Texas upstream news
Pioneer Natural Resources to reduce 2020 capital spending
The company has reduced its drilling, completion and facilities capital budget by approximately 45%.
ExxonMobil aiming to "significantly" reduce spending
The company is aiming to reduce spending as a result of market conditions caused by the Covid-19 pandemic and commodity price decreases.
OTC 2020 postponed
The event, due to be held in May in Houston, Texas, has been postponed to the third quarter of 2020.
SPE/ICoTA Well Intervention Conference and Exhibition cancelled due to Covid-19
The event was due to be held in The Woodlands in Texas, US, from 24 - 25 March.
Stress Engineering launches digital flex joint angle monitoring system
The system is for monitoring real time drilling operations.
EIA: US natural gas production increased by 10% in 2019
US natural gas production grew by 9.8 billion ft3/d in 2019, a 10% increase from 2018, according to the US Energy Information Administration.
Logan Industries to provide condition-based monitoring for Diamond Offshore’s wireline tensioners
Logan will provide turn-around upgrade and repairs to a fleet of wireline tensioners onboard five active drilling and completion vessels.
Kosmos Energy announces 4Q19 and full year 2019 results
The company generated a net loss of US$36 million in 4Q19.
Halliburton launches streaming unconventional well test data retriever
The SPIDRlive™ Self-Powered Intelligent Data Retriever is an unconventional well testing and fracture interaction monitoring technology that acquires real time well data without the need for intervention.
Trendsetter reaches safety milestone
The oil and gas service company has reached 1 000 000 consecutive working hours without a recordable incident.