services framework agreement with North Caspian Operating Company (NCOC) for conceptual studies and front-end engineering for its projects in the Caspian region.