Service Companies & Manufactures

•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, …

Schlumberger announced today that it will open source its data ecosystem and contribute to The Open Group Open Subsurface Data Universe™ (OSDU) Forum to accelerate the delivery of the OSDU Data Platform. Schlumberger’s data ecosystem is based on core components of the DELFI* cognitive E&P environment. Oil and gas companies …

CADMATIC Ltd has acquired Finnish software company Kymdata Ltd. The strategic acquisition expands CADMATIC’s product portfolio and includes the entire share capital as well as IPRs to all Kymdata’s CADS software and its business agreements. The acquisition increases CADMATIC’s estimated turnover to EUR 28 million. With the addition of Kymdata’s …

Forum Energy Technologies, Inc. announced today that its subsidiaries have entered into a definitive agreement to sell their aggregate 40% interest in Ashtead Technology, a subsea rentals company. Total consideration for Forum’s interest and the settlement of a Forum GBP 3 million loan to Ashtead will be $47.8 million. Forum will receive approximately $39 million in cash proceeds …