Halliburton’s Gravel Pack Technology Expected To Increase Economic Profitability In Peregrino Field
A multilateral well with dual wellbores can provide more than double the reservoir exposure of a conventional well and therefore be viewed as a replacement for not one but two conventional wells. Halliburton is adapting its Liner Conveyed Gravel Pack system to multilateral gravel packing operations in conjunction with a Halliburton Level 5 FlexRite® gravel …
National Oilwell Varco and Ameron Announce Closing of Merger
National Oilwell Varco (NYSE: NOV) and Ameron International Corporation (formerly NYSE: AMN) announced today that NOV has completed its acquisition of Ameron in a merger transaction valuing Ameron at approximately $777 million. The merger was first announced on July 5, 2011. Pete Miller, Chairman, President and CEO of NOV, remarked, …
WITSML Version 1.4.1 Has Been Published
Energistics and the WITSML Special Interest Group (SIG) are pleased to announce that Version 1.4.1 of the WITSML Standard has been published. It is recommended that future implementations and upgrades of current implementations utilize this version of the standard. The new schemas and API specification may be downloaded from the …
Exillon Energy Strikes Oil at EWS I – 43
Exillon Energy plc, a British listed independent oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce that well EWS I – 43 successfully found oil on the south-eastern part of the East EWS I field. EWS …
Caterpillar Introduces Increased Power and Updated Electronic Controls for C280-16 Generator Set for Offshore Applications
Caterpillar today announced the release of the new Cat® C280-16 generator set with 10 percent increased power. The C280-16 60 Hz generator set is now available at 5359 ekW, 900 rpm and features numerous electronic upgrades. This increased power provides industry-leading power density while maintaining its proven reliability and durability …
HALLIBURTON ANNOUNCES COMPLETION OF MULTI-CHEM ACQUISITION
Halliburton announced that it has completed the acquisition of Multi-Chem Group LLC. Initially announced in September, the acquisition further strengthens Halliburton’s total offering while improving its competitiveness in a rapidly expanding global business. Multi-Chem is the fourth-largest provider of production chemicals in North America, delivering specialty chemicals, services and solutions …
Integra Group completes the acquisition of SIAM Company
Integra Group announced that it has closed the deal on acquisition of SIAM Company (SIAM), a leading Russian oilfield services company specializing in wireline and slickline services, production logging and testing. Integra paid RR2.2 bln (US$71 mln) which was financed by a combination of internal cash resources and use of …
Western Well Tool Inc. has officially changed its name to WWT International Inc
Western Well Tool Inc. has officially changed its name to WWT International Inc., Clive Mitchell, director of sales and operations, announced today. “The name ‘Western Well Tool, Inc.’ has served us well for many years,” Mitchell stated. “We’ve worked hard to make our name synonymous with outstanding products and responsive …
PetroKamchatka Plc Reports Financial Results for the Year Ended May 31, 2011
PetroKamchatka Plc a Jersey company, reports its audited financial results for its year ended May 31, 2011. PetroKamchatka has filed its Consolidated Financial Statements for the year ended May 31, 2011 and its Management’s Discussion and Analysis (“MD&A”) on www.sedar.com and on its website at www.petrokamchatka.com. Selected financial information as …
SOCAR – New well commissioned at Oil Rocks field
The well #1846, drilled from the platform #1887, at the Oil Rocks field has been commissioned recently. It was drilled by Bayil Limany Offshore Exploration Drilling Office of the Complex Drilling Works Trust. The daily production of the well drilled in the Girmaki Suite showed 12 tons of oil from …