
New PDC bit design evacuates cuttings 200% faster
Ulterra's SplitBlade™ design improves cuttings evacuation as much as 200% faster than conventional PDC bits.
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Ulterra's SplitBlade™ design improves cuttings evacuation as much as 200% faster than conventional PDC bits.

Challenging conditions drives demand for new Churchill technology in Norwegian sector. Technology will be showcased SPE International one-day seminar, Bergen on 18 April 2018.

Ghazeer development to bring Khazzan production to an estimated 1.5 billion cubic ft per day of gas.

The Petroleum Safety Authority have given Lundin consent to drill appraisal well 7220/11-5 S in production licence 609 in the Barents Sea.

The Petroleum Safety Authority Norway have given Aker BP consent for exploration drilling of well 7221/12-1 in the Barents Sea.

The independent international heavy oil technology company has concluded an agreement to form a new Joint Venture in Mexico, to advance the commercialisation of its VHTL upgrading technology in the country.

The Stega™ drill bit has an efficient layout design that optimises the placement of back-up cutters to improve bit durability without decreasing drilling efficiency or rate of penetration (ROP).

Carnarvon Petroleum Limited has provided the following update on its near-term drilling programme as advised by the operator, Quadrant Energy.

Faroe Petroleum has announced significant discoveries in both the Hades and Iris prospects in licence PL 644 B (Faroe 20%), located in the Norwegian Sea.

The contract is for the provision of drilling operations, maintenance services and engineering support for the Oseberg and Kvitebjørn fields.

Siccar Point Energy announced that on 28 March 2018, a sale and purchase agreement was signed with Shell UK Limited under which Shell will acquire a 30% non-operated working interest in UKCS licences P1028 and P1189 and a 22.5% non-operated working interest in P1830.

Egdon Resources plc has signed a Farm-out Agreement in respect of a further 5% interest in PEDL253 with Humber Oil & Gas Limited (“Humber”, a private company) under the same terms as the farm-out previously announced on 5 and 20 March.