Service Companies & Manufactures

TGS announced today that it has purchased all the outstanding shares and completed the acquisition of Lasser, Inc., a Fort Worth-based company which provides historical and monthly oil and gas production data. Lasser owns, maintains and licenses a nationwide U.S. well production database. The data will be added to TGS’ …

DNV GL proposes the “Probabilistic Digital Twin” (PDT) to close the gap between digital twins – used increasingly by operators to manage the performance of their assets – and risk analysis still largely conducted manually before assets enter service. A digital twin is a digital “mirror” of a physical asset, …

Schlumberger today introduced the TerraSphere* high-definition dual-imaging-while-drilling service at SPE Offshore Europe Conference and Exhibition. The new service provides the industry’s first application of a logging-while-drilling dual-physics imager for oil-based mud for drilling oil and gas wells. It incorporates electromagnetic (EM) and ultrasonic measurements that enable multiple high-resolution borehole images …

•Provides the ability to cost-effectively rotate pipe during land-based cementing operations • Wireless capabilities reduce risk to rig personnel and help improve efficiency   Halliburton Company unveiled the CommanderTM Full Bore Cement Head, a product that enables rotation and reciprocation of 4 ½ – 6 inch production strings to help …

Weatherford International plc today announced it will showcase its life-of-well innovations at Offshore Europe 2019, Booth 3E 30, Aberdeen, Scotland from September 3-6. Offshore Europe 2019 will serve as a platform to demonstrate each of the Company’s core business segments, including Drilling, Well Construction, Completions and Production. These four areas …

Probe Multi-arm Calipers Deliver Advanced Measurement Quality and Reliability Probe, a leading supplier of cased-hole logging and advanced monitoring technology to the global oil and gas and geothermal industries, today announced the launch of the ProMAC™, a new series of multi-arm caliper tools.   Designed to increase measurement accuracy, reliability and maintainability, …

Vienna, Austria, 29 August 2019–The price of OPEC basket of fourteen crudes stood at $60.16 a barrel on Wednesday, compared with $58.98 the previous day, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), …

Technologies reduce reservoir uncertainty, drive accurate well placement, improve production and reduce cost Halliburton Company today released ten new DecisionSpace® 365 E&P cloud-native applications that leverage advances in digital technology to help operators reduce exploration risk, improve reservoir characterization and boost drilling efficiency. DecisionSpace® 365 is an integrated experience of E&P Cloud …

TechnipFMC today announced its Board of Directors has unanimously approved its plan to separate into two industry-leading, independent, publicly traded companies: RemainCo, a fully-integrated technology and services provider, continuing to drive energy development; and SpinCo, a leading engineering and construction (E&C) player, poised to capitalize on the global energy transition. …

Challenge Having been drilled and completed in April 1997, with 5,5” 23 lbf/ft production tubing, the well was ready for P&A after producing hydrocarbons for almost 22 years. To improve cost efficiency, the aim was to do the job off-line. The requirement was to set a deep plug, cut deep, …