Testing page for app
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The company makes good on a pledge to reduce freshwater use and replenish the fresh water it uses.
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Petrofac sold its 50% interest in Petro-SPM Integrated Services to Schlumberger. Petro-SPM operates the Pánuco Integrated Service Contract in Mexico. Schlumberger now owns 100% of Petro-SPM.
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Libya halted loadings from its biggest oil field in the latest disruption to the nation’s crude production and shipments.
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Total’s acquisition of Maersk Oil includes holdings in the North Sea Johan Sverdrup and Culzean projects. Total will become the second-largest operator in the northwest Europe offshore region. Maersk’s strategy shifts to its transport and logistics division.
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The industry is facing one of the toughest challenges of its lifetime, but exploration and production companies are slowly and steadily adapting to the new changes.
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Rockwell Automation’s Luis Gamboa explains his company’s new solution designed to allow operators to collect, sort, and reconcile the quality and quantity of data from multiple sources to optimize field data.
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Magnum Oil named Jamie Phillips as its vice president of operations. Phillips brings more than 15 years of experience in engineering, operations, customer service, procurement, logistics, quality assurance, and quality control. He was a general manager at Flowserve and director of service operations at TIW. He also served 4 years as an operations managers at Baker Hug…
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The Oil & Gas Reserves Committee is seeking review by 14 November 2017.
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Driven by a recovery in well completions and increased proppant loading per well, the market for raw fracturing sand is expected to grow by more than 4% annually through 2021, an industry research study says.
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Industry interest in US Gulf of Mexico acreage declined in the number of bids and the dollars offered at the latest federal lease sale, compared with the prior sale. But there was still some confidence shown in higher risk prospects.