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ConocoPhillips announces oil find at Slagugle discovery in Norwegian Sea

Oilfield Technology

The appraisal well was drilled approximately 22 km north-east of the Heidrun field and 270 km north of Kristiansund. The Deepsea Yantai drilling rig, operating in a water depth of 341 m, was utilised for the drilling. The well results have confirmed the presence of oil and provided essential data for potential development.

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1/4 Century: What Was the Oil and Gas Industry Like in the Early 2000s? Part 2

Rextag

Technology Takes Hold: The introduction of hydraulic fracturing and horizontal drilling unlocked resources once deemed inaccessible, enabling recovery rates 30% higher than traditional methods. unconventional gas market, dominating the hydraulic fracturing sector. By 2005, analysts predicted the Bakken contained 4.3