Weatherford International’s Shallow Angle QuickCut System successfully achieved the industry’s first 12 ¼-in. casing sidetrack, delivering a 22-ft. window in a single trip for an ultra-deepwater well in the Gulf of Mexico. SourceContinue Reading

America’s oil production will never again reach the record 13 million barrels a day set earlier this year, just before the pandemic devastated global demand, according to Occidental Petroleum Corp. SourceContinue Reading

Trailing Biden in the polls and looking to drive up support among white, working-class voters that helped deliver him Rust Belt states in 2016, Trump has turned to fracing as a last-ditch measure to make up ground. Biden holds a lead of 7 percentage points in Pennsylvania, according to a RealClearPolitics average of polls. SourceContinue Reading

Currently, “we expect we will be able to gradually raise production, in line with the conditions of the agreement, without harming the market,” Alexander Novak said in his column for the October issue of Energy Policy magazine. SourceContinue Reading

The specialist energy market research advisors and consultancy has appointed David Linden to the newly-created role of Head of Energy Transition. The announcement comes as the company commits to helping the energy industry successfully navigate decarbonization. SourceContinue Reading

“Mozambique LNG is the country’s first onshore LNG development project and will play a key role in meeting the increasing demand for energy in the Asia-Pacific, Middle East, and Indian sub-continent markets,” said Thorbjoern Fors, Executive Vice President for Siemens Energy Industrial Applications. SourceContinue Reading

Dr.s Wylde and Taylor, from Clariant Oil and Mining Services, discuss how non-MEA triazine-based scavengers decrease the occurrence of amorphous polymeric dithiazine solids, providing a best value-driven chemical solution to mitigate H2S issues in the field. SourceContinue Reading

The potential combination would be the latest sign that long-expected consolidation in the shale patch has finally arrived. A purchase of Concho, which has an enterprise value of $12.3 billion, could become the year’s largest takeover of an oil and gas company. SourceContinue Reading

Oceaneering International has been awarded a BOP tethering services contract offshore Brazil from Petrobras. The contract duration is one-year with the option to extend for an additional year. SourceContinue Reading

After an unprecedented 8% drop this year, global oil consumption will return to pre-crisis levels in 2023, provided Covid-19 is brought under control next year, the Paris-based agency said on Tuesday. Even in that case, which is the most optimistic scenario for oil considered by the IEA, the pandemic has an enduring impact. SourceContinue Reading