Once again, the drilling industry is undergoing major changes. Members are consolidating at the same time they’re expanding. An influx of inexperienced workers has intensified our need for training and competency assurance. Environmental regulations and technical challenges are getting tougher. In an exclusive interview, Drilling Contractor speaks with IADC president Dr Lee Hunt on how […]
Guest Editorial: David Payne, Chevron It is difficult to predict how long the boom the entire oil and gas industry is enjoying right now will last. Some may argue that industry fundamentals have changed enough to keep commodity prices high for a long time. Others will undoubtedly maintain a contrary view. Who’s right or wrong? […]
By Sandra Mourton, Offshore Energy Center The Offshore Energy Center is dedicated to expanding the awareness of the vast energy resources available beneath the world’s oceans and to chronicle the unique heritage and technological accomplishments of an industry that discovers, produces and delivers these resources to mankind in a safe and environmentally responsible way. A […]
By Katie Mazerov, Center for Transportation Safety Increased drilling. Rising rig count. Upward market trends. Expanded pumping capacity. From the oilfields to corporate offices, these are the words that define the nature of the oil and gas industry today — and suggest continued robust growth in the coming years. While the outlook is positive, the […]
By Lisbeth Norup Frømling, Maersk Contractors As Maersk Contractors continues to grow, maintaining high safety standards becomes increasingly important. Two new initiatives – a three-part training package and a global safety campaign – are helping to keep the company’s safety culture prominent in employees’ minds. SAFETY FOCUS Maersk Contractors is undergoing a period of substantial […]
Safety and operational performance are not mutually exclusive; they should be synonymous with each other. That’s the message that Alan McLeod, manager of engineering for ENSCO’s Europe and Africa business unit, recently took to the 12th North Sea Offshore Cranes & Lifting Conference in Stavanger, Norway. “If you handle tubulars safely and effectively, you’re also […]
By Curt Cranford, Grant Prideco and Stacey Greene, Oceaneering International Facilitating a culture change in organizations, both large and small, is a daunting task. The first basic step in this process is to identify the existing culture of the organization. One of the modern technical definitions of culture — “socially patterned human thoughts and behaviors” […]
By Ross Richardson, KCA DEUTAG; John Karish, ENSCO International Inc Safety in the workplace is an issue confronting just about every organisation involved in the potentially hazardous oil and gas industry. So when two of the world’s leading drilling and engineering contractors moved to improve their safety performance, they took the unusual step of sharing […]
By Fred Sabins, Paul Sonnier, Larry Watters, CSI Tech Exploration for natural gas shifts more and more to deeper reservoirs. Encouraging finds and increased demand reinforce the push for drilling wells with target formations deeper and deeper underground in hotter, higher-pressure conditions. This trend presents many obstacles in drilling, completion and production from these deep […]
By Drew Hembling, Salam Salamy, Abdullah Qatani, Saudi Aramco; Neale Carter, Easywell; Suresh Jacob, WellDynamics Saudi Aramco has successfully used both horizontal and MRC wells (multilateral with greater than 8 km of reservoir contact) to enhance and maximize hydrocarbon recovery from its reservoirs. In recent years, the integration of both intelligent and passive inflow control […]
30 January 2015
Chevron and BP will collaborate with ConocoPhillips to explore and appraise 24 jointly-held offshore leases in the northwest portion of Keathley Canyon...
29 January 2015
PetroQuip Energy Services successfully implemented its revolutionary toe sleeve, BigFoot, in a recent horizontal completion for an independent operator...
27 January 2015
The sharp decline in oil prices over Q4 2014, which has continued in January, is already having a significant effect on drilling activity in the US, according...
27 January 2015
Hess Corp announced a 2015 capital and exploratory budget of $4.7 billion, a 16% reduction from its 2014 actual spend of $5.6 billion. Of this, $2.1 billion (45%) is budgeted for unconventional shale resources...
26 January 2015
The oil and gas industry is constantly looking to the future. Whether this comes in the form of pushing the limits of pressure...