Upstream news

Oil prices have fallen as Covid-19 continues to spread in the US.

Designed to provide real time pressure and temperature data anywhere in the well, the Instrumented Tubular Plug has been qualified for use on high pressure high temperature wells.

Equinor and its partners have signed a letter of intent with Odfjell Drilling for the Deepsea Atlantic rig to drill 12 wells during phase 2 of the Johan Sverdrup field development.

TSG Marine is deploying a rapid sanitisation system which not only renders a workplace virus-free but the unique molecular layer, when applied to surfaces, kills all viral, bacterial, mould and organisms for up to 30 days.

The Mahalo gas project in Queensland, Australia, is held 40% by Comet Ridge, 30% by Santos and 30% by APLNG (where Origin Energy is the development operator).

The primary objective of the agreement is the potential acquisition of an onshore oil production licence last producing at a rate of approximately 300 bpd from the Mengo formation as recently as 2019.

Andrew Lewis and Bruce Karr, Fairfield Geotechnologies, USA, consider the emerging role of multi-client seismic data in unconventional asset development and exploration.

Equinor has, on behalf of the licence partners, awarded Apply a framework agreement for engineering and installation services on the North Sea Statfjord field.

After seeing a recovery in service costs and an increase in activity over the last few years, the 2020 market volatility will again challenge the short-term demand for many oil field service products and solutions.

ABB to deliver complete electrical, control and telecommunication solutions to drive efficiency and productivity for a new floating production, storage and offloading (FPSO) vessel.