Latest Technology

HydroVolve, an energy technology firm, has launched GeoVolve HAMMER, a percussive drilling system that the company believes can cut well capital expenditure of geothermal wells by 50%.The technology uses percussive impulse energy to fracture the rock ahead of the drill bit, enabling deep drilling into hot, hard rock. Operated simply by the flow of pressurized drilling fluid, it is an all-metal construction, allowing it to operate in hazardous environments at extreme temperatures for extended periods.Currently, the cost of geothermal drilling can account for up to 50% of total well project costs, with the majority of spend due to time spent

Schlumberger announced today at the International Petroleum Technology Conference (IPTC) the introduction of the GeoSphere 360* 3D reservoir mapping-while-drilling service. The service leverages advanced cloud and digital solutions to deliver real-time 3D profiling of reservoir objects. This improves reservoir understanding and enhances well placement to maximize returns from complex reservoirs.“GeoSphere 360 service is the pinnacle of reservoir mapping while drilling and the first in a series of digitally enabled technologies and services that we will bring to market this year. Unlike conventional technologies, 3D reservoir mapping while drilling identifies fluid bodies and faults—at a volumetric reservoir scale—which is unique in

Halliburton Company (NYSE: HAL) today introduced Obex™ IsoLock™, a new compression-set packer that prevents sustained casing pressure (SCP). The Obex IsoLock packer collar serves as an effective barrier to mitigate fluid migration and support multiple-stage cementing through integrated stage cementing ports in the tool.The Obex IsoLock packer collar, which is part of the Halliburton family of compression-set packers, provides a mechanical barrier that bridges the cost and capability gap between an inflatable packer/cementer and a premium gas-tight packer. Built on Halliburton’s proven gas-tight Obex GasLock™ packer design, the packer collar provides increased reliability and ISO14310 V3-rated pressure-holding capacity over inflatable