Archive | 2010
Seadrill: With Statoil active again, Norwegian market looking up for 2010
Posted on 12 July 2010 in Features, Global and Regional Markets, July/August
In the Norwegian segment of the European drilling market, Statoil is a true giant. If it stamps one foot, the whole region will shake and tumble. In late 2008, when recession hit the global economy…
IADC collaborating with members, government to get all rigs back to work in Gulf of Mexico
Posted on 12 July 2010 in Features, July/August
IADC continues to lead in the struggle for rationality in the wake of the Macondo spill in the US Gulf of Mexico. IADC is fighting to secure reasonable regulations and legislation that will protect not only the environment…
Ruling halts Gulf of Mexico drilling moratorium for now, but Salazar working to reinstate it
Posted on 12 July 2010 in Features, July/August
Another day, another deepwater moratorium? Seems likely. Although US District Judge Martin Feldman of New Orleans issued an injunction lifting the drilling ban on 22 June, Secretary of the Interior Ken Salazar has vowed…
Asia Pacific jackup, tender markets on the mend: Activities picking up, but no boom yet
Posted on 30 April 2010 in 2010, Features, Global and Regional Markets, May/June
Like most of the rest of the world, the Asia Pacific drilling market has had it rough since the global recession began. Discretionary expenditures at many oil companies were hammered, leading to the cancellation or delay of many…
US Shales: 6,000 Tcf from Sea to Shining Sea Building a boom on $3.75 gas
Posted on 30 April 2010 in 2010, Features, May/June, Onshore Advances
It’s being called everything from a game changer to the new gold rush. Armed with new technologies for tapping unconventional resources, energy companies are pushing the envelope to chase plentiful and increasingly recoverable…
70th Anniversary Retrospective
Posted on 30 April 2010 in 2010, IADC: Global Leadership, Global Challenges, May/June
IADC celebrates its 70th anniversary in 2010. In recognition of this milestone, and in anticipation of the decades ahead, DC is publishing retrospectives from issues of decades past…
Generations: Past & Future Leaders
Posted on 30 April 2010 in 2010, IADC: Global Leadership, Global Challenges, May/June
IADC is celebrating its 70th anniversary by comparing and contrasting the perspectives of industry veterans with the newer professionals who are transitioning into the industry’s hierarchy…
From the President: Dr Lee Hunt
Posted on 30 April 2010 in 2010, IADC: Global Leadership, Global Challenges, May/June
To the surprise of the US offshore drilling industry, the Obama administration announced that it will potentially open areas in the mid- and south Atlantic, eastern Gulf of Mexico and parts of Alaska to offshore drilling…
Abrasive formations, shale wells drive new bit designs for hard-rock, high-temperature drilling
Posted on 30 April 2010 in 2010, Innovating While Drilling, May/June
With the growth of the North American shale plays, it’s not surprising that bit companies are aggressively working to meet the challenges of drilling in the these plays, with new designs or…
Wirelines
Posted on 30 April 2010 in 2010, IADC: Global Leadership, Global Challenges, May/June
Speaking at a diplomatic meeting in early March in Lagos, US ambassador to Nigeria Robin Sanders took up an industry cause and cautioned the Nigerian government against an “unrealistic timeline” in its local content bill…
FEATURED MICROSITES
Recent Drilling News
27 January 2015
Lower 48 oil production outlook stable despite expected rig count reduction
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 announces 2015 capital, exploratory budget
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
Young professionals program at SPE/IADC Drilling Conference to target future leaders of the industry
The oil and gas industry is constantly looking to the future. Whether this comes in the form of pushing the limits of pressure...
22 January 2015
Tullow Oil moves ahead with exploration, appraisal drilling onshore Kenya
Tullow Oil has announced updates on several onshore projects in Kenya, including the Expir-1 exploration, Engomo-1 exploration, the Ngamia and Amosing...
22 January 2015
Petrobras reduces operating costs, time with new pre-salt subsea equipment deployment technique
At the end of last year, Petrobras deployed its first wet Christmas tree using cables in the pre-salt area. The main change involved was the use of a subsea equipment...