Logan Industries to provide condition-based monitoring for Diamond Offshore’s wireline tensioners
Logan will provide turn-around upgrade and repairs to a fleet of wireline tensioners onboard five active drilling and completion vessels.
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Logan will provide turn-around upgrade and repairs to a fleet of wireline tensioners onboard five active drilling and completion vessels.
The company generated a net loss of US$36 million in 4Q19.
The SPIDRlive™ Self-Powered Intelligent Data Retriever is an unconventional well testing and fracture interaction monitoring technology that acquires real time well data without the need for intervention.
The oil and gas service company has reached 1 000 000 consecutive working hours without a recordable incident.
The exhibition is taking place 18 – 20 February 2020 at the Henry B. Gonzalez Convention Center in San Antonio, Texas, US.
The company has started acquisition of the Plains 3D seismic survey in the Northern Shelf area of the Midland Basin in Texas, US, and Ravenclaw 3D in the Edson area of Alberta, Canada.
The two companies are to acquire a series of large-scale, high-density, multi-client surveys in the Central Basin Platform (CBP) of the Permian Basin.
The company's second subsea tree injection manifold has completed all testing and is now ready for deployment for hydraulic intervention operations.
If fraccing activity were to be eliminated on federal acreage the result would be a widespread shift of capital from federal to private and state-owned acreage in a bid to replace the lost oil volumes, according to Rystad Energy.
Through December 2019, the Texas Petro Index lost 9.4% of its value since the February 2019 cyclical peak.
The transaction is valued at approximately US$2 billion.
The Baker Hughes US land rig count declined by 49 rigs from the week ending 4 October 2019 through the week ending 27 December 2019, a greater decline than what the company expected.