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Mining, Drilling and Discovery
The action, process or good fortune of discovery or discovering oil, gas or mining deposits. Disclaimer : this page is not intended for any specific nationality or jurisdiction. It is also not intended to solicit clients from any specific jurisdiction including the Republic of Mauritius inter alia.
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The miner slid the most in four years after reporting first-quarter gold production fell 11% due to operational problems at Kibali and Tongon mines.
'The drop in output did not, however, affect profits. The company, with operations in in Mali, Ivory Coast and DRC, reported first-quarter profit of $54.4 million, 13% higher than a year earlier. Sales increased 0.3% to $345.8 million.'
Schlumberger announced the launch of the MaxPull high-pull wireline conveyance system that can pull from 18,000 lbf to 30,000 lbf in wells 40,000 ft [12,192 m] deep or more. The MaxPull system’s engineered integration of wireline conveyance components brings efficiency, reliability and sticking avoidance to complex well trajectories that were not previously wireline accessible.
'The system can pull up to 30,000-lbf line tension, which is 43% higher than previously possible. Pairing the system with wireline tractors further improves well access in complex well trajectories while minimizing the number of logging runs. The system has been tested in a wide variety of well environments and trajectories in the Middle East, Europe, Asia, West Africa, and North and South America.'
The summer of 2016 has seen vast tracts of the country wilting under a scorching heat wave and water availability has been the first casualty. Regions such as Marathwada, Bundelkhand, Telangana, and
'A warm sun baked the parched land as Harishchandra Yerme trudged towards a far corner of his farm to take stock of the livestock feasting on a patch of vegetation, the leftover from the vagaries of a poor monsoon. It had been a cruel summer. The fruit farmer stopped in the shade of a tree to rest and scoffed at the expanse in front of his eyes.'
Senate told price needed to start pumping from 6,500 drilled but uncompleted wells in US "much lower than global competitors believe or would like it to be"
'After the collapse of the Doha talks to freeze production and amid a spat with the US over terrorism, the world's top producer has threatened a scorched earth policy when it comes to maintaining and growing its market share.'
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