US upstream news
EIA: US crude oil production efficiency increased only in Bakken region in 2020
In 2020, US initial crude oil production per well, or well production efficiency, increased significantly in the Bakken region, according to the U.S. Energy Information Administration’s Drilling Productivity Report.
TechnipFMC and Halliburton subsea fibre optic technology receives OTC award
The Odassea service integrates hardware and digital systems to strengthen capabilities in subsea reservoir monitoring and production optimisation, and has been selected by ExxonMobil for its Payara development project in Guyana.
Dry well drilled offshore Guyana
The Jabillo-1 well drilled by ExxonMobil in the Canje Block, offshore Guyana, did not show evidence of commercial hydrocarbons.
GlobalData: higher investment needed for Bakken Shale to exhibit full recovery
According to GlobalData’s latest report, ‘Bakken Shale in the US, 2021 – Oil and Gas Shale Market Analysis and Outlook to 2025’, Bakken Shale accounted for a mere 11% of oil and 2.8% of natural gas production in the US Lower 48 for 2020, which is a drop from 12% for crude oil and 3% for natural gas in 2019.
Stratagraph acquires Technical Drilling Services
The acquisition will complement Stratagraph’s existing portfolio by adding nearly 20 mud logging units to the company’s fleet.
Wyreline Transformation acquires assets from Louisiana-based company
The purchase from the unnamed company included 11 wireline trucks, eight offshore wireline skid units, four cranes, pipe recovery equipment and cased hole logging tools.
API creates new climate reporting template for industry
The template aims to provide a consistent and uniform set of core greenhouse gas indicators to enable greater comparability in climate-related reporting.
Global Compression Services opens new facility to serve Marcellus shale market
The new facility is part of the company’s planned expansion into the northeast (Marcellus and Utica) market.
APT sets up Houston office
Applied Petroleum Technology has ramped up its presence in Houston to support US operators involved with shale oil as well as companies engaged in offshore E&P in the Gulf of Mexico.
Production starts at LLOG's Praline field
The Praline field is located in Mississippi Canyon Block 74.