Archive | 2014

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…

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Offshore Drilling & Technology Briefs: OMV details Barents Sea success; CSB report cites pipe buckling as cause of BOP failure in Macondo

Posted on 10 July 2014 in 2014, July/August, The Offshore Frontier

Understanding the risk factors and what are the “unknowns” when drilling in uncharted areas is key to a safe and successful operation. Far north in the Barents Sea…

Tubular integrity begins with assurance of robust connections

Posted on 10 July 2014 in 2014, Completing the Well, Drilling Rigs & Automation, July/August

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

  • 24 October 2014

    GDF SUEZ, BP discover new Central North Sea Field

    “This is an encouraging exploration discovery in a part of the Central North Sea that needs additional volumes of hydrocarbons to open up development options…

  • 24 October 2014

    Chevron, BP discover oil in deepwater US Gulf of Mexico

    The discovery well, on Keathley Canyon Block 10, was drilled by operator Chevron on behalf of the Guadalupe co-owners. The well encountered significant oil pay…

  • 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…

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