Weatherford: Launches ForeSite® Sense Reservoir Monitoring Solution
Instant Intelligence to Optimize Well Production, Drive Profitability Weatherford International plc has launched ForeSite® Sense, the world’s most comprehensive reservoir monitoring solution that shows, in real-time, the critical downhole data that determines profit: pressure, temperature and flow. “Data tells the story of reservoir behavior, and reservoir behavior determines production efficiency and …
Latest News from Drillmec Times No. 8
Drillmec – Rosneft: A Five Highly Mobile Rigs Contract At the end of 2019, Drillmec landed a five highly mobile drilling rig full packages contract with Rosneft, Russia’s leader of the drilling industry and the world’s largest global public oil and gas corporation. The deployment of these rigs will increase number …
eDrilling Awarded Funding by Norwegian Research Council through the DEMO 2000 Program
eDrilling announced today that it has been awarded DEMO 2000 funding through Norwegian Research Council. Energy companies have for decades leveraged eDrilling’s world leading AI, Machine Learning and Predictive Analytics software to optimize well construction and drilling operations – and now eDrilling has been awarded funding through the DEMO 2000 …
CGG GeoSoftware: Launches WellPath – An Interactive Well Path Planning Technology
CGG GeoSoftware has launched WellPath, a new interactive 3D well path planning solution for optimal well planning in unconventional and fractured reservoirs and offshore development platforms, as part of its InsightEarth ® 3D visualization and interpretation software suite. WellPath shows the complexity of the subsurface drilling environment in 3D so …
eDrilling establishes eDrilling Research
eDrilling announced today that it has established eDrilling Research. As the Energy industry is the taking the environmental challenge head on and need technologies that not only help them reach their safety and operational objectives, but also the all-important environmental and sustainability goals, eDrilling is establishing eDrilling Research. eDrilling Research …
Weatherford and Safe Influx Sign Memorandum of Understanding
Weatherford International plc announced it has signed a Memorandum of Understanding with Safe Influx, the world’s only provider of Automated Well Control technology. Under the MoU, the companies will cooperate globally to focus on revolutionising well integrity during the construction phase by bringing to market the first ever integration of …
TMK announces delisting of its GDRs from LSE
PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces that, further to previous announcements and following the application to the Financial Conduct Authority and the London Stock Exchange, the listing and admission to trading on the LSE of its Regulation S …
Weatherford Appoints Girish K. Saligram as President, CEO and Director
The Board of Directors of Weatherford International plc announced today that effective October 12, 2020, it will appoint Mr. Girish K. Saligram as the Company’s President and Chief Executive Officer. Mr. Saligram will also serve as a member of the Company’s Board of Directors. Mr. Saligram previously served as Chief …
eDrilling Moves its Headquarters
eDrilling announced today that it has moved its headquarters. Not far, but into facilities that will better support the growth of the company. As E&P companies globally are increasingly utilizing the value of our AI software solutions to save cost, improve safety, and last, but not least, increase the efficiency …
Optimise Field Development and Reduce CAPEX with Help from the new Tracerco Insights Platform
Tracerco, part of Johnson Matthey Plc, is expanding its reservoir surveillance capabilities by announcing the launch of its new digital offering – the TracercoTM Insights Platform. Building on over 40 years of experience in providing reliable reservoir flow data, the TracercoTM Insights Platform delivers information in a fast, secure and convenient …