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Risk-Based Approach to Valve Testing in Wells Could Save $10m Annually Per Asset

2015-06-25 09:53:00| Offshore Technology

Reducing expenditure while continuing to improve safety and reduce risk is a key driver for the oil and gas industry especially in today's cost-constrained environment. DNV GL and ExproSoft are now joining forces to offer a risk-based approach to tes

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Offshore Installation Services to decommission four subsea wells in North Sea

2015-06-24 01:00:00| Offshore Technology

Canada's Antrim Energy has awarded a contract to Offshore Installation Services (OIS) to permanently plug and abandon four subsea wells in the UK Central North Sea.

Tags: services north sea installation

 
 

US mid-continent seismicity linked to high-rate injection wells

2015-06-18 23:02:00| Climate Ark Climate Change & Global Warming Newsfeed

ScienceDaily: A dramatic increase in the rate of earthquakes in the central and eastern U.S. since 2009 is associated with fluid injection wells used in oil and gas development, says a new study by the University of Colorado Boulder and the U.S. Geological Survey. The number of earthquakes associated with injection wells has skyrocketed from a handful per year in the 1970s to more than 650 in 2014, according to CU-Boulder doctoral student Matthew Weingarten, who led the study. The increase included several...

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Railroad Commission: Disposal wells not to blame for 4.0 quake that hit Venus

2015-06-13 18:13:58| Oil & Gas - Topix.net

The Texas Railroad Commission found no link between the largest earthquake to hit North Texas and nearby disposal wells, the agency announced Friday. The 4.0 magnitude earthquake that hit Venus on May 7 prompted regulators to temporarily shut down five disposal wells within a 100-square-mile radius.

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Exxon Mobil Corporation (NYSE:XOM): Wells Are Not Earthquake Machines

2015-06-12 07:45:02| Chemicals - Topix.net

Exxon Mobil Corporation subsidiary XTO Energy on Wednesday denied that injection wells are behind the Texas earthquakes, says a report from Dallas News. One of the biggest firms in the oil and gas space , XTO Energy said the series of quakes that stuck Texas towns of Azle and Reno, northwest of Fort Worth in 2013 and 2014, were natural.

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