The US Upstream Cementing Market Feels the Full Force of the Effects of COVID-19
The cementing services market size in the US is expected to drop 50% year-on-year from 2019. The significant drop in Permian Basin activity will account for 40% of the total market size reduction.
Wireline Method Offers Faster, Cheaper Plugging for Deepwater Wells
A new method for accessing and cementing hard-to-reach spaces around complex offshore wells.
Permanently Plugging Deepwater Wells Challenges Standard Operating Procedures
Well plugging and abandoning on a limited budget is a lofty goal that forces the industry to consider new ways and new materials. Cost-effectively dealing with this global problem will require developing tools to carry out the decommissioning without bringing in a drilling rig.
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