Eni announced the industrial deployment of ECHELON, an advanced dynamic reservoir simulator, for optimization of field monitoring, development and production on Nov. 12.
Eagle Ford operators and service providers are adjusting well spacing and asset approaches to better guard against frac hits.
National Energy Services Reunited Corp. (NESR), a national provider of integrated energy services in the Middle East and North Africa and Asia Pacific, on Oct. 1 reported multiple awards in North Africa valued up to $100 million. The awards are for well intervention services for a period of up to three years.
NeoSteer at-bit steerable system design integrates a unique cutting structure and steering mechanisms.
Locus Bio-Energy Solutions, an oil technology company whose environmentally-friendly biosurfactant treatments consistently increase well production by averages of 40%, officially opened its new 7,117-square-foot Houston innovation center on Sept. 17.
New data science partnership brings together leaders in rock characterization for hydraulic fracturing design and real-time completion analysis, offering operators an advanced solution for maximizing frac performance and ultimate oil and gas recovery.
Well stimulation firms are experiencing economic headwinds despite completing more stages at higher pump rates for customers as pricing softens and frack equipment stacks out.
Basic Energy Services said CEO T.M. “Roe” Patterson notified the company on Sept. 13 that he plans to transition away from the company to pursue other business opportunities.
The four-year agreement represents the largest fishing contract ever signed by Weatherford. It also constitutes the largest single global award for this scope in the recent past.