Huisman, the worldwide specialist in lifting, drilling and subsea solutions, has received a first order for their new production facility in Brazil.
Gazprom Neft has doubled its number of horizontal wells affecting investment in its upstream business, the company reported in a news release. The investment programme runs in accordance with the previously approved plans to meet the company’s medium-term and strategic objectives. Gazprom Neft remains an industry leader in terms of efficiency based on operating profitability, return on invested capital and operating cash flow per barrel of oil equivalent.
ION Geophysical Corporation (NYSE: IO) today announced the launch of NarwhalTM, the first fully integrated ice management system designed to reduce risk and improve efficiency in seismic data acquisition and drilling operations in or near ice, such as in the Arctic.
Osage Exploration and Development, Inc. (OTCBB:OEDV), an independent exploration and production company focused on the Horizontal Mississippian and Woodford plays in Oklahoma, announced today a one day peak IP on the Tontz 2-32H of 608 BOE.
Max Petroleum Plc has obtained positive drilling results in both its Sagiz West and Uytas fields, the company reported in a news release.
Siemens Energy has received an order for two complete electrical power generating stations, including Siemens’ "closed ring solution", for supplying offshore drilling rigs with electricity, the company reported in a news release.
Norway will be Europe’s key offshore oil and gas destination in the near future, with a series of fresh development projects over the next two years driving up the drilling expenditure, according to new research from a business intelligence provider.
Dana Petroleum has started drilling operations on its Western Isles development project two months ahead of schedule.
The work is being undertaken by the drilling rig Ocean Nomad, leased from Diamond Offshore, in the Northern North Sea.
It is impossible to imagine a modern oil/gas producing field without a reservoir simulation model of the production target. It ensures optimal operations and use of investments, maximum risk reduction at all stages of the field development.
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, has commenced drilling the UTS-13 appraisal well in the Uytas Field on Block A, in KAzakhstan, the company reported in a news release.