Texas upstream news
Noble Corp. sells four jack-up rigs
Ownership of the Noble Roger Lewis, Noble Scott Marks, Noble Joe Knight and Noble Johnny Whitstine as well as employment of the crews has been transferred to a subsidiary of ADES International Holding Ltd.
Halliburton reports 3Q21 profit
Halliburton posted net income attributable to the company of US$236 million, or 26 cents per share, in the 3 months ended 30 September, compared with a loss of US$17 million, or 2 cents per share, last year.
Clariant opens oilfield services centre in South Texas
The new technology, operations and commercial Black Hills site has more than 5000 ft2 of office and networking space, a 3500 ft2 laboratory and an 80 000 ft2 production area.
World’s first fully automated land rig drills first well
The Nabors Industries rig reached total depth on a horizontal well for ExxonMobil in the Permian Basin.
Xodus acquires Ocean Geo Solutions
Ocean Geo Solutions’ current workforce, including geophysicists, cartographers and support staff will continue to operate out of its Houston office.
Baker Hughes’ Subsea Drilling Systems and Akastor’s MHWirth complete merger
The new company will be known as HMH, and Baker Hughes and Akastor will own equal equity.
Cabot and Cimarex shareholders approve merger
More than 99% of Cabot shareholders and more than 90% of Cimarex shareholders were in favour of the merger.
Parker Wellbore launches with plans for expansion into new markets
The company is aiming to expand into new markets, geographies, and sectors to provide advanced subsurface wellbore construction solutions.
Gardner Denver High Pressure Solutions becomes GD Energy Products
Larry Kerr has been appointed CEO of GD Energy Products.
GlobalData: US Lower 48 production is set to exceed pre-pandemic levels
The biggest growth is expected to happen in the Permian Basin, where crude oil and condensate supply is projected to increase by almost 0.90 million bpd from 4.5 million bpd in 2021 to 5.4 million bpd by 2030.