
ExxonMobil plans investments of US$20 billion to expand manufacturing in US Gulf region
New projects expected to create more than 45 000 high-paying jobs across the region and thousands more through multiplier effect.
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New projects expected to create more than 45 000 high-paying jobs across the region and thousands more through multiplier effect.

Weatherford International plc thas announced the development and deployment of a high-performance cement retainer and bridge plug for use in wells in Sakhalin Island, Russia.

New reimaged data covers 1000 OCS blocks ahead of large regional lease block turnover.

The Salman-1 well will be drilled to 4245 m MD through Kurra Chine target horizon to be followed by further testing of five prospective targets. Rosneft plans to complete drilling in July 2017.

Hydrocarbon production from the ‘Golden Triangle’ – incorporating the deepwater (>500 m water depth) plays of Brazil, the US Gulf of Mexico and West Africa – will peak in 2019 due to the lack of projects sanctioned in recent years.

The Red Tank multi-client survey will be in the heart of the New Mexico portion of the Delaware Basin. This high-resolution 3D survey adds more than 300 square miles to the company’s regional contiguous database of 3000 square miles.

The EIA’s Annual Energy Outlook 2017 Reference case projects that US tight oil production will increase to more than 6 million bpd in the coming decade, making up most of total US oil production.

ExxonMobil has awarded to Pason Systems, Inc. the first global license of its Drilling Advisory System™, a key component of the company’s Fast Drill™ technology suite.

TransCoil rigless-deployed ESP expands the operating envelope and improves reliability versus existing alternative deployment systems

The company has announced that the Board has approved expenditure of US$2.2 billion for its share of the development of the Mad Dog Phase 2 project in the Gulf of Mexico.

Peterson will provide logistics consultancy services to support the planning and initial development of Port Cameron, a 500 acre deepwater staging port situated in Cameron, Louisiana, serving the Gulf of Mexico.

Samoco Oil Tools, a developer of tools for the oil and gas industry, has announced the launch of OneTrip to greatly reduce the time and costs associated with mandatory blowout prevention (BOP) testing.