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Drilling & Production

Suncor Energy production continues to ramp up at Base Plant mine following restrictions due to fire

On August 16, 2020, Suncor reported it had experienced a fire at the secondary extraction facilities of its Base Plant mine, on August 14.  As of August 29, production was restored to 165,000 barrels per day (bbls/d) of mined bitumen, and although initial repairs can allow the mine to operate at full rates, production has been restricted to manage bitumen quality into the upgraders, according to the company's most recent update.  

Monthly rig counts show signs of strengthening through August 2020

Baker Hughes announced that the Baker Hughes international rig count for August 2020 was 747, up 4 from the 743 counted in July 2020, and down 391 from the 1,138 counted in August 2019. The international offshore rig count for August 2020 was 184, up 1 from the 183 counted in July 2020, and down 60 from the 244 counted in August 2019.

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Offshore Technology

Software & IT

Cloud-based upstream document management introduced by Quorum Software

Quorum Software, a leader in digital transformation for the oil and gas industry,  announced the release of myQuorum DynamicDocs, a cloud-based document management system purpose-built to make oil and gas operators more secure, agile and compliant. As part of the myQuorum platform, DynamicDocs will play a central role in helping Quorum customers evolve document-based business processes to deliver more value and streamline workflows.