Drilling Magazine Media Intelligence, Contextual Wisdom

State-held Nigerian National Petroleum Corporation (NNPC) aims to make its exploration and production unit—the Nigerian Petroleum Development Company (NPDC)—the top oil producer in the country, local media quoted NNPC group managing director Maikanti Baru as saying. NNPC aims to make NPDC the top E&P company operating in Nigeria and rivaling in terms of production Shell and the other international oil majors. Currently, ...

LONDON (Bloomberg) — While plunging output in Venezuela captures the oil world’s attention, problems are quietly festering in another OPEC nation. Angola, once Africa’s biggest crude producer, is suffering sharp declines at under-invested offshore fields, with output dropping almost three times as much as the nation pledged in an accord with fellow OPEC members. With the losses set to accelerate — ...

Smart Well Technology From Ontology to Application Smart Well can be defined as a technology actually pertinent to complimentary equipment, monitoring the wellbore properties, collecting, transmitting or analyzing well and reservoir production data, then taking measures regarding segregating the well, sealing portions of the wellbore, and regulating the flow. These measures are carried out in a bid to enhance well ...

STAVANGER — Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, has announced that both new infill wells drilled this year on Tambar field in Norway (Faroe 45%), have now been brought successfully into production. We also provide an update on the Fogelberg well operation, in which a ...

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