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.
In a case study, a solid-state GWD replaced MWD as a definitive surveying system while improving wellbore placement in Latin America.
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.
The integrated offering will enable optimization of automated drilling and wellbore placement.
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.
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.
A new methodology has been designed to provide detailed drainage and production definition without operational interference.
The brand launch of EverGreen will bolster Precision Drilling’s commitment to reduce the environmental impact of oilfield operations, the service provider says.
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.
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.