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Drilling & Production

Pulse Oil Corp. announces the start of drilling operations at Queenstown Light Oil Field

Petroshale announces financial and operating results for the third quarter of 2018 and executive appointment

PetroShale Inc. has announced its financial and operating results for the three and nine month periods ending September 30, 2018. In addition, the Company announces the appointment of Mr. Caleb Morgret as Chief Financial Officer (CFO), who will assume the role from Mr. David Rain, who is retiring effective November 30, 2018. 

BHGE Subsea Connect offers potential to unlock more offshore oil

Baker Hughes, a GE company announces the launch of its new approach to subsea development: Subsea Connect, including its Aptara TOTEX-lite subsea system, a suite of new lightweight, modular technologies designed for the full life of field. By combining planning and risk management, new modular deepwater technology, innovative partnerships and digital tools into a single offering, Subsea Connect can reduce the economic development point of subsea projects by an average of 30 percent and has the potential to unlock an additional 16 billion barrels of reserves globally.

"Dysfunctional" oil and gas industry brings challenges for drillers: CAODC forecast

Despite a recovery in the price of oil, and LNG Canada's positive announcement early in Q4 that it would be building its LNG export facility, drilling activity in 2018 remained flat year-over-year. Once again the politicization of oil and gas infrastructure in Canada, along with increased taxation and regulatory requirements, resulted in significant delays and additional costs for Canadian producers, and sustained price differentials for Canadian crude blends. 

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Reliable, proven and highly efficient mixing for the oil industry

Mixing is a vital part of many processes. How a mixer performs can affect final product quality, productivity, process times and energy efficiency. There are many factors in the design of a mixing solution that will affect how well it operates. Understanding how to optimize these can make a real difference to plant efficiency and profitability - and this is where SPX FLOW can really help.

Dependable valves from SPX Flow for critical oil and gas applications

Incorporating the M&J Valve and Copes-Vulcan brands, SPX FLOW has long served the oil, gas and power industries with a huge range of valves designed to offer reliable, safe performance in even the most critical of applications. The valves portfolio includes Danflo Surge Relief Valves for pipeline protection against surge, Slab and Expanding Gate valves for pipeline isolation, 4-way diverter valves for Bi-Direction Provers, Turbine Bypass Valves, Desuperheaters, general and severe duty control valves for power plants. All are precisely engineered and incorporate innovative features to help address challenges faced in the oil, gas and power industries.

HDD virtual reality simulator developed by Ditch Witch to improve training and safety

More than 50 percent of reported underground utility damages are the result of insufficient excavation practices according to the 2017 DIRT Report. The Ditch Witch organization, a Charles Machine Works Company, has introduced an industry-first Virtual Reality (VR) Simulator to better prepare horizontal directional drill (HDD) operators for safe underground construction through cutting-edge training technology. 

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Festo PTFEN tubing tackles roughest jobs in process applications

Festo's newest line of FDA-compliant pneumatic tubing - PTFEN - delivers excellent high pressure, heat, corrosion and hydrolysis resistance required for harsh operating environments in many process industries. Made of polytetrafluorethylene, this extremely robust tubing is TSE-free, resistant to cleaning agent and not affected by challenging ambient atmospheric conditions. Microbes and other active agents and contaminants don't stick to polytetrafluorethylene, making PTFEN tubing easier to clean and ideal for manufacturing in the chemical and other industries.

Leslie Controls features K-Max Rotary Control Valve

Leslie Controls, a CIRCOR International brand, and a worldwide manufacturer of valves for the power generation, industrial, marine and oil and gas markets for over a century, features its K-Max Eccentric Plug Rotary Control Valve, one of the most versatile and robust valves of its type, and an improvement on the performance and durability of traditional rotary control valves. The K-Max incorporates the cam-action, low-friction plug operation that provides tight shutoff over a long service life in a variety of flow control applications, including high and low-pressure steam systems; clean, dirty, and corrosive liquids and gasses; and erosive and abrasive slurries.  

Dow introduces new winterized biocides for fracturing operations

As hydraulic fracturing activity ramps up in colder locations across the United States to meet growing energy demand, harsher temperatures and environmental conditions remain a challenge. Providing the market with a cold-weather solution, Dow Microbial Control, a business unit of DowDuPont Specialty Products, has launched two new products within its AQUCAR Water Treatment Microbiocides portfolio: AQUCAR TN 250 LT Water Treatment Microbiocide and AQUCAR 7140 LT Water Treatment Microbiocide.

ADNOC and BHGE form strategic partnership to improve drilling efficiencies

Abu Dhabi National Oil Company (ADNOC or the Group) and Baker Hughes, a GE company have signed a strategic partnership agreement, that will enable and support the growth and development of ADNOC's subsidiary, ADNOC Drilling, into a fully-integrated drilling and well construction provider. As part of the agreement, BHGE will acquire a five percent stake in ADNOC Drilling. The transaction values ADNOC Drilling at approximately $11 billion. BHGE will be the sole provider of certain proprietary leading edge and differentiated equipment and technologies related to the integrated drilling offering, supporting ADNOC Drilling's growth. Together, ADNOC and BHGE will deliver more competitive well completion times, greater drilling efficiencies and better well economics, and will capitalize on new business opportunities as ADNOC Drilling grows through its new expanded offering.

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New wireline trucks rolled out by Nine Energy Service

Nine Energy Service, Inc. has rolled out new, specially designed wireline trucks, unlike any other in use today. The new trucks, named SkyVIEW, were uniquely engineered to enhance safety and reliability to eliminate downtime and further improve successes in wireline operations. The new trucks will begin initial operations at Nine's Permian and Northeast locations starting in the third quarter of 2018.

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