Producers’ unwillingness to raise spending despite higher oil prices also is taking a toll.
Read More »Halliburton`s Vision to have Fully Automated Oil Fields
The company’s ultimate vision is to have an entirely automated oilfield and yes. this means robots.
Read More »Brazil`s Petrobras Seeks Partner to Revive Older Oil Wells
A deal would represent a novel way for the debt-laden oil company to boost output from mature fields without losing control or risking capital.
Read More »Aramco Awards Halliburton Contract for Unconventional Gas Services
Saudi Aramco’s unconventional resources programme covers three areas of Saudi Arabia.
Read More »Venezuela Enters New Phase of Crisis
Venezuela’s oil production has declined to just 1.488 million barrels per day (mb d) as of March.
Read More »Bahrain`s New Discovery Contains 80 bln Barrels of Tight Oil
The Bahraini government earned $4.3 billion in oil and gas revenue last year and ran a budget deficit of $2.7 billion.
Read More »Bahrain`s New Discovery Contains 80 bln Barrels of Tight Oil
The Bahraini government earned $4.3 billion in oil and gas revenue last year and ran a budget deficit of $2.7 billion.
Read More »Technology. a Pivot for Baker Hughes as GE Mulls Exit Options
The technology focus is expected to continue for the company. which has plans for launches this year.
Read More »Venezuela Could Lose A Lot More Oil Production
Venezuela is ordering its embassies around the world to renegotiate rents at their diplomatic missions.
Read More »Halliburton Launches New High-Speed Telemetry Service
The JetPulse service transmits downhole data consistently over wide depth ranges and complex well trajectories with physical data rates up to 18 bits-per-second.
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