Upstream news
Halliburton launches borehole imaging technology
The StrataXaminer tool delivers high-resolution images of the reservoir structure to identify bedding, fracture patterns, fault zones and potential flow barriers with increased accuracy.
Gardner Denver recognised in 2021 Oilfield Products Customer Satisfaction Survey
Overall, Gardner Denver was placed in the top five performing companies in the survey, conducted by EnergyPoint Research.
ADM Energy completes purchase of controlling stake in Barracuda field
The company is targeting first oil of 4000 bpd from the field, offshore Nigeria, in 2H21.
Seawater tests prove value of new filtration products in combating biofouling
Working with a global energy producer, UK manufacturer Amazon Filters held a series of successful tests of its recently launched SupaSpun KilBac and SupaGard Kilbac filters.
CGG delivers data from Agata block reimaging for Brazil’s 7th bidding round
The reimaged seismic data set, covering over 9300 km2, will be accessible to oil and gas companies wishing to evaluate acreage and assess the potential of the Agata block in the Santos Basin.
ExxonMobil makes discovery in Stabroek Block offshore Guyana
The Uaru-2 discovery will add to the gross discovered recoverable resource estimate for the block, which is currently estimated to be approximately 9 billion oil-equivalent barrels.
Oil production in Alaska reaches lowest level in more than 40 years, reports US EIA
Last year's production was over 75% less than the state’s peak production of more than 2 million bpd in 1988.
Ardyne and Dynasty Energy Services form strategic alliance
The exclusive partnership will enable easier access to downhole technologies from both companies.
Oil prices rise on hopes OPEC+ may address Indian demand destruction
Oil prices are ticking up today on trader hopes that OPEC+ may address India’s demand destruction with supply policy amendments in its coming meeting.
BP reports profit in 1Q21
BP has reported a profit of US$2.6 billion in 1Q21.