Drilling & production

Po Valley Energy has announced that testing of the primary production layers from the Bezzecca well east of Milan, Italy, is complete.

Looking at the recent evolution of oil production in the Lower 48 states (excl. Gulf of Mexico), Rystad Energy observes a continuous expansion, with a 430 000 bpd growth from December 2016 to May 2017.

The enhanced TR-630 automated test rig from RED Engineering is designed to provide improved qualification testing of industrial technologies in simulated environmental conditions.

TDI-Brooks International Inc. has been selected to perform three site surveys and an Environmental Baseline project in the Caribbean.

There is mounting evidence that, in line with the improving fortunes of the upstream oil and gas industry, deepwater fields are back in play on the global stage, and more competitive than ever.

“Eni has markedly improved its financial and operational performance in 1Q17,” commented Claudio Descalzi, CEO of Eni.

The well, located in Grady County, OK, has achieved a record total vertical depth of 19 245 ft.

Chris Buckley, renowned engineer and former vice president at Weir Oil & Gas, has launched Houston-based ST9 Gas + Oil.

The acquisition is set to enhance Rubicon’s well construction portfolio and completion solutions.

The system uses pressure pulse telemetry to channel wireless communication between a well’s downhole monitoring and control system and the wellhead.

The company's new software offering leverages advanced analytics and the 'Internet of Things'

Tendeka’s PulseEight system uses unique pressure pulse telemetry to channel wireless communication between a well’s downhole monitoring and control system and the wellhead.

Wood Mackenzie has highlighted how the absence of major Asian companies from the US tight oil boom needs to change.

Po Valley Energy has reached a conditional agreement for United Oil & Gas to earn a 20% stake through a 2 for 1 farm into Po Valley’s Podere Gallina licence.

DEME has been awarded several new contracts in Africa with a total value of approximately €125 million.