Apache is to increase investment in drilling to 78% of its annual capital spending in 2016-2020, compared to 51% in 2012-2015, a business breakfast was told in Aberdeen this morning. Investment in seismic will double, from 5% of its capital spending to 10%…
Norway-based eDrilling launched a simulator for drilling and well engineering and training of all engineering disciplines, to help the industry with efficient and safe well delivery. WellSim Interact represents the ultimate training/engineering…
Lundin Malaysia commenced drilling of the Imbok-1 exploration well in blocks SB307 and SB308, offshore East Malaysia. The Imbok prospect is in shallow water and lies to the east and south of two major producing fields in offshore East Malaysia…
The Norwegian Ministry of Petroleum and Energy has announced that 26 companies have bid for acreage in the 23rd licensing round. The round offers nearly 60 frontier exploration blocks with around half in the exciting new Arctic province of the Norwegian Southeast Barents Sea…
KrisEnergy spudded the Mustika-1 exploration well in the East Java Sea, marking the beginning of its operated Satki production sharing contract (PSC). Image from KrisEnergy. Mustika-1…
Image from IOG. Murphy Oil encountered hydrocarbon pay at its Thunder Bird sidetrack well in the Gulf of Mexico, but has decided to plug and abandon the well, due to the low oil price environment…
Offshore Technical Compliance (OTC) in partnership with Hecate Software has announced the introduction of Greenlight, a digital pressure testing software suite which provides reliable pressure analysis and compliance oversight. Greenlight uses proprietary algorithms to conduct…
Ross Offshore won a global umbrella contract with Petronas Caligari for drilling and well services, from single projects to engineering, well Studies, company representation, auditing, evaluation; to the full scope of total well management of drilling a well…
The Belize government has approved a policy that will legally ban offshore exploration in all seven areas that make up the Belize Barrier Reef Reserve System World Heritage area, according to global heritage organization UNESCO. The decision…
Fluid engineering firm BHR Group has launched a commercially available, open-access downhole test facility, based in Cranfield, UK. The onshore facility is the first of its kind in the UK, providing an easily-accessible, secure, flexible…
Houston-based Marathon Oil's Solomon exploration well in the US Gulf of Mexico has been plugged and abandoned after not encountering its lower tertiary target interval. The well reached its total depth of approximately 34,600ft on Walker Ridge Block 225…
Athens Group’s Daniel Marquez discusses why new 20K control systems require a new approach to specification, acquisition, operation and maintenance procedures. Acquisition, operations, and maintenance…
The International Association of Drilling Contractors (IADC) announced the resignation of Stephen A. Colville as president and chief executive officer and the appointment of Jason E. McFarland as interim president, effective immediately. McFarland is a 20-year veteran of the IADC…
Image: Maersk Venturer/ Maersk Drilling Maersk Drilling has been awarded a contract for the drillship Maersk Venturer with oil major Total. The contract covers one exploration well (estimated duration 120 days) in block 14 offshore Uruguay…
Weatherford International has announced the development of the HeatWave Extreme service for commercial use by Chevron Thailand. The HeatWave Extreme service includes a logging-while-drilling (LWD) tool string capable of withstanding temperatures of up to 410˚F (210˚C)…
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