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Tag: drilling
API: Oil And Natural Gas Exploratory Drilling Down In First Quarter 2016
2016-04-07 07:14:13| oilandgasonline Home Page
Estimated natural gas well completions decreased 70 percent in the first quarter of 2016 compared to year-ago levels, according to API's 2016 Quarterly Well Completion Report, First Quarter.
Drilling Innovation Benefits Deepwater Oil Industry
2016-04-07 06:35:30| oilandgasonline Home Page
AN OBSERVATION about tall wind-resisting cacti in New Mexico has led to a new Perth-manufactured product for the multi-billion dollar global deepwater oil industry.
Tags: industry
benefits
oil
innovation
OMV completes drilling of Wisting Central II horizontal well in Barents Sea
2016-04-07 01:00:00| Offshore Technology
Norway-based OMV has completed drilling and testing of the Wisting Central II horizontal well in the Wisting field in the Barents Sea, 310km north of Hammerfest.
Tags: central
sea
horizontal
drilling
Trinidad Drilling Ltd. (TSE:TDG) Receives Average Rating of "Buy" from Analysts
2016-04-06 22:23:36| Logistics - Topix.net
Trinidad Drilling Ltd. has earned an average rating of "Buy" from the thirteen research firms that are presently covering the company, MarketBeat.Com reports . Two equities research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company.
Tags: buy
rating
average
receives
China's Sinopec Oilfield seeks growth in overseas and gas drilling to offset oil work plunge
2016-04-01 05:27:29| Oil & Gas - Topix.net
Sinopec Oilfield Service, whose biggest customer is China's second largest oil and gas producer Sinopec - has turned its focus to the overseas market and domestic natural gas projects for growth, as low oil prices cut domestic oil drilling work volumes and saw it post a loss last year. The drilling and construction services arm of state-owned China Petrochemical - parent of listed Sinopec - is aiming for overseas business to contribute up to 35 per cent of its revenues by 2020, up from 23 per cent last year.
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