Archive | 2014

News Cuttings

Posted on 10 July 2014 in 2014, IADC: Global Leadership, Global Challenges, July/August

The IADC North Sea Chapter (NSC) recognized the best in safety performance at its annual Safety Awards ceremony held in Aberdeen on 16 May. Northern Offshore and Noble Drilling…

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Martin Culen: In future, MPD equipment on rigs will be as common as seat belts in cars

Posted on 10 July 2014 in 2014, Departments, July/August

When Martin Culen joined a Canada-based oilfield services company in 1996, he wasn’t entirely sure that this was the industry for him. He had wanted to put his mechanical…

Tubular integrity begins with assurance of robust connections

Posted on 10 July 2014 in 2014, Completing the Well, July/August, The Efficient Rig

The integrity of the tubular string is only as good as the connection between each joint. Connection makeup acceptance and accuracy are critical to casing string integrity, which provides a secure mechanical…

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…

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…

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…

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…

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…

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Recent Drilling News

  • 30 September 2014

    Statoil, Shell and Sonatrach awarded acreage onshore Algeria

    Statoil and Shell were awarded the Timissit Permit License in the Illizi-Ghadames Basin onshore Algeria. The license is in southeastern Algeria and covers an area of 2,730 sq km...

  • 29 September 2014

    Rosneft discovers oil in Kara Sea

    Rosneft successfully completed the drilling of the Universitetskaya-1 well in the Arctic – the northernmost well in the world, according to the company, and discovered oil at the East-Prinovozemelskiy-1 license area...

  • 26 September 2014

    Statoil and PL713 partners discover gas in Pingvin prospect in Barents Sea

    Statoil has together with PL713 partners made a gas discovery in the Pingvin prospect in the Barents Sea. The discovery is a play opener in an unexplored frontier…

  • 26 September 2014

    Maersk Drilling names fourth ultra-deepwater drillship, delivery expected in Q4

    Maersk Drilling’s fourth ultra-deepwater drillship was named Thursday morning in a ceremony at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si...

  • 25 September 2014

    Eni awarded 3 new exploration licenses in Egypt

    Eni was the successful bidder of three new exploration licenses in Egypt as a result of the competitive 2013 EGPC and EGAS bid rounds. The new licenses will be formally awarded after the ratification...

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