Union Jack Oil announces 2018 results
Union Jack Oil’s revenue increased by 250% in 2018, standing currently with a cash balance in excess of £2.5 million.
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Union Jack Oil’s revenue increased by 250% in 2018, standing currently with a cash balance in excess of £2.5 million.
Baker Hughes, a GE company, has announced the introduction of its DELTA-TEQ™ low-pressure-impact drilling fluid.
In a major turnaround, North American tight oil is emerging as the second cheapest source of new oil volumes globally, just shy of the Middle East onshore market.
The board of Caspian Sunrise has provided an update on developments at its flagship BNG Contract Area.
IriSphere look-ahead-while-drilling service reduces drilling risks and improves efficiency by providing data ahead of the bit in real time.
Halliburton Company has released Flex™ Managed Pressure Drilling System (MPD), a scalable and mobile technology that can be configured to address specific operator challenges and improve rig efficiency.
The BRX4Z sidetrack at Angus Energy’s Brockham well site has been successfully re-perforated.
Contracts for six of the eight rigs were awarded to Gulf Drilling International (GDI), while the contracts for the remaining two rigs were awarded to Northern Offshore Drilling Operations Ltd.
QMax Solutions has been awarded a “Best and Brightest Companies to Work For in the Nation” award.
The five-year agreement aims to provide Pacific’s customers with better reliability and improved throughput enabling streaming video and real-time data.
The collective depth of these wells is the equivalent of 25 times around the equator – or 2.5 times the distance to the moon.
The transaction is expected to close in 2H19, subject to regulatory approvals.