The US drilling rig count increased a mere 3 units during the week ended Feb. 24 following 5 straight weeks of double digit gains, according to Baker Hughes Inc. data. A light week of activity was headlined by 3-unit rises in each of the Permian and Eagle Ford, where US exploration and production firms are seizing new opportunities created by steadier crude oil prices, newly acquired acreage near existing operations, advanced drilling and completion technology, and more productive wellsRead More
Yokogawa United Kingdom has received an order from the British Pipeline Agency Limited (BPA), a provider of engineering and operational services to the oil and gas pipeline sector, to supply a management and control system for a multi-product fuel pipeline system. This project will replace BPA’s existing pipeline management and SCADA systems.Read More
Tracing components through the entire production process and then analysing the data to help optimise production has been a goal in the industrial environment for some time. High-precision processes can be improved by implementing component identification with UHF RFID technology, says Ingo Hecker.