Archive | 2014

Drilling potential abounds in Mexico, but so does uncertainty

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

The tides are turning in Mexico after the government ended PEMEX’s 76-year monopoly over the country’s oil and gas market. On 20 December 2013, Mexico’s energy reform bill became a law…

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Drilling Ahead: IADC workshops shed light on new EU rule

Posted on 05 November 2014 in 2014, Departments, November/December

The European Union has implemented the offshore regulatory version of Einstein’s elusive Grand Unified Theory, and IADC is there to help its members understand…

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, CurrentFeatures, 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…

Perspectives: Jennifer Guidry, Hercules Offshore: Empowered employees key to achieving incident-free operations

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

Jennifer Guidry never expected to find herself in a leadership position at an offshore drilling company in Houston. “One of the greatest things I’ve learned,” she said, “is that to achieve extraordinary things…

HSE&T corner: Transocean takes proactive approach to implementing ABCDs of malaria prevention

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

Although Ebola is the disease that’s dominating the bulk of media attention these days, it’s malaria that companies should be thinking more about in terms of protecting employees’ health. Malaria…

Wirelines

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

The US Bureau of Labor Statistics (BLS) recently reported preliminary results from the 2013 National Census of Fatal Occupational Injuries. Mining, quarryibg and oil and gas extraction had the third highest fatal…

News cuttings

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

At the annual Offshore Energy Center (OEC) gala on 27 September, IADC was recognized with an election to the Offshore Energy Center Hall of Fame as a Technology Pioneer. IADC was awarded the honor…

People, Companies & Products

Posted on 05 November 2014 in 2014, Departments, November/December

Edwin “Eric” McGhee, who served as Executive Vice President for IADC for 15 years, passed away on 4 October. He was 88. Born on 31 December in 1925 in Brownwood, Texas, Mr McGhee was the seventh of eight children…

IADC embarks on next stage of transformation into sustained, high-performing organization

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

At the start of 2012, IADC set out an ambitious three-year tactical plan to prepare and deliver key initiatives and programs in response to rapidly growing and changing industry requirements. I can report…

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Recent Drilling News

  • 17 December 2014

    Saudi Aramco: Four factors for a sustainable drilling business

    Despite the modest growth in demand and drop in oil prices today, the long-term outlook for industry is healthy. “Our industry will need to add around 40 million bbl per day for new capacity...

  • 16 December 2014

    Ensco development program produces driller in 3 years

    Ensco’s Accelerated Development Program (ADP) takes a “green” individual and, within a three-year period, trains them to become a driller. In response to personnel shortages in various areas, including drilling...

  • 16 December 2014

    Saudi Aramco: ‘Industry cannot afford to lose talent when the economy is down’

    Industry is facing a human resources challenge in two areas: the ageing workforce and the shortage of skills, Mohammed Al Sellemi...

  • 16 December 2014

    Nanotechnology has potential to improve tool performance in extreme environments

    In terms of temperature stability and corrosion, tools have limitations, especially in extremely challenging drilling environments. Jothibasu Ramasamy...

  • 16 December 2014

    Colville: WCI provides forum to evaluate practical, economical advances in well control practices

    Major players throughout industry are joining forces under the Well Control Institute (WCI). The mandate of WCI is “to provide the definitive forum...

  • Read more news