Press Archives 2007 - 1997


May 25, 2007

WellDynamics Names Derek Mathieson Acting President and CEO. Mathieson brings strong background in business development and technical experience to role.
May 17, 2007

WellDynamics Norge a.s. Awarded North Sea Advanced WellSteering Framework Agreement by Hydro. Project Will Provide Capabilities to Steer Well Stream from Individual Well Branches in Three Fields.
May 1, 2007

WellDynamics, Expro to Integrate Intelligent Well Completion and Wireless Telemetry Technologies. Collaboration Will Improve Reservoir Management with Better In-Well Monitoring and Control.
January 24, 2007

Saudi Aramco, the world’s largest oil company, and WellDynamics, the leading provider of intelligent upstream completion technology, announced that they are jointly developing a range of new technologies for multizone, multilateral intelligent completions.
September 26, 2006

Landmark and WellDynamics Form Relationship. Jointly-developed closed-loop production optimization solutions will allow users to balance multiple objectives and deliver optimum results in even the most complex assets.
December 12, 2005

Oil and gas intelligent completion specialist WellDynamics has acquired the Production Technology (ProTech) business of John Wood Group PLC ( “Wood Group” ) for an initial consideration of $24.5m plus an additional working capital payment.
August 24, 2005

Intelligent completion specialist WellDynamics and BP have signed a multi-well contract for the provision of SmartWell® downhole flow control and ancillary completion equipment to manage water injection in BP’s deep water, Greater Plutonio development, in Angola, West Africa.
June 6,, 2005

Brunei Shell Petroleum Sdn Bhd (BSP) have awarded oil and gas SmartWell® intelligent completion specialist WellDynamics a five year, multi-well contract for the provision of intelligent completions for the Champion West Phase III oil and gas development, offshore Brunei.
November 11, 2004

WellDynamics, a joint venture company of Halliburton Energy Services and Shell Technology Ventures, announced today that Rick Luke has joined the company as Chief Financial Officer.
 
August 10 , 2004

WellDynamics and Halliburton have successfully finished the first installation of an intelligent completion in the Mars field for Shell Exploration & Production (Shell) in the Gulf of Mexico.
 
July 13 , 2004

Halliburton (NYSE: HAL) announced today that Phil Longorio has been named the chief executive officer of WellDynamics BV.

 
April 6, 2004

A SmartWellŽ intelligent completion has been successfully installed by oil and gas services company WellDynamics for BHP Billiton in its Scindian field, Australia. This landmark project marks the first intelligent subsea well installation in this part of the world.

 
September 3, 2003

Oil and gas SmartWell® intelligent completion specialist WellDynamics has been awarded a three year, multi-well contract for the provision of intelligent completions for the Sapphire deepwater subsea gas development, offshore northern Egypt .

 
August 26, 2003

Oil and gas SmartWellŽ intelligent completion specialist WellDynamics has installed its 100th intelligent completion. This is an industry milestone achieved by the company's continual investment and development of the technology, and the dedication and commitment of all 210 employees world-wide.
 
July 23 , 2003

WellDynamics announced it has been awarded a two year call off contract by Brunei Shell Petroleum Sendirian Berhad (BSP) for the supply of SmartWell® intelligent completion equipment and services. Equipment and services for the Champion West Phase II development will be procured under this contract.
 
June 9 , 2003

WellDynamics Norge today announced it has been awarded a three-year contract with two two-year extension options with Statoil. The contract, from May 2003 to June 2006, includes the delivery and installation of downhole instrumentation and control systems to a minimum of three Snorre B Wells.  

April 17 , 2003

WellDynamics Inc has completed the installation of all six subsea SmartWell® Completions for TotalFinaElf E&P USA and Marathon Oil Company's Gulf of Mexico deepwater projects.

February 20 , 2003

The installation of the world's first triple zone/gravel pack subsea SmartWell® has been successfully completed by oil and gas services company WellDynamics for Nigerian Petroleum Development Company Limited (NPDC) and Agip Energy & Natural Resources Ltd (AENR).

November 18, 2002

The first installation of four planned SmartWell® completions has been successfully accomplished by oil and gas services company WellDynamics for Shell Exploration and Production (SEPCo) in the Gulf of Mexico.

April 12, 2000

Halliburton Company (NYSE:HAL) today announced that the Company has declared unconditional its offer to acquire the approximately 74 percent of PES (International) Limited shares not currently owned by Halliburton. Holders owning 100 percent of the PES shares not already owned by Halliburton have accepted Halliburton's offer.

May 7, 1997

Halliburton Energy Services and Petroleum Engineering Services (PES) announced today the purchase by Halliburton of a 26% ownership interest in PES.

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