Western-built jack up to begin Caspian Sea work
Transocean Sedco Forex Inc.'s (TSF) Trident 20 will spud its first well late this year, becoming the first new Western jack up to enter the Caspian rig fleet.
Method evaluates wellbore stimulation efficiency
A new method determines the skin factor for stimulated wells producing against constant bottomhole pressure.
Expansions hike gas-liquids production capacity off West Africa
Expansion of CMS Oil & Gas Co.'s operated offshore Alba field facilities, off Equatorial Guinea, will increase the amount of condensate and gas liquids that can be exported from an existing gas-processing plant and a methanol plant, under construction, on Bioko Island.
Finder-well concept helps chop drilling costs
Conoco UK Ltd., the North Sea arm of Houston-based Conoco Inc., is reaping benefits with its "finder-well" approach, which carefully plans a bare-bones drilling program and then freezes that plan to reduce drilling costs by 30% on average.
Alliance formed for internet collection of well data
Gruy Petroleum Management Co., a subsidiary of Magnum Hunter Resources Inc., Irving, Tex., has formed a strategic alliance and capital investment program with internet technology company Aurion Technologies Inc., of Dallas.