Exploration & Production

Weatherford introduce cased-hole evaluation system for enhanced oil recovery

1388085564910Weatherford International plc announced the commercial release of the Raptor™ 2.0 cased-hole evaluation system on 19 June 2017 at the Society of Petrophysicists and Well Log Analysts Annual Symposium

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Artificial lift system market is set to boom in 2022

8583645470 9a5344f692 zNorth America, the market leader for artificial lift system in 2015, is expected to get surpassed by LAMEA by 2022, as oil reserves in Saudi Arabia have reached the maturity stage and companies are implementing enhanced oil recovery techniques to extract oil to commence deep drilling in order increase productivity

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US to dominate global oilfield equipment rental market from 2017-2022

OilfielsIn the recent report on oilfield equipment, the leading market research company Research and Markets declared that the global rental market of oilfield equipment is projected to grow at a CAGR of 3.87 per cent from 2017 to 2022, with reaching a market size worth US$20.55bn by 2022

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BP Statistical Review highlights Middle East oil production dominance

oil production by regionThe Middle East remained the world’s largest oil-producing region in 2016, according to BP’s newly released BP Statistical Review of World Energy 2017

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Oil companies submit technical surveys for development of Iran's Azadegan oilfield

Abadan Catalitic facilitiesThe chief executive officer of Iran's Petroleum Engineering and Development Company (PEDEC) said that Total, Inpex and Petronas have submitted findings and development proposals for the South Azadegan field in Iran

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