By Alan Gilmour, J.O. Pruett II, M-I-SWACO A chemically enhanced centrifugation process, designed to remove the bulk of fine colloidal particles and/or increase the oil/water ratio (OWR) in oil- or synthetic-based drilling fluids, has proved its capacity to reduce costs significantly during a Wyoming field trial. The patented RECLAIM technology comprises proprietary flocculants and surfactants […]
By Jason Wilson, Transocean, and Mike Wahl, Definitions Fitness Company Worker health and well being is a global issue that should be managed by all organizations. It is directly relevant to all drilling companies and has the potential to significantly impact operational and financial performance. Data from the World Health Organization (WHO) clearly demonstrate that […]
By Joe Greener and Tracey Adam, with contributions from Kenneth Lang and Jack Hinton, INTEQ Despite a number of significant improvements in engineering controls that previously resulted in reduced injury rates, recent statistics from the UK Health and Safety Executive demonstrate that further improvements are still needed. There is a recognised downward trend in fatal […]
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 […]
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, […]
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 […]
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 […]
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 […]
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 […]
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 […]
29 January 2015
PetroQuip Energy Services successfully implemented its revolutionary toe sleeve, BigFoot, in a recent horizontal completion for an independent operator...
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...
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, 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...