TGS and EnergyIQ Announce Collaboration to Launch EIQ TGS Data Loader
TGS, a leading provider of multi-client geoscience and engineering data for Exploration & Production companies, today announced the EIQ TGS Data Loader, developed in collaboration with EnergyIQ. Now, companies can automatically blend industry leading data with proprietary customer data in an enterprise well master data management platform for advanced analysis …
Halliburton Releases Oil & Gas Industry’s First 3D Logging-While-Drilling Technology
New visualization enables precise geosteering and accurate well placement Halliburton Company today introduced 3D reservoir mapping, a new logging-while-drilling (LWD) capability that provides a detailed representation of subsurface structures to improve well placement in complex reservoirs. 3D inversion, an advanced reservoir mapping process, reveals overlooked features such as faults, water …
Parker Drilling Announces Retirement of President and CEO Gary Rich
Parker Drilling Company today announced that Gary Rich has decided to retire from his roles as President, Chief Executive Officer, and Director of Parker Drilling later this year. Rich plans to remain in his current roles for an interim period to support a smooth transition. The Board of Directors will …
KCA Deutag’s Land Operation Wins $168m of New Drilling Contracts in Russia
Global drilling and engineering contractor KCA Deutag (“KCAD”) is delighted to announce that its land drilling operation has won three new contracts in Russia worth approximately $168m. These contracts are for eight high performance land rigs, seven of which were previously built by Bentec, KCAD’s rig and oilfield equipment manufacturer. The …
Zhakyp Marabayev, COO of JSC NC KazMunayGas, to Deliver Keynote at KDR 2019
The 5th Annual KDR Well Engineering Forum We are celebrating the 5th Anniversary of the KDR on the 12th September with the largest number of delegates to date, keynote speeches from leading industry figures and panel sessions focussing on drilling, completion, well integrity, workover and production enhancement. Can you afford …
Total E&P Congo successfully deploys the World’s First Cementless Completion using Welltec® Annular Isolation (WAITM) – Metal Expandable Annular Sealing Technology
Welltec®, a world leader in the development of innovative well intervention and well construction solutions, is pleased to announce the first deployment of a truly cementless completion in the Republic of Congo during the second quarter of 2019. Building on the experience gained through the continuous deployment of the Welltec® …
Ensco Rowan plc to Change Its Name to Valaris plc
Ensco Rowan plc announced today that it will change its name to Valaris plc, effective July 31, 2019. Following its name change, the Company’s ordinary shares will trade under the new ticker symbol VAL. The name Valaris was selected following a comprehensive process that included participation from the Company’s employees …
Baker Hughes, a GE Company Announces Date for Second Quarter 2019 Earnings Release and Webcast
Baker Hughes, a GE company (NYSE: BHGE) will hold a webcast on Wednesday, July 31, 2019 to discuss the results for the second quarter ending June 30, 2019. The webcast is scheduled to begin at 9:30 a.m. Eastern Time (8:30 a.m. Central Time). A press release announcing the results will be issued at 6:45 a.m. Eastern …
Weatherford: Receives Court Approval – Can Assess DIP Financing to Support Normal Business Operations
Court Approves Weatherford Interim Access to up to $1.5 Billion in New “DIP” Financing Granting of “First Day Motions” Paves the Way for Weatherford to Continue Operations in the Ordinary Course Without Disruption to Customers, Vendors, Partners or Employees Weatherford International plc, Weatherford International Ltd., and Weatherford International, LLC (collectively, …
Drilling Systems Provides Simulation Systems for Nabors’ New Training Centre in Kazakhstan
Drilling Systems, part of the 3T Energy Group, was selected to provide its very latest DrillSIM drilling simulators to Nabors, one of the world’s largest onshore drilling contractors, for use at Nabors’ new state-of-the-art training centre located in Kazakhstan. With seven training centres strategically located around the world, Nabors has …