Service Companies & Manufactures

Dynamus bit reduces damage risks to the bit and BHA. Baker Hughes Incorporated announced today the commercial release of its Dynamus™ extended-life polycrystalline diamond compact (PDC) drill bit which can significantly reduce drilling costs by eliminating trips to replace bits or bottomhole assembly (BHA) tools that wear out in high horsepower drilling …

Emerson Automation Solutions launched the Roxar Salinity Measurement System for the sensitive, accurate and real-time measurement of saline water in gas production well streams at the Offshore Technology Conference (OTC) in Houston this week. Through the new system, operators can instantly identify changes in the flow stream and the smallest …

The CEO of Munich-based Wacker Neuson SE, Cem Peksaglam, is leaving the company. The CEO of Wacker Neuson SE, Mr. Cem Peksaglam (49), has informed the Supervisory Board that, following the successful realignment of the Group’s strategy, he does not intend to renew his contract as he has decided to …

Baker Hughes Incorporated announced today the introduction of its DEEPFRAC™ deepwater multistage fracturing service, which can save operators hundreds of millions of dollars in offshore developments through unprecedented efficiency gains across the completion phase. Using multiposition sleeves and patented flowback control technology, the service accelerates or eliminates certain steps of …

Noble Energy, Inc. tested the torque capability of the TenarisHydril Wedge XP™ connection during rotating while cementing in the Rockies Connections for extended reach laterals and severe doglegs Noble Energy was facing the challenging drilling conditions of the Niobrara shale in the Rockies region of Colorado. Anticipated difficulties included long laterals and potentially severe …

TenarisHydril Wedge XP™ connections offered outstanding torque capability and improved running performance in two mature fields in Argentina. A new solution YPF, the National Argentine oil and gas company, wanted to promote reliability and reduce risks in two drilling with casing operations in mature fields in the Argentine provinces of Santa Cruz and Mendoza. …

Tenaris has developed a new threaded and coupled connection, the latest of its renowned TenarisHydril Wedge series, that offers high torque perfomance and superior runnability for shale applications. The TenarisHydril Wedge XP™ connection provides exceptional over-torque performance needed in many production strings typically used in horizontal shale wells. The connection’s torque …

Tenaris will be highlighting the upcoming startup of its seamless pipe mill in Bay City, Texas, and the launch of the new TenarisHydril Wedge XP™ connection to serve the shales at the Offshore Technology Conference (OTC), May 1-4 at NRG Park. Stop by booth #3114 to learn more about the …

Q1 2017 Earnings Release, with Financial Tables (117 KB PDF) (To view PDF files, get Adobe Acrobat Reader.) Schlumberger Announces First-Quarter 2017 Results Revenue of $6.9 billion decreased 3% sequentially GAAP EPS, including Cameron integration charges of $0.05 per share, was $0.20 EPS, excluding Cameron integration charges, was $0.25 Cash flow from …

TMK, one of the world’s leading producers of tubular products for the oil and gas industry, shipped the first batch of casing pipe with TMK UP MAGNA premium threaded connections and GreenWell lubricant-free coating to LUKOIL. The pipes were successfully sunk at the Y. Kuvykin field in the Caspian Sea with TMK …