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Author Archives: Chris Cantu

To navigate downturn, Vantage Drilling focuses on safety, putting rigs back to work and cost reductions

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When Ihab Toma took over Vantage Drilling as CEO last year, the company had just recently emerged from a Chapter 11 process with a modern rig fleet and strong operations team but with only three rigs contracted. As CEO, Mr Toma said he worked to refocus the company on what he called the three “wildly important goals” (WIGs): having stellar safety performance, putting all rigs back to work, and reducing costs and preserving cash to navigate the downturn. The company now has sold out its jackup fleet, with one drillship to go, and its backlog has doubled in the past six months. In this video from the 2017 IADC Drilling Middle East Conference in Dubai on 4 October, Mr Toma explains the process that was undertaken to implement the three WIGs, as well as the results achieved...

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High-transport, ultra low-density proppant deployed in Permian well

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The CARBOAIR high-transport, ultra low-density ceramic proppant technology was developed to increase fracture length and height to improve reservoir contact. The technology was recently deployed to fracture a well in the Permian Basin with a very thin hydrocarbon zone. In this video from 10 October at the 2017 SPE Annual Technical Conference and Exhibition in San Antonio, Texas, Don Conkle, Director of Sales and Marketing for CARBO, outlined the results that were achieved in this well...

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BHGE to leverage strengths of legacy companies to improve recovery, efficiency

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The merger between Baker Hughes and GE has led to the creation of the industry’s first-ever full-stream company, Mathias Schlect, Vice President of Enterprise Technology for BHGE, said during a press conference at the 2017 SPE Annual Technical Conference and Exhibition in San Antonio, Texas. In this video from the conference on 10 October, Mr Schlect discusses the strengths that each legacy company brings to the combined company. He also explains the major industry challenges – including improving recovery rates and increasing efficiency – that can be solved through digital technologies....

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System for automated pipe makeup, connection evaluation leads to consistency, efficiency

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When connections are made up manually, the results can be inconsistent. Last month, Weatherford released the AutoTong system to eliminate these inconsistencies and remove human inefficiencies from the connection makeup process. In this video from 10 October at the 2017 SPE Annual Technical Conference and Exhibition in San Antonio, Texas, Scott McIntire, AutoTong Product Champion, explains how the system delivers consistent and precise connections. He also describes how the system provides real-time support to help the driller detect and mitigate connection anomalies...

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Inspection tool uses high-definition frequency to identify corrosion in up to five tubular strings

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Metal corrosion can cause serious well integrity issues and nonproductive time. Halliburton launched the Electromagnetic Xaminer V (EPX V), which can identify corrosion and casing defects in up to five strings, at the 2017 SPE Annual Technical Conference and Exhibition in San Antonio, Texas. In this video from the conference on 10 October, Freeman Hill, Product Manager – Well and Reservoir Surveillance, describes how the EPX V uses high-definition frequency technology to provide a through understanding of pipe defects and metal loss throughout the well. He also discusses the various deployment methods, including slick line, for the system...

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Acoustic telemetry network provides real-time data during deepwater frac pack completions

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Most of the telemetry platforms in existence today don’t provide real-time data during completions. XACT Downhole Telemetry developed its acoustic telemetry network to provide pressure, temperature, tension, torque and bending data during completion operations. At the 2017 SPE Annual Technical Conference and Exhibition in San Antonio, Texas, the company highlighted recent deepwater case studies in which the system provided crucial data during frac pack completions. In this video from the conference on 10 October, Andy Hawthorn, Director of Solutions, explains how the network was used to help an operator free a bottomhole assembly that was stuck in the circulating position. He also discusses a deployment in which the network helped an operator to determine whether the perforating guns had fired....

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Peter Cunnion to take reins as IADC SAPC Chairman

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Peter Cunnion, Vice President at Northern Offshore, has been selected to take over the role of Chairman of the IADC Southern Arabian Peninsula Chapter (SAPC) in 2018. Mr Cunnion, who is succeeding Dave Formas, Senior Marketing Manager at Ensco, as SAPC Chairman, promised to continue to drive membership participation and involvement, which he says has been key to the success and growth of the SAPC. “The power of an organization like IADC is through its membership,” Mr Cunnion emphasized. As Chairman, he will be working to continue the annual golf tournament and gala dinner, which will be held on 21-22 March in 2018. The SAPC also will be working on a new Supply Chain Committee, as well as on reinstating the HSE Committee. For more information, watch this video with Mr Cunnion from the 2017 IADC Drilling Middle East Conference in Dubai on 4 October...

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Deloitte survey shows more cautious outlook for oil and gas rebound

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Oil and gas executives’ confidence in a quick industry recovery seems to have materially shifted this year from a return to optimism to more caution, according to Deloitte’s “2017 Oil and Gas Industry Executive” survey. With lower expectations of a rapid price recovery, the need by many to find new efficiency gains and reduce costs could push the digital revolution to its tipping point...

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BP’s Foreman: Industry must leverage people, technology, management systems to improve performance

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As the global oil downturn grinds on and the industry increasingly accepts the fact that the days of $100 oil are behind us, industry leaders must zero in on performance factors that can be controlled. In his keynote address at the 2017 IADC Drilling Middle East Conference in Dubai on 4 October, Paul Foreman, VP Wells of the Middle East Region for BP, proposed a model for approaching and leading performance in the business of wells. “While the model may be simple, we should not be lulled into thinking that it is easy to achieve,” Mr Foreman said. “It requires active leadership everyday to make the gains – gains that are not just for the short term but also sustainable.”...

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