US upstream news

The two full length strings of DualLink, a next generation wired drill pipe, are due to be manufactured in Norway, starting in 2021 for use on Nabors rigs in US land applications.

The seven-figure deal will see Sparrows’ Houston team deliver crane inspection, maintenance, testing and repair services at two onshore facilities and a platform in the Gulf of Mexico.

Rystad Energy analysis shows that the world’s top oil and gas employer, China, lost only 5.3% of its massive workforce. The toll in the US was more devastating, estimated at 11.1%, thereby faring worse than its European peers and Russia.

The company will be owned 50-50 by Baker Hughes and Akastor and will be managed from current offices in Houston, Texas, US, and Kristiansand, Norway.

US natural gas production — as measured by gross withdrawals — averaged 111.2 billion ft3/d in 2020, down 0.9 billion ft3/d from 2019.

The contract covers the Khaleesi/Mormont and Samurai fields in the US Gulf of Mexico.

The SABER Tool uses internally directed pressure differentials to steer from the drill bit face, delivering true 'at-bit' geosteering.

Oil prices started the week boosted by the US stimulus bill that the US House of Representatives passed but a risk of bearish developments could trim gains going forward.

The company's Future Energy Fund II is focused on technologies that have the potential to enable affordable, reliable and cleaner energy.

The new GD 2500Q Heavy Duty Frame (HDF) quintuplex pump is designed to extend pump service life through an optimised power end frame design.