Upstream news

The well is being drilled by KCA Deutag, with final depth of around 4700 m expected to be reached in June this year.

The Uaru field development award marks Strohm’s largest order.

Each participant in the SoG Training Courses will gain expertise in functionality tests, best practices, configuration, troubleshooting, certificate of attendance and compliance.

Assets to be acquired include production from over 1230 horizontal wells, 157 line of site wells, and 44 permitted wells all in the core of the Haynesville Shale.

The company has successfully completed the assessments of the requirements for API 16AR repair and remanufacturing of drill-through equipment at its manufacturing facility in Hempstead, Texas.

According to the company, upstream oil and gas companies made big strides in 2022, restoring confidence and repairing balance sheets.

In 2023 the company plans to participate in 25 exploration wells, most of them around existing infrastructure.

The companies have announced their partnership to bring high horsepower, lower emissions technology to hydraulic fracturing.

The systems will be deployed across two of OceanPact’s vessels to support inspection, repair and maintenance services for Petrobras' oilfields.

The project, supported by industry funding, is expected to complete by the end of 2023, with fast-track products available by June.