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2017

Perspectives: Stacey Earley, Transocean: Flexibility, prioritization of risks helping contractors to keep offshore drilling economically viable

By Linda Hsieh, Managing Editor From an early age, Stacey Earley loved math and figuring out the mechanics of how things were built. It was a natural affinity. “My mother used to say that while other kids were playing on the playground, I was underneath the playground figuring out how it was constructed,” recalled Ms Earley, now Director of Marketing Contracts and Proposals at Transocean. “That curiosity really carried out throughout my youth and continues today in my current role seeking creative ways to address contract mechanics.” After high school, Ms Earley initially pursued civil engineering at the Massachusetts Institute of Technology – it seemed like an obvious choice for a budding engineer. But this was the early 1980s, and ...

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Digital twins help to predict failures, create blueprint for ideal asset performance

The concept of digital twins – a dynamic digital representation of an industrial asset – is increasingly being adopted in the drilling industry. At BHGE, digital twins are being used not only to understand the current state and condition of an asset but also to predict future maintenance issues and determine how issues can be avoided. “Digital twins combine our understanding of the physics of the equipment, as well as where the equipment is deployed – for example, reservoir location, morphology, etc – along with modern machine learning and artificial intelligence (AI) technologies,” said Dr Arun Subramaniyan, VP Data Science & Analytics at BHGE...

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To get the most out of drilling simulators, follow these 5 principles for designing training exercises

As drilling simulators become increasingly more sophisticated and available, organizations are increasingly exploring the possibility of enhancing safety and team performance by carrying out exercises on full-scale high-fidelity drill floor simulators. The amount of effort being put in by companies and trainers is impressive. However, based on more than 200 observations of teams taking part in exercises on drilling simulators, it’s also been observed that organizations are not investing sufficiently in the design of simulator-based exercises that would provide the maximum benefit for the team and organization...

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Dalma Energy adopts new work management system on Omani rigs to address ‘last mile’ challenge

Internet, phone and TV companies have what’s called a “last mile” problem: These companies spend billions of dollars in satellites, cables, towers and other technology, but until their service goes the “last mile” and is accessible by their customers, it creates no value for the company or their customers. All the infrastructure in the world doesn’t matter until the companies go that final distance to their customer’s homes and offices...

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Intelligent completion advances target improved reliability in HPHT conditions, simplified deployment

New technologies helping to provide real-time fluid characteristics, faster or remote actuations and optimized production over life of the well By Kelli Ainsworth, Associate Editor Higher-cost intelligent completion systems face obvious challenges in the current low oil price environment, with all sectors pushing for cost reductions. However, operators continue to show interest in these completion systems – and their remote monitoring and control capabilities – to avoid costly interventions later on and improve recovery over the life of the well and field. “Through the years we’ve had new operators coming to us with interest because they see the benefits and value,” Bruce Gavin, Senior Product Line Manager – Flow Control/Intelligent Completions for Halliburton, said. Particularly for complex deepwater wells, which ...

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Deconstructing invisible lost time: KPIs, analytics, standardization improve well deliveries in Bakken

A data-driven contractor-operator initiative that aimed to mitigate inefficiencies in the well construction process resulted in a “CAPEX-free” opportunity to safely reduce unconventional well delivery times by up to 40%. The joint initiative, which focused on North Dakota’s Bakken Shale play, underscored the tangible benefits of standardizing drilling operations and monitoring key performance indicators (KPIs) to consistently reduce invisible lost time (ILT). Unlike downtime, ILT never appears in the standard morning report. Rather, it is hidden inefficiencies and inconsistencies in routine drilling operations where performance in standard processes can often swing widely between crews...

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Wirelines

On 18 July, Colombia’s Ministry of Mines and Energy published new technical regulations for drilling exploratory wells to determine the presence of oil and gas in shallow-, deep- and ultra-deep waters in Colombian territory. The new regulations require safety management systems in accordance with API RP 75; BOPs in accordance with API Standard 53; training in accordance with OPITO or IMO standards; weekly function testing of the BOP; and MODUs in compliance with the IMO MODU Code...

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Brazil’s ANP looks to modern regulatory framework, dialogue with industry to support ongoing transformation of E&P market

Transparency, regulatory stability and open engagement with stakeholders are among key priorities for the National Agency of Petroleum, Natural Gas and Biofuels (ANP), said Décio Oddone, ANP Director-General. Mr Oddone, who assumed his current role in January 2017, is leading the Brazilian regulatory agency in aggressive efforts to modernize the country’s E&P framework and to attract more foreign investments. “We are living through a moment of change in Brazil,” Mr Oddone told DC. In particular, he said, the country’s oil and gas sector “is undergoing its largest transformation in decades.”...

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In Brazil, it’s two steps forward, one step back

Even as progress is made in opening the presalt and reducing local content requirements, new corruption charges embroil the president, threatening to slow ongoing reforms related to taxes, environmental licensing By Linda Hsieh, Managing Editor The near-term outlook for the Brazilian drilling market is bleak. As of August, there were only 29 offshore drilling rigs contracted to Petrobras – currently still the only operator with active offshore rigs in the country. That number compares with 36 offshore rigs last year, 52 in 2015 and 67 in 2014, said Liz Tysall, Senior Offshore Rig Analyst for consulting firm Rystad Energy. The near-term outlook for the Brazilian drilling market is bleak. As of August, there were only 29 offshore drilling rigs contracted ...

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