Tendeka: High Performance Water Swelling Elastomers Save Time and Money in the Bakken
The combination of shale and dolomite in the Bakken and Three Forks formations, and the presence of vertical to sub-vertical natural fractures make open-hole multi-zone completions an effective solution in this play. Swellable packers are used for stage isolation and the cost of a failed packer is one stage of …
Northern Offshore: Negotiates 9 Month Delay of New Construction Jackup Deliveries
Northern Offshore, Ltd. today announced it has negotiated a nine (9) month delay in the deliveries of its high specification jackups, Energy Engager and Energy Encounter from a shipyard in China. The new delivery dates for these units are December 2016 and June 2017 respectively. President and CEO Gary Casswell commented “We sincerely …
Eurasia Drilling and Schlumberger: Merger Update – Deal Extended to 30th April
Eurasia Drilling Company Limited announces that Schlumberger B.V. (“SLB”) and the Company are continuing to cooperate with the Russian Federal Anti-Monopoly Service (“FAS”) and the Commission on Foreign Investment in relation to the proposed merger between the Company and EDC Acquisition Company Limited (“EACL”) and the related transaction with SLB. …
Magma Global: Calash’s Independent Review of Magma’s m-pipe®
Magma Global is the manufacturer of m-pipe®, a carbon fibre PEEK pipe designed and manufactured to be the world’s most reliable subsea pipe for a wide range of exploration and production applications. Magma commissioned an independent report from Calash, the specialist energy sector strategic advisory firm, to analyse the potential …
Mercury Well Control: Jeremy Roemershauser Appointed Vice President of Sales
Mercury Well Control has appointed Jeremy Roemershauser as its new Vice President of Sales based in Houston, Texas. “Due to Mercury‘s rapid growth and direction the market for the Well Control industry is taking us, we needed someone with a certain skill set to help us achieve our goals,” said …
Schlumberger: Launches ACTive OptiFIRE Coiled Tubing Real-time Selective Perforating and Activation System
ACTive OptiFIRE system enables selective perforating at different depths in a single run, saving time and operational costs Schlumberger announced today the release of the ACTive OptiFIRE* coiled tubing real-time selective perforating and activation system that enables perforating with coiled tubing (CT) fiber-optic real-time telemetry. The selective perforation process is …
Schlumberger and Chevron Energy Technology Company Sign Petrel Agreement
Petrel E&P software platform deal to drive technology, reliability, efficiency and integration. Schlumberger announced today the signing of a long-term software contract with Chevron Energy Technology Company (ETC), a division of Chevron U.S.A. Inc. The new contract provides universal access to the Petrel* E&P software platform across Chevron’s entire earth …
Schlumberger: Launches Coiled Tubing Real-Time Multiset Inflatable Packer
ACTive Straddle packer isolates and treats multiple zones on a single trip, reducing workover costs and improving treatment efficiency for production optimization Schlumberger announced today the release of the ACTive Straddle* coiled tubing real-time multiset inflatable packer. The packer provides all functions needed to isolate and treat multiple zones on …
Arctech: Launches Icebreaker Murmansk
The 16 MW Icebreaker for the Russian Ministry of Transport was launched at Arctech Helsinki Shipyard on March 25th, 2015. Before floating the vessel, she was given the name ceremonially by breaking of a champagne bottle on the bow of the vessel. The ship was named by the Godmother of …
Weatherford: Launches TruFrac Composite Frac Plug
Weatherford International plc announced today the commercial release of its TruFrac® composite frac plug at the 2015 Intervention and Coiled Tubing Association (ICoTA) Conference and Exhibition in Booth 411. With a high level of reliability, the TruFrac® composite frac plug maximizes the efficiency of plug-and-perf completion operations by reducing time …