Offshore & subsea - 18 March 2016

Dan Purkis of Well-SENSE Technology collected the prestigious Significant Contribution accolade.

GroundMetrics Inc. has run a successful test in a West Texas oil well that was able to observe where proppant propagated through the subsurface during a hydraulic frac.

The tool was able to save 60% on casing centralisation.

Statoil delivered annual equity production of 1.971 million bbls of oil equivalents per day in 2015, an increase of 2% from 2014.