The 5th edition ballot of API Standard 53, "Blowout Prevention Equipment Systems for Drilling Wells," has been issued and can be found here. This proposed edition features new language applicable to onshore BOP equipment. Comments can be submitted via API's website using ballot ID 4329. Anyone can comment on a letter ballot, and all ballot responses are due on or before 21 February 2018...
Read More »IADC, Brazil’s IBP sign MOU for collaboration
IADC and the Brazil Institute of Petroleum, Gas and Biofuels (IBP) signed a memorandum of understanding (MOU) on 4 May in Houston. The MOU establishes a framework through which the organizations will...
Read More »North American rotary rig count up by 103 since last month
The North American rotary rig count has jumped by 103 units since last month, according to the IADC rig count, as reported by Baker Hughes. This includes 659 rigs in the US, which is up from 637 last month, as well as 315 rigs in Canada...
Read More »Stilley: Despite challenging outlook, opportunities are plenty in the long term
Opportunities abound for the drilling industry even in an environment of high costs and falling oil prices, Randall D. Stilley, President & CEO of Paragon Offshore, said...
Read More »In well control, an ounce of prevention is worth a pound of cure
It has been more than four years since Macondo, and the long-term effects of the oil spill are still being determined. “Oil is a natural substance that can be degraded...
Read More »Plaisance: Well Control Institute evaluating priority topics
The Well Control Institute (WCI) Board of Directors convened on 11 November in New Orleans. Moe Plaisance, who recently retired from Diamond Offshore Drilling, has...
Read More »Powell: Drilling contractors responsible for well control; planning, risk assessment fall under operators in EU directive
Before joining IADC, Taf Powell served with the European Commission as an expert adviser in offshore drilling and...
Read More »Study: Half of well control incidents would benefit from early kick detection
Approximately half of all loss of well control (LWC) incidents that occur on the US Continental Shelf may benefit from early kick detection, a study commissioned by the...
Read More »5 principles to follow for reducing risk of anti-corruption violations
In 2007, the US Department of Justice initiated an industry sweep targeting oilfield service companies, instigated by the government’s perceptions of the industry’s...
Read More »Transocean takes proactive approach to malaria protection, control
Although Ebola is the disease that’s dominating the bulk of media attention these days, malaria is perhaps the disease that companies should be thinking more about in...
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