Gulf Oil and Gas accountACCOUNT

Schlumberger Wins Statoil Wireline Logging Contract

Source: www.gulfoilandgas.com 8/23/2012, Location: Europe

Statoil has on behalf of all exploration and production licenses awarded a four-year contract for electric wireline logging services on the Norwegian continental shelf (NCS) to Schlumberger.

"High quality logging services is fundamental to characterise reservoirs in the exploration and production phase. This increases our precision of estimating hydrocarbon volumes and increases recovery", says senior vice president of Exploration in Statoil, Erling Vagnes.

The awarded contract of above BNOK 2 covers provision of electric wireline logging services such as open hole logging, cased hole logging, borehole seismic and perforation services. The contract acquires Schlumberger to use advanced technological equipment, apply new technology and come up with innovative solutions for formation evaluation and drilling and well operations. Schlumberger is well known to Statoil and has proven ability to handle Statoil's work scope with its solid organisation, technology and substantial experience.

"This contract is given to Schlumberger based on a combined technical and commercial evaluation. Formation evaluation is an important part of effective and cost efficient exploration and optimal reservoir drainage, the basis for high recovery rates", says head of drilling and well in Statoil, Oystein Haland. The contract applies for all exploration and production licenses on the NCS. The contract will run from 1 February 2013 and holds the possibility of several extensions.

Formation Evaluation News in Norway >>

Norway >>  6/24/2019 - Wood has secured two new contracts from Equinor for onshore and offshore facilities in Norway. The contracts continue Wood’s successful track record o...
United Kingdom >>  6/24/2019 - Kvaerner has entered into a contract with Shell UK to perform an early phase design engineering of the planned Jackdaw wellhead platform on the United...

United Kingdom >>  6/19/2019 - Marginal Field Development Company (MFDevCo) is pleased to announce that it has entered into a collaboration agreement with Petrofac for the pursuit o...

Related Categories: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 

Related Articles: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 


Norway Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.