Upstream news
Enverus acquires geological well datasets from Reservoir Visualization
The acquisition of approximately 200 000 datasets quadruples Enverus’ interpreted well log catalogue.
Union Jack Oil says West Newton represents "significant oil and gas discovery"
Evaluation of the West Newton A-2 openhole data has identified an estimated gross hydrocarbon column of approximately 65 m in the Kirkham Abbey formation.
Neodrill to bring well foundation technology to US and Mexico
The company's CAN technology aims to reduce field development costs and help with wells in difficult seabed conditions.
S-Cube algorithm helps Tullow discover oil in Guyana
The XWI algorithm, which enables data-driven earth model building, helped Tullow Oil to strike oil at the Jethro-1 well earlier this month.
Attis Oil and Gas to provide testing and reporting services for wells in Texas Panhandle
The company will provide regulatory testing and reporting services for 825 wells in the Texas Panhandle, US.
Wood Mackenzie: BP's sale of Alaska business to Hilcorp "will not be the last deal in the region"
The deal makes Hilcorp the second-largest Alaska producer and reserves holder, behind ConocoPhillips.
Weatherford automated connection integrity system achieves 50th run
The Vero system applies artificial intelligence to validate well integrity.
Well Conveyor receives investment from Chevron Technology Ventures, ProVenture and Investinor
The money from this financing round will support the qualification and commercialisation phases for the company’s Slim Battery-powered Conveyor.
China's gas production to double by 2040, says Wood Mackenzie
Production is expected to double from 149 billion m3 in 2018 to 325 billion m3 in 2040.
Noble Energy makes offshore discovery in Equatorial Guinea
The Aseng 6P well was drilled to a total depth of 4417 m and is expected to produce first oil in October 2019.