Drilling & production

Baker Hughes, a GE company, has announced the introduction of its DELTA-TEQ™ low-pressure-impact drilling fluid.

In a major turnaround, North American tight oil is emerging as the second cheapest source of new oil volumes globally, just shy of the Middle East onshore market.

The board of Caspian Sunrise has provided an update on developments at its flagship BNG Contract Area.

The number of drilled but uncompleted wells in seven key oil and natural gas production regions in the United States has increased over the last two years, according to well counts in the EIA’s drilling productivity report.

Expro’s new Intervention Riser System and Riserless Well Intervention System provide two new well access solutions.

Craig International has reported growth in its USA operations, whilst securing a new UK contract with BP.

IriSphere look-ahead-while-drilling service reduces drilling risks and improves efficiency by providing data ahead of the bit in real time.

Halliburton Company has released Flex™ Managed Pressure Drilling System (MPD), a scalable and mobile technology that can be configured to address specific operator challenges and improve rig efficiency.

The BRX4Z sidetrack at Angus Energy’s Brockham well site has been successfully re-perforated.

ESAI Energy’s Global Crude Oil Outlook predicts a reduction in Venezuelan and Iranian exports that will reshuffle the crude trade deck.

The integration of Wintershall and DEA is expected to be completed in approximately one year.

Under the terms of the agreement, Eni will pursue exploration activities in the offshore area of over 2800 km2, located in the northern territorial waters of the Kingdom of Bahrain, with water depth ranging from 10 up to 70 m.

Oceaneering International Inc. has secured a new drilling and completion support contract for integrated services with Wintershall Norge AS.

The funds raised are to be applied to support ongoing works at the UK-based company’s Brockham asset, forthcoming works at the Balcombe asset, a seismic overview of the Lidsey asset and to fund the exploration of potential acquisition opportunities.

QMax Solutions has been awarded a “Best and Brightest Companies to Work For in the Nation” award.