Lufkin Industries to Acquire Zenith Oilfield Technology
Adds real-time monitoring & data analysis to Lufkin’s automation capabilities. Lufkin Industries, Inc. announced that its subsidiary, Lufkin Industries Holdings UK Limited, has agreed to acquire Zenith Oilfield Technology Ltd. Zenith, based in Aberdeen, Scotland, is an international provider of innovative technology and products for the monitoring and analysis of …
TNK-BP To Invest $170m in New Technologies In the Orenburg Region by 2016
OJSC Orenburgneft plans to invest $170 mln in a programme to deploy new technologies by 2016. The Company’s focus areas include boosting reserves and optimizing field developments; well work and drilling; energy-saving equipment and improving the efficiency of field facilities. During 2011 around 40 technology projects were reviewed, 14 of …
Schlumberger Introduces New High-Temperature ESP System
Schlumberger announced today the release of its third-generation REDA* HotlineSA3* high-temperature electric submersible pump (ESP) system for steam-assisted recovery operations and geothermal applications. This latest release enables operators to further improve economics through increased recovery factors and early production while reducing downtime and intervention costs. “The REDA HotlineSA3 system can …
The equipment and technology of vibration impact on the stuck equipment are successfully used by TATNEFT Company for liquidation of downhole complications.
Application of this method is one of the effective tools to eliminate sticking and failures of the equipment in the wells, including the small diameter wells, as their design features do not allow using downhole jacks and other equipment of required capacity. In the course of drilling, operation and wells …
Baker Hughes Introduces Artificial Lift Technology Advancements
New pump design, variable speed drive software, and power monitoring capabilities optimize production and well economics Baker Hughes announced today three technology innovations designed to enhance the operating range and reliability of electrical submersible pumping (ESP) systems and to reduce operating expenses associated with ESPs. A new pump design, a …
PetroNeft Resources plc Operations Update April 2011
PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to provide an update on its operations. Highlights: • Hydraulic fracturing programme completed successfully • Target production now estimated to be between 7,000 and 8,000 bopd at end of Q1 2012 • First …