GeoVolve HAMMER, powered by HydroVolve’s field proven INFINITY engine, uses percussive impulse energy to fracture the rock ahead of the drill bit, enabling deep drilling into hot, hard rock easier and faster.
Halliburton has reported an adjusted net income of US$320 million in 4Q21, double that from a year earlier, prompting the oilfield services company to lift its dividend following a rebound in crude and natural gas prices.
Anders Arefjord, Founder & Business Development, FourPhase, explains why opportunities presented by remote and automated operations mean that a real window for change in solids management has opened.
The Theta West #1 well on Alaska's North Slope is targeting two primary targets which combined are estimated by the company to contain 12.1 billion barrels of oil in place with an estimated 1.4 billion barrels of recoverable resource.
The contract, which is worth US$$300 000 (£225 000), is expected to take between four and six months and is scheduled to be completed in 1Q22.
The JV will see the creation of an OCTG 130 000 ft2 threading plant in Nashik, India, targeted to be operational by the end of 2022.
Will Scargill, Managing Energy Analyst at GlobalData, estimates that ExxonMobil's scope 3 emissions will increase by around 15% over the next five years.
Drilling operations have been completed on the Anchois gas project within the Lixus licence, offshore Morocco.
Valaris has been awarded two one-well contracts by Murphy Oil Corp. for semisubmersible VALARIS DPS-5.
The net zero aspiration applies to Scope 1 and Scope 2 greenhouse gas emissions.
Wintershall Dea holds participating interests in a total of nine exploration licences in Brazil, spread over the Potiguar, Ceará, Campos and Santos basins.
The jack-up rig Maersk Reacher is to be replaced by the low-emission jack-up rig Maersk Integrator offshore Norway end-February/early March 2022.
Demand for shuttle tankers in countries with robust offshore oil production and limited pipeline infrastructure is set to grow continuously in the coming years, a Rystad Energy report shows.
The Adorf Z16 well is expected to increase Neptune’s production from the licence to around 4000 boe/d.
The first two wells of Beach Energy's offshore Otway Basin campaign have been connected to the Otway Gas Plant and are now delivering gas into Australia's East Coast market.