Tier I Horizontal Berea oil wells in the productive oil window of Lawrence County have reportedly averaged in the range of ~100 - 150 BOPD over the initial 90 days of production where the well development costs are significantly lower, as compared to other plays across the US. Berea oil production from Lawrence County, Kentucky represented nearly 25% of the states total annual oil production in 2014.
The latest innovation from Packers Plus Energy Services Inc. brings simplicity and reliability to operators for stimulating the first stage of oil and gas wells.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) and engineering subsidiary PurLucid Treatment Solutions Inc.(“PurLucid”) are pleased to announce they have received notice of publication of its patent for a new method to produce boiler feed water using low energy water treatment.
PJSC LUKOIL completed the construction of the second production well from the wellhead platform at the Yury Korchagin field in the Caspian Sea.
Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV: PQE; OTC: PQEFF; FSE: PQCF), a fully integrated oil and gas company, is pleased to announce that it has begun delivering oil into its regional market.
Fluor Corporation announced recently that its joint venture team, KPJV, has developed one of the world’s largest, single 3D intelligent plant design models for Tengizchevroil LLP’s Future Growth Project – Wellhead Pressure Management Project (FGP-WPMP).
Recently, November 13, 2018, API Senior Director of Regulatory and Scientific Affairs Howard Feldman held a press call to preview comments that will be delivered for the record on Wednesday, November 14, in Denver during the EPA’s public hearing on the proposed rule, titled “Oil and Natural Gas Sector: Emission Standards for New, Reconstructed, and Modified Sources Reconsideration.”
ABB has been awarded an integrated automation, electrification and telecommunication order in Q2 2018, valued at US$79M, for the upgrade of the Bab Onshore Field in Abu Dhabi, by China Petroleum Engineering and Construction Corporation (CPECC).
Weatherford International plc (NYSE: WFT) is introducing Vero automated connection integrity, which applies artificial intelligence to minimize safety risks and validate well integrity with absolute certainty.
Today the American Petroleum Institute strongly condemned the U.S. District Court of Montana’s ruling to delay the building of the Keystone XL pipeline.
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