Archive | 2014

Drilling & Completions Tech Digest

Posted on 26 January 2015 in 2015, Innovating While Drilling, January/February

BP has begun operating the world’s first robotic core-flooding system. The Core Flood Robot is the most recent addition to the operator’s program of enhanced oil recovery…

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Troubled waters

Posted on 05 November 2014 in 2014, Features, Global and Regional Markets, November/December, The Offshore Frontier

The ingredients for a troubled deepwater market – flattening rig demand, increasing costs and falling oil prices – have been brewing in the past year. A number of deepwater projects have been postponed, and the industry…

The other precious resource

Posted on 05 November 2014 in 2014, Drilling It Safely, Features, November/December

What happens when a world thirsty for hydrocarbons meets a world competing for water? In the unconventionals sector, that collision of commodities is playing out across a variety of environmental and usage issues…

Fertile grounds

Posted on 05 November 2014 in 2014, Features, Global and Regional Markets, November/December, Onshore Advances

The onshore market has been a beacon for the global drilling industry, reflecting growth and improved efficiencies in the past year. This momentum is expected to guide the industry in the coming year…

2014 operational summary: Year of delivery for IADC divisions

Posted on 05 November 2014 in 2014, IADC: Global Leadership, Global Challenges, November/December

The IADC Operational Integrity (OI) Division, comprising the Onshore, Offshore, Drilling and Well Servicing, QA/QC, and Accreditation and Credentialing Divisions, devoted time and expertise to promoting the interests…

Geometric evolution

Posted on 05 November 2014 in 2014, Completing the Well, Features, November/December

In an industry not prone to taking leaps of faith, multilateral completions have yet to make that pivotal niche-to-mainstream transition. Instead, it has remained a slow, steady and evolving market driven by…

Business as usual, but with caution

Posted on 05 November 2014 in 2014, Features, Global and Regional Markets, November/December, Onshore Advances, The Offshore Frontier

Geopolitical concerns, notably worrisome aggression from the Islamic State of Iraq and the Levant (ISIL) across northern Iraq, is signaling a cautionary mood in the Middle East. However, it is business as usual for the oil…

Reduce, control, recycle at heart of smart water management strategy

Posted on 05 November 2014 in 2014, Drilling It Safely, November/December

Water is essential to oilfield operations. However, already limited water resources are increasingly in demand. Growing populations, climate change, water limitations and increasing water demand are resulting in unmet needs…

Africa Briefs: Industry educates employees amid Ebola outbreak; Angola, Nigeria to lead Africa growth

Posted on 05 November 2014 in 2014, Drilling It Safely, Global and Regional Markets, November/December

West Africa has been hit hard by the largest Ebola epidemic in history. Sierra Leone, Guinea and Liberia have seen the highest number of infections…

Mexico sets sights on foreign investment through energy reform

Posted on 05 November 2014 in 2014, Global and Regional Markets, November/December

Mexico has vast oil and gas reserves but not enough capital resources to drill for it. Consider this: In the US-controlled part of the Gulf of Mexico, more than 300,000 bbl…

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Recent Drilling News

  • 27 March 2015

    Gravity-deployed carbon composite cable completes first commercial deployment offshore Norway

    Ziebel, a Stavanger-based provider of specialist well intervention services for the oil and gas industry, announced that its Z-Line gravity-deployed...

  • 27 March 2015

    Petronas’ INSTEP training institute plans improvements for integrated, experiential learning

    Institut Teknologi PETRONAS (INSTEP) takes realism seriously when it comes to experiential learning – seriously enough to be planning...

  • 26 March 2015

    Wood Mackenzie: Falling costs to soften blow of slashed exploration budgets

    Exploration budget cuts in 2015 will average 30%, but that will be matched by an approximately equal fall in exploration costs...

  • 25 March 2015

    C&J Energy Services merges with Nabors’ completion/production services

    C&J Energy Services, (C&J) and Nabors Industries (Nabors) announced the completion of the combination of C&J with Nabors’ completion...

  • 25 March 2015

    Douglas-Westwood: Oilfield services expenditure to decline by 30% in 2015

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