US upstream news

In a major turnaround, North American tight oil is emerging as the second cheapest source of new oil volumes globally, just shy of the Middle East onshore market.

Ashtead Technology has completed its US$2 million investment in a new Houston facility, moving to the city’s Northwest Freeway and Sam Houston Toll way area.

The number of drilled but uncompleted wells in seven key oil and natural gas production regions in the United States has increased over the last two years, according to well counts in the EIA’s drilling productivity report.

The industry body said that the revisions to the Bureau of Safety and Environmental Enforcement Well Control Rule promote safe offshore operations.

The Unitized™ Lock-Ring wellhead features a standardised design for shale plays in the US that accommodates 95% of casing configurations in either 11 in. or 13-5/8 in. nominal sizes.

QMax Solutions has been awarded a “Best and Brightest Companies to Work For in the Nation” award.

The paper will describe a new protector-less technology that provides reliable operation for downhole artificial lift devices, such as Electric Submersible Pumps (ESPs), without a motor protector.

Equinor has strengthened its operated position in the Njord area as a result of the transactions.

The agreement covers Keathley Canyon blocks 642, 643, 686, and 687 and provides for the drilling of a delineation well at Repsol’s Leon discovery.

Gastech has announced its preliminary programme for the 2019 conference taking place at NRG Center in Houston, Texas, 17 – 19 September.