Weatherford: Launches Magnus Rotary Steerable System
Weatherford International plc today announced the commercial release of the http://www.weatherford.com/raptor2.0 Magnus rotary steerable system, which combines reliable, high-performance drilling with precise directional control. The push-the-bit tool is designed for deployment in nearly any drilling scenario, including high doglegs. -Rugged, Push-the-Bit Design Delivers Cost-Effective Wellbores Experience the interactive Multichannel News …
NOVATEK Announces Consolidated IFRS Results for the First Quarter 2018
PAO NOVATEK today released its consolidated interim condensed financial statements as of and for the three months ended 31 March 2018 prepared in accordance with International Financial Reporting Standards (“IFRS”). IFRS Financial Highlights (in millions of Russian roubles except as stated) 1Q 2018 1Q 2017 Oil and gas sales …
Acoustic Data Closes US$8m Investment From Energy Growth Momentum
Acoustic Data, a global leader in wireless well technology, announced today that it has closed an US$8m investment from Energy Growth Momentum (EGM), a London-based growth capital investor within the energy sector. The funding will allow Acoustic Data to scale operations and grow its team in order to capitalise on …
TMK Hosts US Industry Standardization Representatives
TMK, one of the world’s leading producers of tubular products for the oil and gas industry, held a working meeting with representatives from US industry standardization organisations – the American Petroleum Institute (API), the American Society for Testing and Materials (ASTM International), and the American Society of Mechanical Engineers (ASME). At the …
Rubicon Oilfield: ResonATOR X3 Reduces Downhole Friction
The ResonATOR X3 reduces downhole friction in directional drilling applications, yielding an increased rate of penetration, improved directional control, and reduced stick-slip. We’ve alleviated these downhole drilling challenges by adding a carbide coated hydraulic rotating valve and eccentric mass on the end of the multi-stage power section that creates both …
Probe’s RADii Segmented Cement Bond Tools Accurately Measure and Map the Quality of Cement Behind Casing in Oil and Gas Wells
The RADii™ Segmented Cement Bond Tool uses a single ceramic transmitter, an eight or sixteen segment receiver at 3 ft. and a single receiver at 5 ft. spacing. The segmented receiver generates a cement map which enables identification of cement channeling, while the single receiver generates the traditional cement bond …
Tendeka: Appoints Paul Lynch as Advanced Completions Director
Global oil and gas solutions provider Tendeka has appointed Paul Lynch as its new Advanced Completions Director to help drive the commercialisation of its wireless intelligent completions technology, PulseEight. Paul has more than 20 years’ experience in the oil and gas sector. He joins Tendeka having most recently been vice …
Archer Launches New Acoustic Listening Platform for Unrivalled Well Integrity and Performance Evaluation
VIVIDTM Acoustic Listening Platform and Ultra-High Sensitivity Sensors to Play Key Role in Casing and Completion Evaluation, Cement Performance Evaluation and Turbulent Flow Analysis Archer, a global oil services company and well integrity specialist, has launched the VIVIDTM acoustic listening platform — a patented, highly sensitive, acoustic technology that detects, investigates and locates …
CGG Announces the Appointment of Sophie Zurquiyah as Chief Executive Officer & the Cooptation of Two New Board Members
Following the press release from December 4, 2017 in which CGG announced the launch of a new CEO, to replace Mr Jean-Georges Malcor, who has decided not to pursue his mandate once the restructuring process is completed; the Board of Directors, after its March 23 meeting, announces the appointment of …
New addition to DNV GL’s Veracity Platform Promises to Raise Drilling Efficiency by Offering Digital Solution Based on Data from 80,000 Wells
DNV GL will add a new third party software solution to Veracity, its open industry data platform, that is based on cleaned data collected from 80 000 oil and gas wells. AGR, the leading well design and drilling project management firm, has agreed to host its iQx software on the platform, …