News

  • F1600HL Mud Pump Fluid End Features

    The fluid end consists of three interchangeable suction cylinder and discharge cylinder, the suction valve is mounted in the suction cylinder, the discharge valve is fixed in the discharge cylinder, the suction and discharge valve are installed and dismounted through the valve cover bore. The suc...
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  • F1600HL Mud Pump Power End Features

    The crankshaft is made of cast alloy steel and furnished withherringbone gear, connecting rod and bearing. The tooth form of the big-geared ring is herringbone gear. The gear bore and the crankshaft surfaces are interference fitted and they are both fastened with bolts and lock nuts. The big end ...
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  • Oil Oscillates Between Gains and Losses

    (Bloomberg) — Oil oscillated between gains and losses as an uncertain economic outlook overshadowed signals of a tighter crude market with Iraq pledging to make extra output cuts this month. Iraq will cut production in August by an additional 400,000 barrels a day to compensate for missing ...
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  • Oil Up with US Stockpiles Shrinking

    (Bloomberg) — Oil extended gains after closing near a five-month high in New York on Wednesday as U.S. crude stockpiles declined more than expected, offsetting expanding fuel inventories and softer demand. Crude stockpiles slid to the lowest level since April, falling more than double the m...
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  • Gulfport posts second quarter net loss of $561 million

    Gulfport Energy Corp. reported a net loss of $561.1 million for the second quarter of 2020. The company reported adjusted net income of $47.1 million for the quarter. Cash from operating activities was $116.4 million for the quarter and operating cash flow, excluding working capital changes, was ...
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  • Turkmenistan adding new units at Turkmenbashi, Seydi refineries

    Turkmen Petroleum Co.'s Seydi oil refinery. Turkmen Petroleum Co.’s Seydi oil refinery. Photo from Turkmen Petroleum Co. Turkmenistan is proceeding with construction of new units at its Turkmenbashi Complex of Oil Refineries (TCOR), which includes it Turkmenbashi and Seydi refineries. ...
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  • Thai Oil lets contract for Sriracha refinery’s clean fuels project

    Thai Oil PLC has let a contract to McConnell Dowell Corp. Ltd. to provide civil works for the previously announced Clean Fuel Project (CFP) at its 276,000-b/d refinery at Sriracha, in eastern Thailand’s Chonburi province (OGJ Online, Oct. 19, 2018; Apr. 11, 2017). McConnell Dowell’s scope of work...
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  • Neptune Energy confirms significant discovery at Dugong well

    Neptune Energy and its partners announced the commercial discovery of oil at the Dugong well (PL882) in the Norwegian sector of the North Sea. The volumes are estimated to be in the range of 6.3 – 19 million standard cu m of recoverable oil equivalent, or 40 – 120 million BOE. In addition, the Du...
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  • Valve & Seats of Qingdao HNA Oilfield Equipment Manufacturing Co., Ltd

    Full Open roughneck style valve is designed for maximum flow characteristics. HNA full open drilling valves combine the strength of a forged alloy steel upper body with precision casting to minimize flow restriction and fluid turbulence.The forged, solid valve body construction, of this valve, wi...
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  • MUD PUMP Frame and Skid

    Pump frames suffer from stress and fatigue cracking at the front-end bulkhead, pinion, crankshaft, and bearing support areas, so Qingdao HNA has paid particular attention to the strength of the frame and the way it’s manufactured. The material is a hot rolled premium steel plate with the longitud...
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  • DOE Releases Policy Extending LNG Export Term

    The U.S. Department of Energy (DOE) is issuing a final policy statement that allows for liquefied natural gas (LNG) exports to non-free trade agreement (non-FTA) countries to be extended to 2050. The DOE originally proposed the 2050 term extension, which marks a policy change from the current pra...
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  • Shale Drillers Signal Bleak 2020

    (Bloomberg) — Three shale explorers signaled a grim rest of 2020 for the U.S. oil patch just hours after President Donald Trump arrived in the Permian Basin championing “American energy dominance.” In second-quarter earnings reports published after the close of trading in New York, QEP Reso...
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