Drilling & production

Chevron has reported adjusted earnings of US$201 million in 3Q20.

Smith Bits, a Schlumberger company, has introduced the StrataBlade* concave diamond element bit.

ExxonMobil has kept its 4Q20 dividend flat at 87 cents a share.

Shell has raised its dividend after easily beating quarterly profit forecasts, and named nine hubs for oil and gas production.

Wintershall Dea has begun drilling the first of six wells on the operated Nova field in the Norwegian North Sea.

EQT Corp. has entered into a definitive purchase and sale agreement with Chevron USA Inc. under which EQT will acquire Chevron's upstream and midstream assets located in the Appalachian Basin for US$735 million.

BP reported a US$86 million underlying replacement cost profit for the three months to 30 September.

ADNOC has awarded contracts worth US$324 million to optimise onshore field operations in Abu Dhabi.

Cenovus Energy has agreed to buy Husky Energy in an all-stock deal valued at CAN$3.8 billion (US$2.9 billion).

BP has started production from the Qattameya gas field in the North Damietta offshore concession.

PDC Energy successfully installed 22 248 ft of 5.5-in. x 20.00 ppf VA-EP-P110 VAtitan-TC in the Ferguson 23G-202 well located in the Wattenberg Field in the Denver-Julesburg Basin.

The Energy Enticer had a safe and successful mobilisation to Qatar Petroleum’s North Field in early September 2020.

CNX Resources have successfully installed 27 361 ft of 5.5” 23# VA-EP-P110-NY VAtitan-TC on the Maj-12 pad in the Pennsylvania Utica Shale.

Stork will provide all daily maintenance and rapid response services as well as deliver engineering, project and turnaround-related services for three onshore production areas in the Netherlands.

NTS Group has acquired Amega West Services from Carpenter Technology Corporation.