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Author Archives: Alex Endress

Development of USCG/NIST Cybersecurity Framework ‘MODU Profile’ launched at IADC

IADC, along with representatives from NIST/NCCoE and USCG, among others, have launched development of a new Cybersecurity Framework Profile for MODUs. From left are David Weitzel, NIST/NCCoE; Melissa Mejias, IADC; Siv Hilde Houmb, Secure-NOK & Chairwoman of the IADC Cybersecurity Subcommittee; Julie Snyder, NIST/NCCoE; and Jason Warren, USCG.

IADC helped the US Coast Guard (USCG) and the National Institute of Standards and Technology (NIST) National Cybersecurity Center of Excellence (NCCoE) launch development of a new Cybersecurity Framework Profile for MODUs. The work was done during a two-day joint meeting, which also included API, held during January in Houston. The profile is designed to assist MODU operators in using...

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Proserv, SapuraKencana partner on Asia Pacific project

Proserv and SK Technology are partnering to provide clients with enhanced technology services across the Asia Pacific.

Proserv and SapuraKencana Petroleum Berhad’s wholly-owned subsidiary, SapuraKencana Technology Sdn Bhd (SK Technology) are joining forces to provide enhanced technology services to clients in Asia Pacific. Both companies will be leveraging their respective regionally-based assets, expertise, technology and infrastructure to offer clients a variety of innovative solutions. They will jointly provide a range of services across the drilling, production and decommissioning market sectors with a strong focus on

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New drilling float valve developed to improve operational safety

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Standard drilling float valves have allowed fluid flow to move across the sealing surface of wells, which can compromise the integrity of the sealing surface after prolonged use. To address this challenge Drilling Innovative Solutions launched the Sentinel Drilling Safety Float Valve. The new piece of drilling float equipment uses a flapper actuated ball valve technology to flow fluid through the flow tube without exposing it to the sealing surface. Watch the video with Sam Hawkins, Founder and Manager of New Products for Drilling Innovative Solutions to learn more.

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Predictive maintenance could improve drilling equipment reliability

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Predictive maintenance has the potential to help drilling contractors better understand when equipment needs critical maintenance in order to prevent unexpected failure. Avoiding unexpected equipment failure is critical to reducing safety incidents, as well as nonproductive time. Watch DC’s video with SparkCognition VP Solutions Philippe Herve from 16 November to learn about new technologies such as cognitive analytics and machine learning that can help the drilling industry implement predictive maintenance. Mr Herve also gave a presentation on predictive maintenance at the Spark Tank forum, held by the IADC ART Future Technology Subcommittee on 27 October in Houston. Before specializing in predictive analytics, he spent 30 years working for oilfield service companies.

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GE, Maersk Drilling pilot predictive maintenance program

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GE and Maersk Drilling announced a partnership today to collaborate on a data analytics pilot project to increase Maersk’s drilling vessels’ productivity and to possibly reduce maintenance costs by up to 20%. The two companies have collaborated to deploy SeaStream Insight, GE’s new marine asset performance management program, powered by Predix. The pilot project will be carried out on one of Maersk Drilling’s...

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McReaken, Loftis win IADC Exemplary Service Awards

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IADC presented industry veterans Scott McReaken and Terry Loftis with Exemplary Service Awards at the 2016 IADC Annual General Meeting in Scottsdale, Ariz., on 3 November. Mr McReaken, CEO of Sevan Drilling, was recognized for his service as IADC Secretary/Treasurer since 2013 and as an IADC Executive Committee member. Mr Loftis, Director of Engineering at Transocean, was recognized for his work as chairman of the IADC Advanced Rig Technology (ART) Committee...

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Tudor Pickering Holt: Oil prices could reach $70/bbl in 2017

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Byron Pope, Managing Director, Oil Service Research at Tudor Pickering Holt, is forecasting that oil prices could get up to $70/bbl next year. He attributed this to growing global energy demand and shortened supply caused by canceled upstream projects around the world. Mr Pope also expects upstream CAPEX to grow in the coming year and for the US land rig count to continue increasing. However, it may take several more years for the offshore rig market to recover, he said. Watch the video with DC’s Alex Endress from the 2016 IADC Annual General Meeting in Scottsdale, Ariz., on 4 November for more information.

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