article thumbnail

Baker Hughes Scores Plug and Abandonment Job from Equinor

Rigzone

Image by JHVEPhoto via iStock Baker Hughes Company was selected by Equinor ASA to provide plug and abandonment services in the Oseberg East field on Norway’s continental shelf. To manage the project, Baker Hughes said it will set up a Plug and Abandonment Centre of Excellence in Bergen and Stavanger.

article thumbnail

ConocoPhillips announces oil find at Slagugle discovery in Norwegian Sea

Oilfield Technology

After the completion of operations, the well was permanently plugged and abandoned. The possibility for additional volumes in the lower Åre Formation and Upper Grey Beds, which were not included in the production test, represents an upside potential for the project.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Halliburton awarded five year contract in UK North Sea by Repsol Resources UK

Oilfield Technology

The company will deliver a rigless intervention framework that enables Repsol Resources UK to optimise well construction, production, and intervention to maximise plug and abandonment (P&A) operations.

article thumbnail

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

Oil & Gas 360º

“For the upstream players to abandon capital discipline on a geopolitical event like this is unlikely,” said Dan Pickering, chief investment officer at Pickering Energy Partners in Houston. Price spikes from geopolitical event rarely last, said Al Salazar, head of macro oil & gas research at energy consultant Enverus.

article thumbnail

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.

article thumbnail

California Governor Proposes to Ease Permits for Oil Drilling

Rigzone

The bill would establish “plug-to-drill” permitting until 2036 where two wells would have to be plugged and abandoned before a new one is drilled. In addition, drillers no longer would need well approval from the Geologic Energy Management Division, known as CalGem, so long as certain conditions are met.

Oil
article thumbnail

USA Threatens to Abandon IEA Over Green Leaning Energy Forecasts

Rigzone

0% Brent Crude $68.41 -0.16% Natural Gas $3.58 +0.82% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS USA Threatens to Abandon IEA Over Green Leaning Energy Forecasts by Bloomberg | Ari Natter | Wednesday, July 16, 2025 | 4:00 PM EST The agency has predicted that global oil demand will plateau this decade.