By Linda Hsieh, assistant managing editor While most 14-year-old boys in the ’60s spent their summers riding bikes or reading comic books, Gary Casswell spent his summer vacations on drilling rigs learning how to make hole. Thanks to his father’s job as a rig mechanic, Mr Casswell got an early start on everything from cleaning […]
David Williams named Noble chairman, CEO, president Noble Corp announced that its Board of Directors has named David W Williams as chairman of the board, chief executive officer and president of Noble. William A Sears has held these offices on an interim basis since 20 September 2007. Mr Williams joined Noble in September 2006 as […]
Commissioning of BP’s record-setting Atlantis platform completed BP announced it has completed commissioning of the Atlantis semi-submersible platform in the deepwater Gulf of Mexico and commenced the export of oil and gas from the deepest moored floating oil and gas production facility in the world. The water depths and reservoir structure make Atlantis among the […]
Diamond Offshore announces new drilling contracts Diamond Offshore Drilling has been awarded four drilling contracts from Petrobras. The commitments for the four semisubmersibles could generate a combined maximum total revenue of about $2.3 billion and represent 22 years of contract drilling backlog. The Ocean Worker received a six-year commitment. It is currently working in Tobago […]
By Linda Hsieh, assistant managing editor TO THE AVERAGE energy consumer, the oil and gas industry probably looks like it’s sitting on top of the world with nary a dark cloud on its horizon. Oil prices are breaking record highs even as energy demand continues to grow. And all we’ve got to do is dig […]
IADC awarded for outstanding international safety leadership The International Regulators Forum (IRF) has named IADC a recipient of the 2007 Carolita Kallaur Award for Outstanding International Safety Leadership. The award recognizes IADC’s latest contribution to improving safety in drilling operations — the IADC Health, Safety and Environmental Case Guideline. The HSE Case Guideline, introduced in […]
John Lindsay, Chairman Helmerich & Payne International Drilling Company John Lindsay is executive vice president of US and international operations for Hemlerich & Payne IDC. He assumed his current position in March 2006. Prior to this appointment, Mr Lindsay had served since 1997 as H&P vice president-US land operations. Mr Lindsay joined H&P in 1987. […]
IADC to support Noble court appeal IADC has agreed to file an amicus curiae brief at the Texas Supreme Court in support of Noble Drilling Inc. The company is appealing a decision holding that an offshore worker is entitled to Jones Act compensation for injuries allegedly sustained by the company’s failure to follow the operator’s […]
By John Lindsay, 2008 IADC Chairman I am honored to serve as 2008 chairman of the International Association of Drilling Contractors. It is all the more exciting to chair IADC in such exciting times for our business. Today’s oil and gas industry operates at a breakneck cycle and represents a long-awaited upturn in our business. […]
Petrobras’ ambitious PROPOÇO a ‘road map’ for optimizing well construction performance By Wajid Rasheed, contributing editor Key Performance Indicators (KPI) are routinely used by oil companies to measure operational performance. In drilling, for example, a common indicator is a depth vs days curve, in which specific well construction events are plotted against the duration or […]
28 January 2015
Chevron will collaborate with BP and ConocoPhillips to explore and appraise 24 jointly-held offshore leases in the northwest portion of Keathley Canyon in the deepwater Gulf of Mexico...
28 January 2015
BP has formed a new ownership and operating model with Chevron and ConocoPhillips to focus on moving two significant BP Paleogene discoveries closer to development...
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, as...
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...