Archive | 2014

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…

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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…

Global exploration, streamlined drilling to lead Statoil growth

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

Global exploration will be the primary growth engine for Statoil in the near term, and the US Gulf of Mexico (GOM) will play an important role in that strategy as the company…

Onshore drilling & technology briefs

Posted on 22 April 2014 in 2014, Drilling It Safely, Global and Regional Markets, Innovating While Drilling, May/June, Onshore Advances

Automated rig aims to reduce human exposure; California well stimulation regulations put operations at standstill…

Continuous inclination, azimuth measurement optimizes RSS control

Posted on 22 April 2014 in 2014, Innovating While Drilling, May/June, Onshore Advances

When they were introduced in the mid-1990s, rotary steerable systems (RSS) represented a step-change in directional drilling. Over the years, continued advances have expanded the operating…

ERD advances push limits on Chayvo wells

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

The second drilling campaign at the Chayvo field, located offshore Sakhalin Island, targeted a new reservoir zone using extended-reach wells from onshore. A total of four oil producers…

Case study: Culture of performance drives Iraqi drilling campaign

Posted on 22 April 2014 in 2014, Completing the Well, Drilling It Safely, Global and Regional Markets, May/June, Onshore Advances

The giant Majnoon oilfield in Iraq was discovered in 1975 by Braspetro (Petrobras). It is located in southern Iraq, 60 km (37 miles) from Basra. Multiple reservoirs contain an estimated…

Fred Dupriest: Teaching a physics-based approach to the next drilling generation

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

“If it ain’t broke, don’t fix it.” So the saying goes, but it’s just not how Fred Dupriest works. For him, doing something better is not enough if it’s still being done in the same way…

Offshore drilling & technology briefs

Posted on 22 April 2014 in 2014, Drilling It Safely, Innovating While Drilling, May/June, The Offshore Frontier

A 25-well batch-casing program in the deepwater Gulf of Mexico (GOM) has exceeded targets around safety and efficiency over a six-month development campaign that logged zero…

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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…

  • Read more news