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Drilling & Production News

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Canadian rig count down slightly year-over-year for November

Baker Hughes, a GE company announced that the Baker Hughes international rig count for November 2018 was 991, down 26 from the 1,017 counted in October 2018, and up 49 from the 942 counted in November 2017. The international offshore rig count for November 2018 was 206, down 1 from the 207 counted in October 2018, and up 23 from the 183 counted in November 2017.

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Operators save rig time and improve safety using Churchill's drift tool

Jose Soliz, Vice President of Sales for Churchill's operations in the US said:

Churchill Drilling Tools celebrated a landmark achievement recently.  Churchill's Drift Catcher, run by operators across the globe to secure positive drift confirmations, celebrated its 2,000th run.

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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. 

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Offshore Technology

BHGE Subsea Connect offers potential to unlock more offshore oil

Aptara™ TOTEX-lite subsea system incorporates lightweight, modular technologies designed for life of field and re-engineered to cut the total cost of ownership in half.

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.

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Industry News

"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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Operations remain suspended at White Rose due to weather and spill

Husky has deployed a remotely operated underwater vehicle (ROV) to inspect the flowlines and confirm the source of the leak. Since the original spill, no additional oil has been detected at surface.

Operations remain suspended at the SeaRose floating production, storage and offloading (FPSO) vessel with all production wells secure after a period of extreme weather late last week.

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Instrumentation, Systems & Automation

Packers Plus combines casing integrity testing and toe stimulation into one tool

During field trials, 4.5-in. and 5.5-in. versions of the Toe-XT Hydraulic Sleeve combined for successful installation and operation in more than 50 wells across North America.

The latest innovation from Packers Plus Energy Services Inc. brings simplicity and reliability to operators for stimulating the first stage of oil and gas wells. The Toe-XT Hydraulic Sleeve is specially designed to enable a maximum casing pressure test before activating the sleeve for stimulation operations.

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Drilling & Production

Schlumberger Introduces new well testing technology

“Concert performance significantly increases operational control and collaboration, providing a step-change in operational efficiency with particular focus on safety and the environment.”

Schlumberger introduced Concert well testing live performance technology at the Abu Dhabi International Petroleum Exhibition & Conference. The new technology brings real-time surface and downhole measurements, data analysis, and collaboration capabilities to well testing.

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DeltaTek banks eight-hours of rig time for Chevron with SeaCure technology

CEO and founder of DeltaTek, Tristam Horn said: “We are delighted to have successfully completed our first SeaCure job for Chevron. This is a significant achievement for DeltaTek and demonstrates the value the technology can add to drilling operations.

Well construction specialist DeltaTek Global has announced the inaugural deployment of its SeaCure technology.

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Reliable, proven and highly efficient mixing for the oil industry

To avoid drips on the ground and afford greater environmental protection, the Plenty side entry mixers have a wear resistant tank shut-off device with safety check valve, which provides reliable tank closure for seal and bearing maintenance under full tank conditions.

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.

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Dependable valves from SPX Flow for critical oil and gas applications

M&J EG valves have double block and bleed capabilities and seal at low and high line pressure.

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.

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Instrumentation, Systems & Automation

ITT unveils new testing chamber for oil and gas well penetrator systems

Innovative equipment makes BIW one of the first suppliers in the upstream oil and gas market to offer electrically monitored ultra-high temperature and pressure testing for improved product lifetime and performance in the field.

ITT Inc.'s BIW Connector Systems brand has unveiled a new $1.5 million high pressure, high-temperature chamber for qualification testing of new electrical penetrator systems used in oil and gas wells.

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Industry News

Nine Energy Service completes Magnum Oil Tools acquisition

Nine Energy Service, Inc. has officially completed the acquisition of Magnum Oil Tools International, LTD., a market-leading downhole technology provider serving the global oil and gas industry for over a decade. Magnum has a broad offering of proprietary downhole completions products, including dissolvable and composite frac plugs, as well as a number of other patented consumables.

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

Operators can use the new Ditch Witch-developed VR training simulator to improve safety and efficiency on the job site.

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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