Products, Services & Techniques

ExxonMobil, Microsoft strike cloud computing agreement for U.S. shale

February 22, 2019 | Company Operations, Products, Services & Techniques

London, UK | – Exxon Mobil Corp and Microsoft Corp have agreed to use cloud technology in the U.S. oil producer’s shale operations, they said on Friday, helping to boost profitability in the nation’s largest shale field. The companies will collect data from Exxon’s wells and other production assets in the Permian Basin of West Texas and New Mexico, where the world’s largest publicly traded oil and gas company holds 1.6 million acres, and make it immediately accessible to Exxon workers. The value of the …

Halliburton aims for push-button fracking

August 23, 2018 | Company Operations, Products, Services & Techniques, Shale oil & gas

Houston, Texas USA | –  Automation has brought robots into fields onshore and offshore in search of leaks and to perform small tasks. It has also been used to automate drillpipe handling and for monitoring and diagnostics. Now Halliburton Corporation is bringing automation to the hydraulic fracturing process. The company envisions completing a full fracturing treatment with the push of a button, putting its surface treatment data such as treating pressure and proppant quantity with diagnostic subsurface data using technology to enable real-time analysis and …

Shell partners with automakers on fast-charging stations for battery vehicles

November 27, 2017 | Company Operations, Products, Services & Techniques

London, UK – Royal Dutch Shell, one of the world’s largest multinational Oil and Gas Company has partnered with top carmakers to deploy ultra-fast chargers on Europe’s highways, stealing a march on rivals in the race to remove one of the biggest obstacles facing the electric car sector. Shell’s agreement with IONITY – a joint venture between BMW, Daimler, Ford, and Volkswagen – will initially bring high-powered docks to 80 highway sites in 2019, it said in a statement. Power giants including France’s Engie and …

Shell buys charging station firm in first electric vehicle deal

October 13, 2017 | Mergers, Acquisitions & JVs, North Sea & Western Europe, Products, Services & Techniques

Amsterdam, Netherland  | – Multinational oil giant,  Royal Dutch Shell Plc has agreed to buy Dutch-based NewMotion, the owner of one of Europe’s largest electric vehicle charging networks, marking the company’s first deal in electric mobility as demand for cleaner vehicles is expected to soar. Shell said NewMotion, which manages over 30,000 charging points for electric vehicles in Western Europe and offers access to thousands more, will operate in parallel to Shell’s program of rolling out fast charging points at its forecourts. “They’re complementary offers. …

Schlumberger announces new artificial lift management service

March 30, 2017 | Company Operations, Products, Services & Techniques

Houston, Texas | – Schlumberger announced today the introduction of the Lift IQ production life cycle management service, which offers monitoring, diagnostics and optimization of artificial lift systems in real time. This new service securely collects, transmits, evaluates and interprets data from customer wells to improve production efficiency, extend equipment run life and reduce operating costs. The Lift IQ service comprises four service tiers to ensure the best fit for a customer’s unique requirements including visualization, real-time surveillance and diagnostics, well optimization and field optimization. “As …

Sasol completes first ever onshore 3D seismic campaign in Mozambique

October 11, 2016 | Mozambique, Products, Services & Techniques

London, UK | – South African multinational integrated energy and petrochemical company Sasol has completed the first ever three-dimensional (3D) onshore seismic programme, in the Inhassoro field, in Mozambique. This involved acquiring 115 km2 of data in the Inhassoro field, which forms part of Sasol’s onshore production sharing agreement (PSA) licence area. To be developed in phases, the first phase of the PSA licence area development proposes an integrated oil, liquefied petroleum gas (LPG) and gas project adjacent to Sasol’s existing petroleum production agreement (PPA) area. Sasol has made significant progress on Tranche 1 of the PSA development …

Positioning systems support subsea programs offshore Nigeria

October 05, 2016 | Nigeria, Products, Services & Techniques

Great Yarmouth,  UK  | – Nigerian contractor Geodetic Offshore Services has purchased two Applied Acoustics Nexus USBL positioning systems for various offshore projects, including underwater installation, diver monitoring, seabed surveys, and ROV operations. Emanuel Ekpeyong, managing director at Geodetic, said: “The Nexus system has been mobilized as a stand-alone underwater positioning reference, back-up reference to vessel DP system and, in a complex setup, used with other equipment.” The company is deploying the USBL equipment with Applied’s 1000 Series Mini positioning beacons and the smaller 200 …

Schlumberger introduces ridged diamond element drill bit

March 24, 2016 | Company Operations, Products, Services & Techniques

Fort Worth, Texas  | – Smith Bits, a Schlumberger company, has released the AxeBlade ridged diamond element bit, which incorporates new-geometry Axe ridged diamond elements across the bit face. The company says the bits improve rate of penetration (ROP) in a range of formations and steering response in directional applications. Murat Aksoy, president, Bits & Drilling Tools, Schlumberger, said: “The drill bit market is performance-driven and seeks polycrystalline diamond compact (PDC) bits that provide differentiated performance in ROP. The cutting efficiency delivered by the AxeBlade …