Drilling & production

Petroteq management is confident that operational costs and related discounts will be much lower than the discount on Canada's heavy crude, which reached a nearly five-year high last week.

The importance of the project was highlighted by the attendance of several high-level officials, including HE Jabbar Al-Luaib, the Minister of Oil of Iraq, at the agreement-signing ceremony.

Pathfinder Field’s contingent resources increases to 540 billion ft3 of gas & 54 million bbls of oil

Secured under a long-standing master services agreement, this latest contract extends Wood’s 35-year relationship with Woodside across their asset portfolio.

It will be the first major rig refurbishment completed at HENDERSON’s new service centre and rig yard at 6750 Bender Road in Houston, Texas.

New ‘real-time’ technology expands convenience, flexibility and fidelity of powerful well system diagnostics for oilfield customers.

Stena Drilling has teamed up with advanced simulator developer and manufacturer, Drilling Systems to combine competency assessment and coaching in-the-field with the On-The-Rig (OTR) simulator.

BP Exploration Operating Company Limited (‘BP’) has exercised the one-month option to extend the charter of the Safe Caledonia. Total value of the option is US$2.4 million.

Established in 2011, Ridge specialises in the provision of engineering and consultancy services in the subsurface, drilling & wells, subsea and facilities disciplines mainly in the Norwegian North Sea.

This milestone also represents a major achievement for Aberdeen based Enpro Subsea as it is the first of multiple deployments by LLOG of their patented Flow Access Module (FAM) technology.

Stable implied daily pumped rates of 401 and 414 bpd of dry 36 API oil were recorded over two periods of 6 and 2 hours respectively.

Carnarvon Petroleum Limited has provided the following update on the drilling of the Phoenix South-3 (PS-3).

Anglo African Oil & Gas plc, an independent oil and gas developer, has provided an update on its planned multi-horizon TLP-103 well to be drilled at the company's Tilapia licence in the Republic of Congo.

Conrad Petroleum Limited has completed a preliminary internal estimate of 2C Contingent Resources of 373 billion ft3 based on gas sales to be sold within the Duyung PSC term of the full Mako Gas Field.

A German energy supplier had initially used a geological horizon for gas storage, but then decided to extract crude oil from the same deposit. NETZSCH Pumpen & Systeme GmbH offered a progressing cavity pump system designed to meet the unique challenges of the development.