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Repsol Taps Halliburton to Support UK North Sea Operations

Rigzone

“The company will deliver a rigless intervention framework that enables Repsol Resources UK to optimize well construction, production, and intervention to maximize plug and abandonment operations”, Halliburton added. announced a deal to consolidate their UK North Sea assets.

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U.S. shale producers unlikely to boost drilling despite Trump’s call

Oil & Gas 360º

a barrel, after an earlier rally faded. million barrels a day, more than Saudi Arabia and Iran combined, and companies in its shale basins have a unique ability to ramp up output quickly — within about 6 to 9 months — with the right oil-price incentive. Trump called to increase in U.S. West Texas Intermediate declined 4% at 12:47 p.m.

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US oil producers face new challenges as top oilfield flags

Oil & Gas 360º

million barrels per day (bpd), a record level and nearly half the all-time high 13.5 Producers are dealing with rising levels of water and gas per barrel produced, which is slowing growth and driving up costs. At 12-to-1, it would be nearly $8 a barrel. President Donald Trump in his drill, baby, drill mantra.

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