Latest Headlines

41. USGS Estimates Undiscovered Oil And Gas Resources In The Austin Chalk Formation Of The U.S. Gulf Coast 10/30/2020

    The Austin Chalk and Tokio and Eutaw Formations of the Gulf Coast Basin contain a mean of 6.9 billion barrels of oil and 41.5 trillion cubic feet of natural gas according to a new assessment by the U.S. Geological Survey.

42. 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.

43. 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.

44. 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.

45. 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.

46. Equinor Third Quarter 2020 Results 10/29/2020

    Equinor (OSE: EQNR, NYSE: EQNR) reports adjusted earnings of USD 0.78 billion and USD 0.27 billion after tax in the third quarter of 2020.

47. Royal Dutch Shell Plc Third Quarter 2020 Press Release 10/29/2020

    Shell today announced a cash allocation framework that will enable it to reduce debt, increase distributions to shareholders, and allow for disciplined growth as it reshapes its business for the future of energy.

48. 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.

49. 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.

50. 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