Archive | January/February

Contractors must deliver on performance

Posted on 29 October 2009 in 2008, January/February

Critical D&C issues with Kjell Jacobsen, Seadrill By Jeremy Cresswell, contributing editor One of the drilling sector’s biggest headline grabbers is Seadrill, with its merger and acquisition activities and its $5.6 billion order book for new tonnage, with 11 rigs scheduled for delivery this year alone. Kjell Jacobsen is the CEO of Seadrill. DC: In [...]

Industry is primed for a breakthrough

Posted on 29 October 2009 in 2008, January/February

Critical D&C issues with Rick Fontova, Enventure Rick Fontova is senior vice president for Enventure Global Technology. DC: From your perspective at Enventure, what do you see as the most critical issue facing the drilling and completion industry today? Fontova: Costs are skyrocketing. They’re actually increasing at a faster pace than the price of oil, [...]

Even above technology, industry must push training

Posted on 29 October 2009 in 2008, January/February

Critical D&C issues with Pete Miller, National Oilwell Varco Pete Miller is chairman, president and CEO of National Oilwell Varco. DC: What do you see as the most critical issue facing the drilling and completion industry today? Miller: We’re in two worlds right now. On one hand we have the oil world. Oil price levels [...]

Newbuild start-ups to bring inevitable bumps

Posted on 29 October 2009 in 2008, January/February

Critical D&C issues with Larry Dickerson, Diamond Offshore By Jerry Greenberg, contributing editor Larry Dickerson is president and chief operating officer of Diamond Offshore Drilling. DC: We are currently experiencing the longest and strongest up-cycle the offshore drilling industry has ever known. What is different about this cycle compared with the past? Dickerson: The temptation [...]

As reservoirs evolve, so do challenges

Posted on 29 October 2009 in 2008, January/February

Critical D&C issues with Keith Morley, Weatherford Keith Morley is senior vice president well construction and operations support, chief safety officer for Weatherford International Ltd. DC: What do you see as the most critical issue facing the drilling and completion industry today and what can we do about it? Morley: Well, the second part is [...]

New oil environment, new contracting model

Posted on 29 October 2009 in 2008, January/February

Critical D&C issues with Sverre Skogen, Hugh Mackay, AGR By Jeremy Cresswell, contributing editor AGR is one of a small but increasingly influential cadre of companies that have successfully built businesses around portfolio-based, packaged well construction management and related boutique services. Sverre Skogen is this Norwegian group’s CEO and Hugh Mackay is its business development [...]

Recruiting talent is key challenge

Posted on 29 October 2009 in 2008, January/February

Critical D&C issues with Rustom Mody, Baker Oil Tools Rustom Mody is director of technology for Baker Oil Tools. DC: From your perspective at Baker Oil Tools, what do you see as the most critical issue facing the drilling and completion industry today? Mody: Talent. In order to sustain growth in our industry, we need [...]

Personnel is acute global challenge

Posted on 29 October 2009 in 2008, January/February

Critical D&C issues with Dennis Smith, Nabors Dennis Smith is director of corporate development for Nabors Industries. DC: With E&P activity at one of its highest levels worldwide, what do you consider to be the greatest obstacle that drilling contractors and other companies are facing? Smith: I think the greatest obstacle continues to be people. [...]

Raising recovery rate is industry imperative

Posted on 29 October 2009 in 2008, January/February

Critical D&C issues with Vik Rao, Halliburton Vik Rao is senior vice president of technology for Halliburton. DC: What do you see as the most critical issue facing the drilling and completion industry today? Rao: I would say the biggest issue is simply meeting demand. Inability to meet demand is why prices are so high [...]

Safety focus is key amid personnel shortage

Posted on 29 October 2009 in 2008, January/February

Critical D&C issues with Zuhair Al Hussain, Saudi Aramco Zuhair Al Hussain is general manager, drilling & workover for Saudi Aramco. DC: From your perspective at Saudi Aramco, what do you see as the most critical issue facing the drilling & completion industry today? Al Hussain: The most critical issue is safety. Shortage in manpower, [...]

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