#OilmanNEWS 2016 September-October 

Oceaneering Acquires Blue Ocean Technologies for $30 Million

Houston-based Oceaneering International on Oct. 17 said that it has acquired the assets of privately owned Blue Ocean Technologies, LLC. The purchase price of $30 million includes three riserless light well intervention (RWLI) systems. Only one system is functional at this time, but the two systems under construction are expected to be completed halfway through 2017. “We are pleased to… Read More
2016 September-October Features 

2016 Product Review

A look at some of the technologies that are helping the industry stay safe and be compliant Throughout the year, we dedicate a significant amount of column inches in Oilman to the policies and market dynamics that drive the fortunes of companies in the oil and gas industry. In this issue, we’re taking a time-out to acknowledge some of the products… Read More
2016 September-October 

Oilman is Partnering With The Following Events

Well Site Facilities Onshore 2016 The Westin Galleria Houston 5060 W Alabama St Houston, TX September 28-29 http://facilities-design-onshore.com Oklahoma Oil & Gas Expo Oklahoma State Fair Park 3001 General Pershing Blvd Oklahoma City, OK October 6 http://okoilexpo.com West Texas Oil and Gas Convention Horseshoe Arena 2514 Arena Trail Midland, TX October 18-19 http://roselandoilandgas.com Permian Basin International Oil Show Ector County… Read More
2016 September-October Technology 

Hydro-cutting Tool Slices Costs On Well Abandonments

Cut-and-cap well abandonment procedures are generally dangerous, time and resource intensive processes relying on cooperative weather, and they become more complicated the worse the weather becomes. A new, innovative technological approach to an old oil and gas problem is to employ a hydro-powered-cutting tool to cut and separate the wellhead while still underground, leaving a small environmental footprint. High-pressure Water… Read More
2016 September-October 

The Art of Business Development

We hear the same problems at every meeting: “We see all of the same properties that appear on these bid sites, but those properties aren’t what we are looking for. And, on the off chance they are, we have to fight with 25 other companies to get the property. We refuse to overpay for assets, so we end up losing… Read More
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