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2018

2018 IADC efforts in advocacy, training, safety all providing direct, positive impact

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By Steven Brady, 2018 IADC Chairman It has been my honor to serve as your IADC Chairman in 2018. As Chairman, I have had the opportunity to talk with and meet a diverse slice of our membership. As we close out this year, I am thankful for those experiences. They showed me that, as an industry, we share the same goals of safety and efficiency. I began the year with a promise that our association would continue to focus on things that our industry has identified as key to our continued success – safety, environmental stewardship, technical resources and advocacy. It was an ambitious and lofty goal, as each of these areas is vast and technically difficult to achieve. Yet, through ...

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Celine Martin, Total: Sidestepping life’s ‘disappointments,’ turning differences into strengths can help to build diverse career

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By Linda Hsieh, Managing Editor For Celine Martin, not being selected for an engineering program with the French Navy when she was a teenager came as a huge disappointment. She had undergone three years of post-secondary studies in specialized military classes in preparation for a selective entrance exam to the elite national engineering school, Prytanée National Militaire. She also dreamt of piloting the type of fighter jet she had seen soaring in the skies above her hometown of Hyeres in southeastern France. In hindsight, however, it was that “disappointment” that set Ms Martin on a path to something bigger and better – offshore oil and gas. “I didn’t perceive it that way at the time because I couldn’t do what I ...

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News Cuttings

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ULL Student Chapter members complete training In August, members of the University of Louisiana-Lafayette (ULL) IADC Student Chapter completed the IADC WellSharp well control level 3 (Driller) course after an extensive four-day training, held 6-10 August. The following month, 28 members of the chapter toured Parker Drilling’s 2,000-hp Rig 55B in Amelia, La. The students had an opportunity to witness first hand drilling equipment discussed in the classroom, including accumulators, BOPs, top drives, pumps and solids control. Representatives from Parker Drilling were on hand to guide the students on their tour, including Perry Landry, Operations Manager; Ronal Savoie, Rig Manager (Pusher); Roger Wellbrock, Maintenance Manager; Rick Henley, Special Projects Manager; and Kent Gerdsen, US Sales Manager. Drilling Matters Module Encourages ...

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Drilling & Completion Tech Digest

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Halliburton sets record depth for expandable liner hangers on Stampede project in Gulf of Mexico Halliburton’s XtremeGrip liner hangers were recently installed to a depth of 30,924 ft in the Gulf of Mexico Hess-operated Stampede deepwater development. This set a record depth for the system. To facilitate the completions, the company installed 37 XtremeGrip expandable liner hangers across seven wells, with no liner-top leaks or remedial work required. The challenge on the Stampede project was to isolate multiple hydrocarbon-bearing sands across the drilling and production liners with cement. The XtremeGrip system’s unrestricted flow path prior to setting, and its ability to rotate while cementing, provided effective isolation without costly cement remediation. Each Stampede well includes up to five XtremeGrip liner ...

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People, Companies & Products

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Ensco, Rowan Agree to Merge in All-Stock Transaction Ensco and Rowan Companies jointly announced that the companies have entered into a definitive transaction agreement under which Rowan will combine with Ensco in an all-stock transaction. The agreement was unanimously approved by each company’s board of directors. The Saudi Aramco partner to the ARO Drilling joint venture has consented to the combination. Rowan President and CEO Tom Burke will serve as President and CEO of the combined company, which will have a rig fleet of 28 floaters and 54 jackups. Ensco President and CEO Carl Trowell will serve as Executive Chairman of the combined company. David Williams Joins Precision Drilling Board of Directors Precision Drilling has announced the addition of David ...

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IADC: Paving the path to better, safer industry

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By Jason McFarland, IADC President In the following pages, you will be able to read through a snapshot of IADC’s activities over the course of 2018. It’s an impressive list of accomplishments, and ones that I am personally proud of in my role as president of this association. I hope that you are able to see the value of your membership in the activities of our Government and Industry Affairs, Accreditation and Credentialing, International Development, Communications and Drilling Services divisions.  Maximizing the value you receive as a member of IADC is something that is of utmost important to me. While the accomplishments in 2018 have been impressive, there are even more important projects that we are excited about looking to ...

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Forecasts through 2050 suggest balanced mix of fuel sources while underscoring need for continued investments in hydrocarbons

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Natural gas likely to emerge as biggest energy source beginning in 2026, peak in 2030s By Katie Mazerov, Contributing Editor Increasing demand moderated by gains in efficiency. The rise of renewables as global climate objectives come up short. Development of conventional versus unconventional resources. Political tension between developed and emerging economies. These are some of the complex forces shaping the long-term global energy outlook, according to experts and trends outlined in two comprehensive reports released this year. The global energy transition forecasts present both opportunities and challenges for an evolving oil and gas industry over the next 20 to 30 years. “The world is producing and consuming more oil today than ever, and yet oil resources are still reasonably abundant,” said ...

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Even amidst recovery, impact of oil price crash reverberates as investors press companies to increase returns by cutting costs

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Personnel shortages also being felt at multiple skill levels, with many employees wary of returning to a cyclical industry By Rick Von Flatern, Contributer For nearly two years, the drilling industry has been in a painfully slow recovery mode, and prospects for 2019 appear to be more of the same. In the latter half of 2014, average global oil prices went from a dizzying $100/bbl to just more than $50 by year’s end. By the start of 2017, oil prices had hit a low of about $20/bbl. In the ensuing two years, oil prices have trended up toward $70, where it remains today. In the years leading up to the oil price crash, drilling contractors had invested billions of dollars ...

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Shell bolsters well control training with incorporation of human factors principles

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By Linda Hsieh, Managing Editor Shell is forging ahead with its Leading Advanced Well Control and Front-line Barrier Manager programs, which both incorporate human factors/crew resource management, as the operator seeks to reach its goal of working without any incidents. Such training courses have come a long way since the late 1990s, when they used to focus on topics such as deepwater or high-pressure, high-temperature operations; always purely technical in nature. Now, the courses are still technical, according to Mark van de Velden, Wells Learning Advisor, Shell Global Solutions. But they encompass much more simulation exercises where participants can be observed and coached on their human factors skills. These courses have been developed based on the International Association of Oil and ...

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Putting people first: Oil and gas industry should consider a system thinking approach to IIoT revolution

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Leaders must realize that digital transformation will be 20% technology and 80% how people work together By John F. Carrier, MIT Sloan School of Management, and Michael Fry, Deepwater Subsea “Are you digitalizing your business?” This is question that people working in the field are being asked at every available opportunity. But is this the right question that the industry should be asking? While it is a good question, perhaps a better question is: “How do we lead our organization through the current digital transformation?” Unlike previous waves of innovation, there is little in the way of proprietary technology or access to capital that may be used to gain a strategic advantage. Instead, the winners will be determined by how ...

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