Drilling Contractor Get the latest oil drilling news with DrillingContractor.org

Following a rigorous research and development program, Aberdeen-headquartered casing and completion technology business, Deep Casing Tools, has launched a completely new, unique tool to the well construction market. The mechanically lockable Drill Pipe Swivel has been developed, tested and brought to market by the firm’s in-house engineering team. Using their extensive industry knowledge and experience, the team have created a unique and innovative tool which addresses the challenges inherent in landing completions and liners at target depth. The patent pending tool has been robustly tested across a range of settings and circumstances. In addition to life and workshop testing, the Drill Pipe Swivel has also been tested in tension, under compression, and under a severe dogleg, and for extended periods of time. Throughout this process, the ...

For professionals in the drilling industry who are tasked with improving the cybersecurity of their organization, a common challenge is being able to clearly define the ongoing cost for each rig to implement a cybersecurity technology, as well as clearly articulating the technology’s benefits. However, it’s important that a clear business case be made to management based on facts in order to secure long-term funding for an organization’s cybersecurity needs. In this video from the IADC Cybersecurity Workshop on 13 December in Houston, Ben Ramduny, Co-Chairman of the IADC Cybersecurity Committee, also talks about key takeaways for workshop participants, as well as the value of continued participation in the IADC Cybersecurity Committee. Watch the video for more information.

The outlook for offshore oilfield service contractors is strong. More than 100 new projects are aiming for 2019 sanctions. An expected $210 billion will be spent on offshore oilfield services globally next year, according to Rystad Energy’s latest project sanctioning report. Offshore contractors have experienced four consecutive years of declining revenues, but those still standing can expect revenues to start growing again next year. “The offshore service market is like a super tanker: It takes time to accelerate,” Audun Martinsen, Head of Oilfield Service Research at Rystad Energy, said. “The uptick in new projects in 2017, 2018 and now 2019 will be enough to turn revenue growth positive to mid-single digits as offshore capex is set to increase due to ...

In response to the challenges of effective water injection in fractured reservoirs, Tendeka has launched a new technology to optimize oil production. As an addition to their extensive range of advanced inflow control technology, FloFuse can increase oil recovery by improving injected water conformance in fractured reservoirs or by ensuring effective placement of matrix stimulation acids. When installed across a segmented wellbore, FloFuse autonomously chokes back injection into thief zones or large fractures that dominate the outflow profile and ensures effective injection into the rock matrix or fracture structure. This prevents early water breakthrough into production wells, thereby, increasing total oil recovery and reducing water production. By triggering at a pre-determined flowrate, it reduces the outflow area in the completion ...