TGS Announces New Multi-client 2D Survey in Labrador Sea
TGS has commenced a new 22,000 km multi-client 2D survey offshore Newfoundland in the Labrador Sea in partnership with PGS. The new seismic data is being acquired by the M/V Sanco Spirit and utilizes the PGS GeoStreamer® technology. Data acquisition will continue through Q3 2011 and the vessel will return …
Caspian Oil and Gas West Mailisu Well Completion
Caspian Oil & Gas Limited reports that its West Mailisu #2 well has been suspended and the well will be completed with a downhole pump. The West Mailisu #2 well is on Caspian’s 100%-owned West Mailisu licence in the Kyrgyz Republic Central Asia. It was previously reported that an air …
Max Petroleum Commences Drilling at Asanketken
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the ASK-2 exploration well in Block E, targeting Jurassic and Triassic reservoirs with estimated unrisked mean resource potential of 50 mmbo. The total depth of the well …
Caterpillar Introduces Mid-Sized Tier 4 Final Engines for Petroleum Industry
Emissions reductions achieved four years ahead of mandates while maintaining reliability and durability Caterpillar Inc. announces the availability of Cat® C27 ACERT™ and C32 ACERT petroleum engines that meet U.S. EPA Tier 4 Final emissions standards four years ahead of regulatory mandate. Ideal for OEMs who manufacture mid-sized equipment for …
Victoria Oil and Gas, West Medvezhye Project, Russia
VOG’s wholly owned subsidiary, ZAO Sever Gas-Invest (SGI), holds a 20-year Exploitation Licence for West Medvezhye (‘West Med’) covering 1,224 km2. The block is located in the Yamal Peninsula in the Nenets region of Siberia with independently assessed total prospective resources of approximately 1.1 billion barrels of oil equivalent (boe) …
Tethys Petroleum Limited: Kazakhstan KBD01 (Kalypso) Exploration Well Update
Tethys Petroleum Limited today announced the initial logging results of its KBD01 (Kalypso) exploration well drilled in the Kul-Bas block some 50 km north west of the Doris oil discovery. The well has now reached total depth in what is initially interpreted to be rocks of Carboniferous age. Electric logs …
Smith Bits Introduces Next Generation Premium PDC Cutter
ONYX II PDC cutter drills 22% more footage at a higher ROP Smith Bits today announced at the Offshore Europe 2011 Oil and Gas Conference and Exhibition the availability of its ONYX II* premium polycrystalline diamond compact (PDC) cutter. The ability of this cutter to retain a sharp edge enables …
Schlumberger Offers Intervention Services to Industry through SERVCO
Schlumberger today announced at the Offshore Europe 2011 Oil and Gas Conference and Exhibition the combining of its fishing and intervention services, which will be delivered through SERVCO services. The new service organization will offer fishing and pipe recovery, wellbore departure, wellbore abandonment, and thru-tubing well intervention tools and services. …
HALLIBURTON ENTERS INTO AGREEMENT TO ACQUIRE MULTI-CHEM
Halliburton (NYSE: HAL) has entered into a definitive agreement to acquire Multi-Chem Group, LLC (“Multi-Chem”). Founded in 1993, Multi-Chem is a leading provider of oilfield production and completion chemicals and services that address production, processing and transportation challenges. The company has provided chemicals and services to over 30,000 producing oil …
New Isolation Valve Provides Seamless Transition from Well Completion to Production
FORTRESS valve effectively manages debris accumulation in deepwater or harsh environments Schlumberger announced today at the Offshore Europe 2011 Oil and Gas Conference and Exhibition the release of the FORTRESS* isolation valve. The FORTRESS valve simplifies the transition from upper completion to production without the need for intervention. “The FORTRESS …