Upstream drilling news
Eni makes oil discovery offshore Angola
The new discovery, in Block 15/06, is estimated to contain up to 250 million bbls of light oil in place.
Union Jack Oil announces 2018 results
Union Jack Oil’s revenue increased by 250% in 2018, standing currently with a cash balance in excess of £2.5 million.
BHGE introduces low-pressure-impact drilling fluid
Baker Hughes, a GE company, has announced the introduction of its DELTA-TEQ™ low-pressure-impact drilling fluid.
Rystad Energy ranks the cheapest sources of supply in the oil industry
In a major turnaround, North American tight oil is emerging as the second cheapest source of new oil volumes globally, just shy of the Middle East onshore market.
Caspian Sunrise gives update on BNG Contract Area, Kazakhstan
The board of Caspian Sunrise has provided an update on developments at its flagship BNG Contract Area.
Schlumberger introduces continuous resistivity look-ahead-while-drilling service
IriSphere look-ahead-while-drilling service reduces drilling risks and improves efficiency by providing data ahead of the bit in real time.
Halliburton releases new scalable managed pressure drilling system
Halliburton Company has released Flex™ Managed Pressure Drilling System (MPD), a scalable and mobile technology that can be configured to address specific operator challenges and improve rig efficiency.
Update on Angus Energy’s operations at its Brockham well site
The BRX4Z sidetrack at Angus Energy’s Brockham well site has been successfully re-perforated.
Qatar Petroleum awards contract for 8 offshore drilling rigs for North Field Expansion Project
Contracts for six of the eight rigs were awarded to Gulf Drilling International (GDI), while the contracts for the remaining two rigs were awarded to Northern Offshore Drilling Operations Ltd.
QMax Solutions receives employment award
QMax Solutions has been awarded a “Best and Brightest Companies to Work For in the Nation” award.