Oil production in Brazil boosted by growth of international oil companies, says GlobalData
Brazil’s recent pre-salt rounds have attracted majors, with BP, ExxonMobil, Royal Dutch Shell, and Statoil all now operators.
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Brazil’s recent pre-salt rounds have attracted majors, with BP, ExxonMobil, Royal Dutch Shell, and Statoil all now operators.
The contract is to support Al Dhafra Petroleum's operations at Haliba field, located onshore along the south-east border of Abu Dhabi.
The agreement establishes a foundation for future collaboration between Weatherford and Saudi Aramco.
Recoverable Utgard resources are estimated at around 40 million boe and daily production on plateau will be around 43 000 boe.
The mobile mixer allows the company's proprietary epoxy resin to be mixed onsite and deployed immediately before installation.
Abandonment of the well has been delayed following failure of 2 of the Diamond Offshore Ocean Monarch drilling rig’s 8 mooring chains.
Drilling of the Etame 9P appraisal wellbore is expected to take approximately four weeks, after which the company will commence drilling the Etame 9H development well targeting the Gamba reservoir.
The Africa-focused oil and gas company has released its interim results for the six months ended 30 June 2019.
Drilling Systems has launched a new licence-based pricing model which will cut the overall cost of entry level simulator technology by more than half.
The four-year agreement with Petrobras represents the largest fishing contract ever signed by Weatherford.
The company has upgraded its full year oil production guidance to 21 000 – 23 000 bpd from 19 000 – 22 000 bpd.
The deepening of well C-37 has identified three untapped oil-bearing clastic layers forming a total net pay zone of approximately 16 m.