The oilfield services company is anticipating a rapid reduction in active drilling and hydraulic fracturing activity.
The second phase of the companies' ultra-long offset node project will extend the footprint of ultra-long offset data to the Northern Green Canyon protraction area.
The contract includes the supply of cementing service, wireline services, wellbore fluid services and fishing, milling and swarf recovery services.
The two companies have completed a joint acquisition of the 49% interest held by Schlumberger in the Bandurria Sur onshore block in Argentina’s Neuquén province.
The project work scope covers the engineering, procurement, construction, transportation and installation of a SURF system and associated subsea production systems (SPS).
As part of the initial closing, WIS acquired businesses and assets in 16 countries. Another 9 jurisdictions are expected to close in the coming months pursuant to the terms of the purchase agreement.
OneSubsea will supply vertical monobore production trees and multiphase flowmeters rated up to 20 000 psi.
The partnership will enable the E&P industry to build and deploy their own artificial intelligence (AI) solutions across the full breadth of their upstream workflows.