Drilling & production

The system incorporates a single-section and up to 228 horsepower PMM which can be deployed through smaller 5.5 in. casing.

Tarach-1 well spuds.

The figures show that oil production is above the NPD’s initial prognosis for the month.

The first order is expected to be supplied in October.

Weatherford’s single-run reaming operation saved 52 hours of rig time.

Aker Solutions has secured an agreement to provide maintenance and other services for subsea facilities at Petrobras-operated oil and gas fields offshore Brazil.

Natural gas production reached a record high level of 79 billion ft3/d, an increase of 5% from 2014.

Growth in global oil demand will ease to around 1.2 million bpd in 2016, below the 1.8 million bpd expansion of last year.

The workshop event, on Tuesday 26th April at the Hilton Treetops in Aberdeen, will use state of the art simulators to run a series of pressure control exercises.

GlobalData forecasts production closer to 5 million bpd by 2020.

Company activity in Venezuela is to be reduced to align operations with cash collections.

The Huldra field is a gas and condensate field on the Norwegian Continental Shelf, North East of Bergen.

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wells 30/11-12 S and 30/11-12 A in production licence 035.

Natural gas is eating in to crude's key advantages, which will have significant implications for both the petroleum and the natural gas market.

FieldPulse software is designed to proactively optimise production across entire fields.