Archive | November/December

Perspectives: On his rigs, don’t just talk about safety. Walk the talk.

Posted on 19 November 2008 in 2008, Departments, November/December

Going from Louisiana to Tunisia after graduating from Northwestern State University in 1976, Larry Holloway was excited about his first international…

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People, Companies & Products

Posted on 19 November 2008 in 2008, Departments, November/December

NOV Elmar has opened a new facility in Dubai, expanding its premises in the region to almost 40,000 sq ft and increasing staff to over 50…

Drilling Ahead

Posted on 18 November 2008 in 2008, Departments, November/December

Attitudes of DC readers toward anticipated oil prices have turned upside down in just six short months. A survey conducted on 1 April of subscribers to eNews from DrillingContractor.org, DC’s electronic newsletter, found that two-thirds of our discerning readers (66.2%) believed oil prices would exceed $100/bbl by 1 April 2009…

Oil’s ‘wild ride’ over for now; natural gas heads into soft

Posted on 18 November 2008 in 2008, Features, Global and Regional Markets, November/December

The days of $147 oil may not be gone forever, but don’t go looking for it to come around again anytime soon. Certainly not in 2009 anyway, analysts say…

Tight credit market could have ripple effect, but most offshore E&P regions look strong for 2009

Posted on 18 November 2008 in 2008, Global and Regional Markets, November/December

Most of the world’s offshore E&P regions are expected to remain strong or see increases in rig demand, particularly for deepwater and ultra-deepwater activity…

Black Sea, Caspian, Mediterranean bustling with exploration but still has much to prove

Posted on 18 November 2008 in 2008, Global and Regional Markets, November/December

Among the tantalizing offshore provinces are surely the Mediterranean, Black Sea and Caspian. What is the real petroleum potential? Has it been talked up too much or will patience and persistence eventually pay off for this sprawling region linking Europe with Africa, the Near East and Asia?

Oil/gas industry needs more organized anti-corruption effort, expert says

Posted on 18 November 2008 in 2008, Global and Regional Markets, November/December

Rig markets are no longer local. As the global economy and operators’ drilling programs dictate, more and more drilling contractors are finding themselves going into unfamiliar countries with unfamiliar cultures and business practices…

Ensign: Bureaucratic obstacles complicate moving of highly automated rigs into Australia

Posted on 18 November 2008 in 2008, Global and Regional Markets, November/December

In 2007, in order to meet client demands for high-specification, fast-moving rigs with improved safety and minimal environmental impact, Ensign Energy Services decided to deploy two Automated Drilling Rigs (ADR) from Canada to Australia…

Oil/gas industry knows it has a crisis of image. At last, we’re really doing something about it

Posted on 18 November 2008 in 2008, November/December

In a world where perception is often reality, an industry that is perceived, albeit unfairly, as dirty, dangerous and greedy can suffer a crisis of image that threatens its foundation and future. But getting the truth out can be a challenge…

Next-generation perforating system enhances testing, treatment of fracture stimulated wells

Posted on 18 November 2008 in 2008, Completing the Well, November/December

Ineffective perforation can adversely affect the completion of fracture stimulated wells in several ways. If the interval is to be tested prior to fracturing, a clean connection to the formation is required to facilitate meaningful data acquisition…

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