Drilling
Drilling , Digital Oilfield
Digital Drilling: Taking Remote Solutions to the Next Level
In a landmark project, Baker Hughes delivered data management and insights across Saudi Aramco’s entire drilling fleet, making it the largest deployment in Baker Hughes’ history.
Drilling
Trying Something New: Using Exclusively Gyro Technology for Wellbore Surveys in Crowded Pad Drilling
In a case study, a solid-state GWD replaced MWD as a definitive surveying system while improving wellbore placement in Latin America.
Earnings , Drilling
Schlumberger's Profit Beats Forecast as Margins Soar on Revenue Gains
Oilfield services giant Schlumberger NV issued a bullish forecast for 2021 on July 23 as second-quarter profit topped estimates due to surging margins, with a rebound in oil prices boosting demand for its software and equipment.
Drilling
Nabors and Halliburton Integrate Digital Well Planning, Rig Operations
The integrated offering will enable optimization of automated drilling and wellbore placement.
Earnings , Drilling
Baker Hughes Profit Falls 9% from Q1 as Oilfield Services Demand Remains Tepid
Oilfield services provider Baker Hughes Co. said on July 21 its adjusted profit fell 9% in the second quarter from the previous three months and it missed Wall Street estimates for earnings, as crude producers kept a tight lid on spending.
Earnings , Unconventional , Field Development , Drilling , Completions
Halliburton Profit Jumps 33% as Oilfield Activity Rebounds
Halliburton Co. on July 20 reported a 33.5% jump in second-quarter profit from the previous three months, as a rebound in crude prices from pandemic lows buoyed demand for oilfield services.
Unconventional , Drilling , Digital Oilfield
Geochemistry Workflow Provides Understanding of Drainage Networks in Unconventional Plays, Maximizes ROI
A new methodology has been designed to provide detailed drainage and production definition without operational interference.
Public Capital , Energy Transition , Drilling
Precision Drilling Launches New Environmental Brand in ESG Push
The brand launch of EverGreen will bolster Precision Drilling’s commitment to reduce the environmental impact of oilfield operations, the service provider says.
Exploration & Production , Drilling , Digital Oilfield , Completions , Logistics
Petrofac Signs Contract for Halliburton DecisionSpace 365
Halliburton Co. has signed a contract with Petrofac to adopt Digital Well Program, a DecisionSpace 365 cloud application to automate drilling, completions, and engineering processes, the company said on July 15.
Exploration & Production , Drilling , Digital Oilfield , Logistics , Subsea
Neptune Energy Digitizes Wells with Gaming Tech to Enhance Production, Cut Costs
The new digital twins of Neptune’s wells were developed in collaboration with InformatiQ, a leading oil and gas data visualization specialist that combines infrastructure, wells and geology data to create detailed 3D models.