May 02, 2022
A new wave of oil platforms is sweeping into the U.S. Gulf of Mexico as crude prices are riding historic levels and demand for barrels is higher than ever.
April 29, 2022
Shell Brasil Petróleo, a subsidiary of Shell plc, signed a Production Sharing Contract to acquire a 25% stake of the Atapu field. Shell paid $1.1 billion to Petrobras for the increased stake in the field.
April 22, 2022
The world’s biggest oilfield-services provider said its suspension of future investment in Russia, a market that has represented about 5% of its total sales, means it can shift its own spending to other parts of the world.
April 19, 2022
Spears & Associates Managing Director Richard Spears’ talk, titled, How extreme financial discipline impacts drilling activity in 2022 and 2023, outlined what has caused oil companies to display uncharacteristic financial restraint, despite surging oil prices.
April 12, 2022
Halliburton Company today introduced StrataStar™, a deep azimuthal resistivity service that provides multilayer visualization to maximize well contact with the reservoir and improve real-time reserves evaluation.
April 07, 2022
The Government of Canada approved the environmental assessment of the Bay du Nord development project as recommended by the Impact Assessment Agency of Canada in August 2021.
April 04, 2022
Maersk Drilling has been awarded contracts with Shell for the provision of the 7th generation drillship Maersk Voyager for drilling services offshore multiple countries.
March 23, 2022
SBM Offshore announced that it has entered into a shareholder agreement with its long standing business partners Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha.
March 21, 2022
Mubadala Petroleum, the Abu Dhabi headquartered international energy company, has successfully commenced first gas production from the Pegaga gas field in Block SK 320, offshore Malaysia.
March 14, 2022
A new gas field found under the North Sea off East Anglia has this week produced its ‘first gas’ – and more such developments are on the way, according to IOG.
March 01, 2022
Neptune Energy and partners announced drilling has commenced on the Hamlet exploration well in the Norwegian sector of the North Sea.
February 11, 2022
Baker Hughes rig count released Friday shows the United States has added 22 rigs since last week, bringing its total count to 635. Compared to a record low of 244 in August 2020, the rig count is up 160%.
The New Era of Surface Logging: Digital, Automated and Sustainable
March 03, 2022
Mud gas and cuttings analysis remains at today the only direct measurement of, respectively, the reservoir fluid and rock, until a PVT sample and a core are available for laboratory analysis. Surface logging data is an attractive solution for the client to take real-time decisions as they are available while drilling, on a continuous basis and at relatively low cost. Nowadays the accuracy and quality of the surface logging data has reached a level comparable to more sophisticated downhole tools thanks to the technological evolution, processes automation and innovative digital workflows. In this presentation we will describe how Artificial Intelligence and Machine Learning models and ground-breaking algorithms permit a more quantitative and objective approach to determine lithology classification, enhance the accuracy of the mud gas data even in extreme drilling conditions and enable predicting fluid properties while drilling.
January 28, 2022
The sale of offshore oil and gas leases on more than 80 million acres in the Gulf of Mexico was canceled by a U.S. judge who ordered regulators to take a harder look at the impact on climate change.
January 19, 2022
Maersk Drilling has been awarded a contract with TotalEnergies E&P Danmark which will employ the high-efficiency jack-up rig Maersk Reacher for well intervention services in the Danish North Sea.