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Author Archives: Brian Parks

IADC engages in multitude of initiatives to catalyze improved performance for the global drilling industry

IADC President/CEO Stephen Colville speaks at the 2015 HSE&T Conference, held 3-4 February in Houston. Despite tough market conditions this year, Mr Colville has kept IADC’s focus on initiatives that will serve to catalyze improved performance for the drilling industry.

2015 marked the 75th anniversary of IADC. Over this time, our members have experienced the inevitable ebbs and flows of the global oil and gas industry. But this year has been as testing as any we have known – low oil prices and high operational costs have led to drastic reduction in rig counts globally both onshore and offshore.

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