Tradequip Blog & Oilfield Industry News

Intelligent oil fields: Digital Oilfield Technology  The oil industry has been slow to wake up to the opportunities of digital technology but this is changing. Major energy companies including BP, Shell, Eni and Statoil amongst others, are employing Digital Oilfield (DOF) technologies in their offshore drilling and production operations, for many years. As a result, […]

SpectraSphere service uniquely enables the understanding of reservoir properties while drilling for improved reservoir characterization, well placement and reduction in overall well construction cost HOUSTON, May 3, 2017—Schlumberger today launched the new SpectraSphere* fluid mapping-while-drilling service at the 2017 Offshore Technology Conference. The service is the industry’s first to deliver downhole fluid composition during drilling […]

Shale oil is redefining our domestic oil and gas output potential Shale oil is a big deal these days. Though shale oil has been documented as a global fuel source back to the late 1400’s, the recent advances in extraction and refining technologies have moved this resource onto the center stage. It is estimated that […]

Drilling companies are excited at the potential for new, productive deep-water sites The message at the Deutsche Bank 2013 Leverage Finance Conference was simple – ultra-deep water drilling is going to get hot, fast! Leading offshore drilling group, Pacific Drilling, delivered a presentation on the oil production possibilities that may emerge from several well-researched oil […]

New ratings available for offshore drilling and production  Houston, Texas– Caterpillar Inc. is pleased to announce the availability of higher rated Cat® 12CM32C and 16CM32C generator sets, offering industry-leading power densities.  Designed specifically for offshore drilling and production applications including drillships, semi-submersible rigs, FPSOs and production platforms, these generator sets offer 560 bkW per cylinder, […]