Archive | May/June

Editorial: IADC steps up global leadership to address critical industry challenges

Posted on 22 April 2014 in 2014, IADC: Global Leadership, Global Challenges, May/June

Continually overcoming difficult challenges and major change is a hallmark of our industry. However, the pace of change is getting faster, the risks bigger…

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Analysis: Dayrate business model not built to drive innovation, value delivery

Posted on 22 April 2014 in 2014, Global and Regional Markets, May/June

The drilling business model has become the “elephant in the room” as drilling systems automation advances seek an integrator and technology/performance enhancements seek…

Drilling & Completion News

Posted on 22 April 2014 in 2014, Departments, May/June

Precision Drilling has signed a multiyear contract for a Super Triple ST-2000 newbuild rig that will be delivered in Q4 this year to the Middle East. In Mexico, the company…

2014 OTC Spotlight on New Technology Awards

Posted on 22 April 2014 in 2014, Departments, May/June

The Offshore Technology Conference has announced the 12 winning technologies that will receive the 2014 Spotlight on New Technology Awards recognizing innovative technologies…

MPD poised for growth in Australasia deepwater

Posted on 22 April 2014 in 2014, Global and Regional Markets, Innovating While Drilling, May/June, The Offshore Frontier

The pace and success of Australasia’s deepwater exploration and development depends on achieving high standards of safety and environmental stewardship while addressing…

Certification of 1st DGD drillship paves path for ultra-deepwater drilling

Posted on 22 April 2014 in 2014, Global and Regional Markets, May/June, The Offshore Frontier

Drilling to deeper depths in the Gulf of Mexico (GOM) has increased the geometric complexity of subsea well designs. Deepwater drillers must contend with challenges such as…

Study analyzes response of deepwater riser with suspended BOP

Posted on 22 April 2014 in 2014, May/June, The Offshore Frontier

Worldwide petroleum demand induces the search for new offshore oil and gas reserves in deeper and deeper waters. In this scenario, offshore drilling is carried out in water…

Back on the upswing

Posted on 22 April 2014 in 2014, Features, Global and Regional Markets, May/June, Onshore Advances

Steadily high oil prices – WTI oil continues to hover around $100/bbl – along with expanding opportunities around the world have drilling contractors, operators and analysts…

Rewards on the offshore horizon

Posted on 22 April 2014 in 2014, Features, Global and Regional Markets, May/June, The Offshore Frontier

Navigating the offshore market these days is an uneasy voyage of great expectations balanced by economic reality. As a strong pipeline of deepwater projects and buoyant…

Drilling & Completion Tech Digest

Posted on 22 April 2014 in 2014, Departments, May/June

In early April, Global Tubing announced that STEP Energy Services had performed the deepest 2 7/8-in. coiled-tubing operation in North American history. The operation took…

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Recent Drilling News

  • 22 October 2014

    Shell discovers gas in pre-salt reservoir offshore Gabon

    Shell announced a frontier exploration discovery offshore Gabon, West Africa. The well Leopard-1 encountered a substantial gas column with around 200 m net gas pay…

  • 22 October 2014

    Statoil proves new oil resources near Grane field in North Sea

    Well 25/8-18 S, drilled by the rig Transocean Leader, proved an oil column of 25 m in the Heimdal Formation. The estimated volume of the discovery…

  • 21 October 2014

    IADC Cybersecurity Task Group to provide industry guidance to assess risks

    The oil and gas industry is not immune to cybersecurity threats, from computer viruses and malware to targeted attacks. The IADC Advanced Rig Technology (ART) Committee…

  • 21 October 2014

    Check-6 launches RIGOR digital checklist and compliance system

    Check-6 has launched RIGOR, a checklist-based mobile app to help simplify complex procedures and mitigate human error on the rig. Taking lessons from the aviation industry…

  • 21 October 2014

    Video: Next IADC Land Contract update to start in 2016

    The latest version of the IADC Land Contract was released in November 2013. Various incidents, including Macondo, delayed the release. “It’s an industry contract…

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