Archive | January/February

Drilling Ahead

Posted on 17 January 2009 in 2009, Departments, January/February

This is the downturn everyone expected. They just didn’t expect it so soon. Anyone with a sense of history of the oil and gas business is wise to the reality that a ceaseless upward cycle just is not in the cards. The cards always come tumbling down…

PrintFriendlyShare This

Aging derricks could be a major problem for worldwide well servicing fleet

Posted on 17 January 2009 in 2009, IADC: Global Leadership, Global Challenges, January/February

The average age of the worldwide well servicing rig fleet is over 25 years old, and many of these rigs are much older. The idea of using 25- to 30-year-old equipment seems ludicrous in most industries, yet there are still more rigs working today over 25 years of age than there are under age 10…

Perspectives

Posted on 17 January 2009 in 2009, Departments, IADC: Global Leadership, Global Challenges, January/February

Salvador – it’s Brazil’s oldest city (founded in 1549), one of its largest (3 million-plus people in the metropolitan area), and a vibrant place known as the country’s “Capital da Alegria,” or “Capital of Happiness…”

People, Companies & Products

Posted on 17 January 2009 in 2009, Departments, January/February

National Oilwell Varco’s Frank Springett, vice chairman of the Future Technology Subcommittee of the IADC Advanced Rig Technology Committee, has been selected as the inaugural winner of World Oil’s “Next Generation Award…”

HSE Corner

Posted on 17 January 2009 in 2009, Departments, Drilling It Safely, January/February

In 2001, HSE personnel from BP, Chevron, ExxonMobil and Shell gathered to develop minimum safety awareness training requirements for all employees working offshore…

D&C Tech Digest

Posted on 17 January 2009 in 2009, Departments, January/February

Enventure Global Technology has completed its 1,000th SET expandable job, installing a 47-ft 7 5/8 x 9 5/8-in. 36.0 lb/ft expandable cased-hole liner to cover damaged casing near the surface of the well…

D&C News

Posted on 17 January 2009 in 2009, Departments, January/February

KCA DEUTAG’s crews on rig T201 working in Brunei have received recognition from Shell as Land Rig of the Year in its worldwide fleet for 2008…

News Cuttings

Posted on 17 January 2009 in 2009, IADC: Global Leadership, Global Challenges, January/February

The IADC Career Connection (ICC) program will return to Fort Hood on 4 February with a new Returning Military Campaign (RMC) job fair…

Wirelines

Posted on 17 January 2009 in 2009, IADC: Global Leadership, Global Challenges, January/February

IADC recently participated in a workshop in Annapolis, Md., to set the framework for recommendations to the Obama Administration on ocean resource policies…

Despite short-term difficulties, we can’t forget long-term goals or slack off on environment

Posted on 17 January 2009 in 2009, IADC: Global Leadership, Global Challenges, January/February

2008 is behind us and what a diverse year that became for the oil & gas related industries. Oil prices during the year climbed to historical, surprising and extraordinarily high levels…

FEATURED MICROSITES


Recent Drilling News

  • 26 November 2014

    US EIA: Increase in energy demand requires 33 million bbl/day more oil

    The world is going to need one-third more oil between 2010 and 2040, with developing countries, such as China and India, accounting for a major portion in the increase in...

  • 25 November 2014

    Prescriptive Analytics prescribes how to complete wells to maximize production

    "Big data" is taking on a new role in industry, where companies are combining the findings from geology and geophysics with new data collected from advanced technologies...

  • 25 November 2014

    Petrobras completes drilling first appraisal well in Libra Consortium

    Petrobras recently completed drilling the first appraisal well in the Libra area, the 3-BRSA-1255 (3-RJS-731), known as NW1. Located in the Northwest portion of the Libra block, in the pre-salt layer of the...

  • 24 November 2014

    Ensign secures contracts for 2 ADR 1500S pad drill rigs in Montney area

    Ensign Energy Services has signed contracts for two of its new ADR 1500S pad drill rigs for a major operator in the Montney area of northeast British Columbia...

  • 21 November 2014

    Statoil cancels Stena Carron rig contract offshore Angola

    Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola...

  • Read more news