The Permian produced about 3.4 million barrels of oil per day in August.
Read More »Schlumberger Introduces New MEMS Gyro Surveying Service
The GyroSphere service has been proven through extensive testing and field trials in the North Sea. Ecuador. Africa. and Russia.
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 »Oil Industry`s Supply Crunch Looks Inevitable
U.S. shale production is expected to slow over the next year.
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 »Two Russian Firms will Develop Shadegan Oilfield
Besides the aforementioned oil firms. Schlumberger has also signed an agreement to survey the oilfield.
Read More »Oil Majors to Support R&D at Global Industry Gathering in Abu Dhabi
Oil firms will evaluate technical solutions by researchers from around 27 countries at the two-day event.
Read More »Schlumberger Approved to Buy Into Russia’s Eurasia Drilling
Russia’s special commission on Foreign Investment approved Schlumberger to buy a stake of 25% to 49% in Eurasia Drilling.
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 »BP Names Oil Industry Veteran Helge Lund as Chairman
Norwegian previously ran Statoil and BG Group.
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