Russia Oil Gas Magazine

NOV Reports Second Quarter 2022 Earnings

Revenue of $1.73 billion, up 12% sequentially and 22% year-over-year Net Income of $69 million, or $0.18 per fully diluted share Operating profit of $68 million, up $89 million sequentially and $56 million year-over-year Adjusted EBITDA* of $150 million, up $47 million sequentially and $46 million year-over-year Orders of $670 …

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M-I SWACO Releases New Ultra-High Temperature Non-Aqueous Drilling Fluid

RHADIANT drilling fluid system formulated to maintain stable rheologies and thin filter cake to ensure quality reservoir characterization M-I SWACO, a Schlumberger company, today announced the release of the RHADIANT† ultra-high temperature non-aqueous drilling fluid system. This system eliminates drilling fluid product degradation, prevents wellbore control issues such as barite …

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Tethys Petroleum on Radial Drilling Technology Case History: North Urtabulak

Enhanced oil recovery from a mature field in the Republic of Uzbekistan The effectiveness of radial drilling technology has long been a contentious issue within our industry, and it was into this climate of controversy that Tethys Petroleum Limited in 2010 embarked upon a campaign of radial drilling to enhance …

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