US upstream news

FairfieldNodal has announced an exclusive alliance with Ikon Science, an industry leader in geoprediction software sales and services, to offer complete reservoir services to the oil and gas industry.

The AMT features a modular back-end platform that offers the flexibility to customise the vehicle to suit a range of environments, from urban construction projects to extreme off-road jobsites.

Advanced technology that provides consistent analysis of mud properties during the drilling of oil and gas wells will be showcased for the first time at the AADE (American Association of Drilling Engineers) National Technical Exhibition and Conference.

Hybrid coiled tubing services combine diagnostic and intervention capabilities in a single trip downhole.

Subsea 7 has announced the award of a large contract by BP as part of the deepwater Mad Dog 2 development, located approximately 190 miles south of New Orleans.

EPCI contract includes supply of subsea production system.

Sacgasco Ltd has significantly strengthened its asset base in the Sacramento Basin, California, through the acquisition of five additional operated natural gas wells from various private Californian entities.

Marathon Oil Corporation has announced it has signed an agreement to sell its Canadian subsidiary, which includes a 20 % non-operated interest in the Athabasca Oil Sands Project (AOSP), to Shell and Canadian Natural Resources Limited for US$2.5 billion in cash.

The Horseshoe-1 and 1A wells drilled during the 2016-2017 winter campaign confirm the Nanushuk play as a significant emerging play in Alaska’s North Slope.

A review of the employment environment in the energy sector by Petroplan has found that, despite a major contraction in the value of the energy employment market over the past two years, global oil prices are now around the level where demand for talent looks set to pick up again.