Archive | CurrentFeatures

Five years after Macondo

Posted on 23 April 2015 in 2015, CurrentFeatures, May/June

Five years ago, a tragic blowout engulfed the Macondo well – devastating the Gulf of Mexico, the global drilling industry and, indeed, the people onboard the Deepwater Horizon. The magnitude of the blowout and resulting spill brought about a heightened awareness…

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No end in sight for market volatility

Posted on 23 April 2015 in 2015, CurrentFeatures, Global and Regional Markets, May/June

The roller coaster ride the oil and gas industry has been on the last eight months has all the twists, turns and anxiety of an amusement park thrill ride – without the thrills. Significant volatility is evidenced by daily, sometimes hourly, price swings…

Open-hole completion innovations push efficiencies in shales

Posted on 23 April 2015 in 2015, CurrentFeatures, Innovating While Drilling, May/June

Designing an unconventional well these days is anything but simple. A decade of learning has uncovered a multitude of issues for operators to consider, from reservoir characteristics to stage counts…

Eyes on the long term in US Gulf of Mexico

Posted on 23 April 2015 in 2015, CurrentFeatures, Global and Regional Markets, May/June, The Offshore Frontier

Major deepwater exploration successes made 2014 a banner year for the US Gulf of Mexico (GOM). These include Chevron’s Anchor and Guadalupe discoveries in the Green Canyon and Keathley Canyon areas of the Lower Tertiary trend; Shell’s Rydberg in the Mississippi Canyon in the Jurassic…

US shale production expected to rise even as rig count tumbles

Posted on 23 April 2015 in 2015, CurrentFeatures, Features, Global and Regional Markets, May/June, Onshore Advances

Last year, the US land rig count peaked in November at 1,859. As of 10 April, that number had tumbled to 951, according to the Baker Hughes Rig Count. It’s a glaring indicator of the weak rig market…

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