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Weatherford Production Optimization Software Boosts Revenue by $156M, Increases Production
June 25, 2020
Weatherford International said its Production Optimization Software Platform increased production by nearly 6,000 barrels per day, boosting revenue by $156 million over three years for a Middle East operator. The Weatherford production optimization software platform enabled the customer to automate
Blackline Safety and NevadaNano Revolutionize Combustible Gas Detection with New Innovation
June 25, 2020
Blackline Safety has partnered with NevadaNano to add the new Molecular Property Spectrometer™ (MPS™) Flammable Gas Sensor to its G7 lineup of connected safety wearables. Together, Blackline and NevadaNano are driving combustible gas detection into the future with the MPS
Schlumberger Enters Collaboration Agreement with CNPC for Wireline Downhole Technology
June 24, 2020
Schlumberger announced today that it has entered into a collaboration agreement with China Petroleum Logging Co. Ltd , a subsidiary of China National Petroleum Corporation (CNPC), to jointly manufacture wireline downhole technology in China. The agreement will strengthen the commercial
Black Bear Transmission Selects Quorum Software to Manage All Pipeline and Measurement Needs
June 23, 2020
Quorum Software said that Black Bear Transmission has selected Quorum gas pipeline software, gas measurement software, and measurement services to support its growing operations. To ensure the delivery of reliable gas supply and accurate information to customers, Black Bear needed
Aker Solutions Launches New Workover System for Offshore Oil Fields
June 17, 2020
Norwegian engineering and contracting firm Aker Solutions has introduced a workover system designed to enable faster and more cost-effective planned interventions for offshore oil and gas fields. The modified workover system will enable safe well access for subsea installation and
East Daley Capital Launches New Solution to Channel Check Midstream Energy Companies
June 16, 2020
East Daley Capital Advisors launched its Capital Markets solution comprised of industry-leading financial models and reports that are now paired with its asset-level, data-driven company dashboards, board reports, company blueprints, and roadmaps that channel check companies in the midstream energy
Cold Bore Technology Launches Beta/Commercial Test of Pioneering Frac Action Optimization Software
June 16, 2020
Cold Bore Technology will initiate beta testing of its latest software product ‘Frac Action’ with select operators in the coming days. Developed in-house, the Frac Action graphing software allows frac operators, for the first time, to overlay high resolution, real-time
Autonomous Drone Inspections Move Step Closer After Successful Test
June 12, 2020
A drone has successfully inspected a 19.4 meter high oil tank on board a Floating Production, Storage and Offloading vessel. The video shot by the drone was interpreted in real-time by an algorithm to detect cracks in the structure. It
EcoCatalytic Successfully Scales Up Ethylene Production Process, Reduces CO2 Emissions by Over 80%
June 11, 2020
EcoCatalytic Inc. has successfully scaled-up a new, lower environmental footprint process for the production of a key petrochemical building block. Commercialized, EcoCatalytic’s new process will reduce CO2 emissions for ethylene production by over 80 percent compared to conventional steam cracking.
Wintershall Dea Working with Cognite to Scale Digitalization Efforts Globally
June 10, 2020
In a commitment to continue to drive value through digital, Wintershall Dea has entered a four year contract with Cognite and will use their flagship Software as a service (SaaS) product Cognite Data Fusion (CDF), to scale digitalization solutions across
