Latest Headlines

1. ExxonMobil Reports Results For Third Quarter 2020 10/30/2020

   Exxon Mobil Corporation today announced an estimated third quarter 2020 loss of $680 million, or $0.15 per share assuming dilution. Third quarter capital and exploration expenditures were $4.1 billion, bringing year-to-date spending to $16.6 billion, more than $6 billion lower than the prior year period.

2. Oil Discoveries Offshore Newfoundland, Canada 10/29/2020

   Equinor (60%), and its partner BP Canada (40%), have made two oil discoveries offshore Newfoundland, Canada.
   The two wells at the Cappahayden and Cambriol prospects, drilled this summer in the Flemish Pass Basin, have proven the presence of hydrocarbons; however, it is too early to provide specific information on volumes.

3. Stress Engineering Services Wins Top Commendation By U.S. Air Force After Delivering Revolutionary New Technical Package 10/29/2020

   Stress Engineering Services, Inc. (SES), the global leader in consulting engineering services and solutions, in collaboration with engineering software company, nTopology and the open additive manufacturing firm Origin, has been awarded first prize by the U.S. Air Force (USAF) for its work in designing, analyzing, testing and manufacturing a multi-material hydraulic tube clamp for an F-16 aircraft.

4. ExxonMobil Plans Reduction To U.S. Staffing Levels 10/29/2020

   As part of an extensive global review announced earlier this year, the company plans to reduce staffing levels in the United States, primarily at its management offices in Houston, Texas.

5. Endress+Hauser Launches New Generation Of Thermal Mass Flowmeter 10/29/2020

   Endress+Hauser launches its line of Proline t-mass F/I 300/500 flowmeters. These thermal mass flowmeters are reliable and versatile for measuring pure gases and gas mixtures, and each has numerous alarm functions, as well as bidirectional measurement capability and reverse flow detection.

6. Schlumberger Launches Definitive Dynamic Survey-While-Drilling Service 10/28/2020

   Schlumberger today introduced the TruLink^* definitive dynamic survey-while-drilling service. The new service helps operators to enhance end-to-end well construction operations and reduce overall drilling costs by performing definitive dynamic surveys while drilling on bottom that are used to identify and mitigate potential drilling risks.

7. Schlumberger Introduces StrataBlade Concave Diamond Element Bit 10/28/2020

   Smith Bits, a Schlumberger company, introduced today the StrataBlade^* concave diamond element bit that improves the rate of penetration (ROP) in a wide range of rock types, while withstanding impact damage often associated with drilling interbedded formations.

8. South Africa: Total Makes Second Significant Gas Condensate Discovery 10/28/2020

   Total has made a significant gas condensate discovery on the Luiperd prospect, located on Block 11B/12B in the Outeniqua Basin, 175 kilometers off the southern coast of South Africa

9. Clean Marine Fuels: Total Charters Four New LNG-Powered Vessels 10/28/2020

   Total is pursuing its strategy to reduce greenhouse gases emissions in maritime transportation, by chartering four Aframax-type vessels equipped with Liquified Natural Gas (LNG) propulsion.

10. Solaris Water Midstream Commences Operations At New Mexico’s Newest Large-Scale Water Reuse Complex 10/27/2020

    Solaris Water Midstream, LLC (“Solaris Water”) is pleased to announce it has commenced operations at its newest large-scale water reuse complex in New Mexico – the Eddy State Complex.