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The rig count, an early indicator of future output, held at 869 in the week to Aug. 17, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report.
Drillers added 10 oil rigs in the week to Aug. 10, bringing the total count to 869, the highest level since March 2015, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report.
Drillers cut two oil rigs in the week to Aug. 3, bringing the total count down to 859, Baker Hughes, a GE company, said in its weekly report.
A new sliding sleeve fracturing tool addresses limitations of single-point entry systems.
Improvements began with building reliability and performance into pressure pumping systems.
Drillers cut four oil rigs in the week to June 29, bringing the total count down to 858, Baker Hughes, a GE company said in its weekly report. That was the first time drillers cut rigs for two weeks in a row since October 2017.
Advances in sliding sleeve technology drive efficiency and keep pace with growing completion program requirements.
The need for more data processing capability and communication flexibility has led to the development of hybrid technology to do more for less.
A new multicomponent resin offers operators an alternative method for well barrier creation and repair.
High-resolution data, dense spatial sampling and near-offset/near-angle information are key elements for success.
Shell shares Malikai update while Exxon Mobil offers Hebron report.
An industry partnership responds to changing industry needs with new SSSV design.