Caribbean Sea

Results from more than 50,000 runs where shaped cutters resolved drilling issues demonstrate that, by matching the combination of cutters to the formation and the downhole conditions, it is possible to improve ROP, extend bit life, and drill longer runs for more cost-efficient operations.

The authors of this paper describe the path of an operator’s successful exploration program that has integrated geologic and geophysical understanding and new technology to discover 8 billion BOE at the time of writing.

The inspection projects to assess water ingress will be done via remotely operated vehicle.

Colombia is walking a thin line between becoming another fading petroleum province and Latin America’s next big success story. Its aces in the hole: unleashing its nascent offshore and unconventional sectors.

Colombia now counts Repsol, ExxonMobil, Shell, and Noble Energy as companies committed to exploration in its portion of the Caribbean Sea.

Noble’s farm-in to blocks recently awarded to Shell marks the Houston-based independent’s entry into Colombia, where the government hopes to boost offshore exploration.