US upstream news

Peak’s advanced flow control products and well intervention solutions will help expand Schlumberger's Production Services portfolio.

Cooper Energy Limited reports that Worrior-11, an oil development well located in PPL 207 in the Cooper Basin, South Australia, has been cased and suspended after reaching a total depth of 1669 m.

Statoil plans to drill around 30 exploration wells in 2017, an increase of around 30% compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS).

The board of directors has reached an agreement with Rex W. Tillerson, former chairman and CEO, to sever all ties with the company to comply with conflict-of-interest requirements associated with his nomination as secretary of state.

Halliburton has announced the release of Cruzer™ depth-of-cut rolling element, an innovative drill bit technology designed to increase tool face control without reducing drilling efficiency.

The past year has undoubtedly been one of the toughest for the oil and gas industry in recent memory. Douglas-Westwood consider three key themes that could shape the industry over the year ahead.

Jennifer I. Ansberry has been named his successor and will take over from April 2017.

How changing umbilical and cable designs support cost-effective deepwater production, by James Young, at JDR.

US crude oil proved reserves declined by 4.7 billion bbls and natural gas proved reserves declined by 64.5 trillion cubic feet.