Advancements in the science of horizontal drilling have been nothing short of astonishing over the past two decades. Fifteen years ago, a rig may have been on location for a couple of months to drill a one-mile lateral in a shale formation. Today, laterals of three to four times that length are being drilled in a fraction of the spud-to-rig release times, with the amount of footage drilled per rig continuing to climb.
In short, the industry has become extremely good at making hole, safely drilling better completion-ready well bores...
China National Offshore Oil Corporation (CNOOC) has commenced production at the Weizhou 5-3 oilfield development project in the Beibu Gulf Basin of the South...
talian energy company Eni and Argentina’s state-run oil company YPF have finalised an agreement to collaborate on a liquefied natural gas (LNG) project being...
MHI Compressor International Corporation (MCO-I), a leader in the design and manufacture of compressors, steam turbines and associated auxiliary systems, has launched a new...