Upstream news

EM&I have produced a series of four ‘Books’ describing new methods for integrated robotic & digital integrity management technologies.

The UK offshore oil and gas industry has delivered stable environmental performance whilst the sector has increased production levels, according to a flagship report published by OGUK.

The company's IFRS figures for 2Q19 were: revenue at US$607 million, OPINC at US$71 million, net income at US$(128) million.

The fire and gas detection systems are to be retrofitted to legacy control cabinets when the rig was first commissioned.

Total company revenue was US$3.434.2 million, while net income was US$97 million, or US$0.21 per diluted share.

The training centre in Perth, Australia, will offer a range of courses, including on managed pressure drilling, stuck pipe prevention and drilling well control.

The deal will open up Caspian market opportunities for SA Equip.

Production resumed on 11 July and since testing began the well has produced at an average rate of approximately 360 boe/d (295 bpd plus 390 million ft3/d).

The discovery in the main reservoir is currently estimated to contain between 5 and 25 million bbl of oil in-place. It has not yet been concluded if the discovered oil is commercial.

Delegates at URTeC 2019 have been warned that rapidly rising production in the Permian Basin has led to soaring levels of associated gas, outpacing pipeline infrastructure and placing increasing slowdown pressure on other production streams like crude oil and NGLs.