Drichels Energy Inc. is a Calgary based independent oil and gas company that provides diverse petroleum engineering services from reservoir simulation, oil & gas asset evaluation & management, field development planning, well operations, and hydrocarbon resources management. We work with our client to create value and optimize cost by reducing risks, improve and increase oil recovery and reserves and enhance further understanding of producing reservoirs.
The Nigerian National Petroleum Corporation (NNPC) has claimed the country’s crude oil and gas reserves are declining at a fast pace. The organisation’s managing director, Maikanti Baru, saidNNPC was ready to cooperate with stakeholders and exploration companies to increase Nigeria’s reserves and productivity in the petroleum sector. More from IBTimes UK Revealed: Five most dangerous […]
BHP Billiton sees oil and gas markets rebounding faster than its mined commodities as it considers potential acquisitions and weighs as much as US$5 billion in project spending. The world’s biggest miner, which booked writedowns of $7.2bn against its US shale unit earlier this year, said recovering oil prices and efforts to lower costs are […]