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…
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…
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…
Analyst: Drilling sees little impact, for now, from Russian sanctions
Posted on 05 November 2014 in 2014, Global and Regional Markets, November/December
When the US and European Union expanded sanctions on Russia in September, the energy industry took note. Companies such as ExxonMobil have announced their compliance…
Editorial: It’s been an honor to lead IADC through a year of powerful accomplishments
Posted on 05 November 2014 in 2014, IADC: Global Leadership, Global Challenges, November/December
It is with a great sense of accomplishment that I wrap up my year as Chairman of IADC. As a member of the association for more than 23 years, and with previous experience on the Executive Committee…
Drilling & Completion News
Posted on 05 November 2014 in 2014, Departments, November/December
Drillmec has designed an automated drilling rig called AHEAD, Advanced Hydraulic Electrical Automated Driller. It reduces the rig footprint by approximately 50%…
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Recent Drilling News
26 February 2015
JDC inaugurates Hakuryu 12 jackup, looks to growth in Middle East, Myanmar and Russia
The Japanese word “hakuryu” means “white dragon.” In Asia, dragons are strongly associated with oceans. They also represent power and blessings...
16 February 2015
Steven Newman steps down as Transocean President, CEO
Transocean announced that Steven Newman and the Board of Directors have mutually agreed that he will step down as President and CEO, effective 16 February 2015...
11 February 2015
Video: WADI program arms young talent with skills to succeed in drilling industry
As the drilling industry’s aging workforce continues to retire, a new generation of employees is needed to fill vital roles. To address this challenge, IADC’s Workforce...
11 February 2015
Scandrill’s Scan Vision rig designed with safety, efficiency in mind
After 22 weeks of construction and a $20 million investment, Scandrill christened the Scan Vision rig on 27 January at the company’s Tyler, Texas, facility...
11 February 2015
Video: Proper fitness-for-duty evaluations can reduce medical evacuations
Effective fitness-for-duty evaluations can help reduce the number of medical evacuations from drilling rigs, as a large portion of those evacuations are due to illness...