Schlumberger Introduces Performance Live Service
Digitally connected service delivers real-time operational data and insights for improved performance Schlumberger introduced today Performance Live* digitally connected service that optimizes remote wellsite operations control while improving safety, efficiency and footprint. The service includes technology and domain expertise within a digital ecosystem, leveraging cloud-based applications and automated data workflows …
Tendeka VP joins OGTC Board
Tendeka’s VP for Europe, Russia, CIS & Africa, Gillian King, has joined the Board of The Oil & Gas Technology Centre (OGTC). Gillian has worked in the oil and gas industry for almost 20 years and is passionate about new technology. Throughout her time at Tendeka, she has played a key …
Weatherford Production Optimization Software Boosts Revenue by $156M, Increases Production by Nearly 6,000 Barrels Per Day for Middle East Operator
Weatherford International plc today announced its Production Optimization Software Platform increased production by nearly 6,000 barrels per day, boosting revenue by $156 million over three years for a Middle East operator. The Weatherford production optimization software platform enabled the customer to automate production monitoring, analysis, and optimization asset-wide for 1,700 …
PESA High Performer Spotlight: Don Bishop, Global Market Manager, Oil & Gas, Oerlikon Metco
What influenced your decision to enter the oil and gas industry? My father spent his career in the oil & gas business, albeit in the downstream retail sector selling finished products for of some of the big names around town and finally with Chevron where he retired so, starting my …
Wellbore Integrity Solutions and Lee Energy Systems Announces Operational and Distribution Agreement
Wellbore Integrity Solutions (WIS) and Lee Energy Systems (LES) jointly announce a strategic, operational, and distribution alliance agreement for Lee Energy Systems’ portfolio of innovative products and technologies. Under the terms of the agreement, Wellbore Integrity Solutions shall have exclusive rights in numerous countries globally to market and provide Lee …
Weatherford: Appoint Karl Blanchard as Interim CEO
Weatherford International plc today announced that Karl Blanchard, Executive Vice President and Chief Operating Officer, will assume the role of Interim Chief Executive Officer, reporting directly to the Board of Directors, until a permanent President and Chief Executive Officer has been appointed. In addition, Christian Garcia, Executive Vice President and Chief …
Latest News from Drillmec Times No. 3
Drillmec Top Drives stories of success Drillmec is proud to announce that even during the current challenging period, it was able to secure several top drive orders. Fifteen (15) new units, nearly covering the whole product range of Drillmec’s hydraulic and electric top drives, will be operating in Saudi Arabia, …
Schlumberger Announces Technology License Agreement with CNPC Logging
Schlumberger announced today that it has entered into a collaboration agreement with China Petroleum Logging Co. Ltd (CNPC Logging), a subsidiary of China National Petroleum Corporation (CNPC), to jointly manufacture wireline downhole technology in China. The agreement will strengthen the commercial and technical collaboration between the two companies and aligns …
DNV GL: Autonomous Drone Inspections Move Step Closer After Successful Test
A drone has successfully inspected a 19.4 meter high oil tank on board a Floating Production, Storage and Offloading vessel. The video shot by the drone was interpreted in real-time by an algorithm to detect cracks in the structure. It is the latest step in a technology qualification process that …
TGS Announces Dynamic Matching FWI
TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, today announced its Dynamic Matching Full Wave Inversion (DM FWI) technology. The new imaging approach uses seismic reflection and refraction information to automatically update the velocity model, enabling high-quality images in geologically complicated areas. DM FWI delivers a step-change …