US upstream news
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.
BP begins production at Gulf of Mexico project
Two new wells tied into the Na Kika platform are expected to boost gross platform production by an estimated 20 100 boe/d.
Petrobras awards NOV and Baker Hughes flexible lines contract
Of the total 448 km of flexible lines required for the Marlim and Voador field revitalisation project, 280 km were contracted with NOV and 168 km with Baker Hughes.
TGS starts new 3D imaging programme in Gulf of Mexico
The programme includes approximately 6175 km2 of reprocessed 3D seismic data from the mature, hydrocarbon-producing areas of South Timbalier, Grand Isle and Ewing Bank.