By Linda Hsieh, associate editor Graduating with honors at the height of the boom in 1980 with a petroleum engineering degree, Kevin Lacy had his pickings. His five summer jobs had given him a taste of drilling, production and reservoir engineering, but he wanted to learn things first-hand, and he knew it was drilling that […]
Transocean, GlobalSantaFe announce merger Transocean and GlobalSantaFe have announced an agreement for a merger of equals. The combined company will be known as Transocean and will have a global fleet of 146 rigs. The merger “will enhance our high-end floater fleet, including five newbuild ultra-deepwater units, while growing our position in the worldwide jackup market, […]
By Greg Anderson, Randy Smith Training Solutions Culture is described as the beliefs and behaviors handed down from one generation to the next. In the workplace, each new employee and contractor represents the next generation of a company. This can be an opportunity or a continuing challenge, because these new people will adopt the safety […]
BHP Billiton-operated rigs set benchmarks for subsalt, deepwater drilling in Gulf of Mexico BHP Billiton Petroleum announced that two company-operated drilling vessels have set new benchmarks for subsalt, deepwater drilling in the US Gulf of Mexico. On 17 May 2007, while working on a development well on the Shenzi oil and gas field, the GSF […]
KCA DEUTAG, Bentec unveil new rig design KCA DEUTAG and Bentec Drilling and Oilfield Services unveiled the first of a new land rig design, called the Nomad Class, developed for desert terrain conditions such as North Africa and the Middle East. A second Nomad Class rig is scheduled for completion in September 2007, with further […]
Mike Killalea, Editor & Publisher In Houston at press time, we watch with wary eye as the first hurricane (Dean) and tropical storm (Erin) enliven the Gulf of Mexico. Both were forecast to swing wide of oil developments. Given cyclonic unpredictability, though, on alert we remain. (See p 68 for a case study in hurricane […]
DC_Sept07_NewsCuttings IADC to use DNV’s worldwide network to expand audits In a move that could pave the way for expansion of its accreditation and certification efforts, IADC has signed an agreement with Det Norske Veritas (DNV) to utilize the company’s extensive worldwide network of auditors to assist in monitoring accredited training providers. “One thing that […]
Times are great, drilling activity is humming, but what about tomorrow? How will contractors, operators and service firms handle the squeeze of people and equipment that looms? On the other hand, will the current newbuild bonanza bust our business with oversupply? How can technology race to the rescue in an era of elusive hydrocarbons? The […]
Australian government boosts E&P The Australian government has announced a boost to petroleum exploration in Australian waters, with 11 new offshore permits awarded to exploration companies from the US, France, China, India and Australia. In total, the companies will invest more than AUD$800 million over six years, taking total investment in the 2006 offshore petroleum […]
It’s been a demanding yet rewarding year for IADC operations since last year’s Annual Meeting in San Antonio. Major victories have been claimed in government affairs. Accreditation & certification programs gained increasing recognition worldwide. Technical, regulatory and safety achievements were made both onshore and offshore. And all efforts have benefitted IADC members — in Europe, […]
04 March 2015
Sperry Drilling, a Halliburton business line, has set field records with the Quasar Pulse Service, the only M/LWD service capable of operating in harsh environments up to 392°F...
03 March 2015
Kosmos Energy announced that the CB-1 exploration well located in the Cap Boujdour permit area offshore Western Sahara encountered hydrocarbons. The well penetrated...
02 March 2015
Maersk Drilling has been awarded a contract from Eni Ghana Exploration and Production, an Eni subsidiary, for employment of the newbuild drillship Maersk Voyager...
02 March 2015
The trend among drilling contractors to install walking systems on rigs has solved a major logistical problem for operators on multiwell pads – negating the need for costly...
26 February 2015
The Japanese word “hakuryu” means “white dragon.” In Asia, dragons are strongly associated with oceans. They also represent power and blessings...