Archive | IADC: Global Leadership, Global Challenges

IADC launches KSA Competencies Program online database

Posted on 10 July 2014 in 2014, Drilling It Safely, IADC: Global Leadership, Global Challenges, July/August

IADC officially kicked off its Knowledge, Skills and Abilities (KSA) Competencies Program at IADC World Drilling 2014 in Vienna in June. The goal of the project is to ensure…

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IADC ISP: LTI rate holds steady in 2013, TRIR down by 8%

Posted on 10 July 2014 in 2014, Drilling It Safely, IADC: Global Leadership, Global Challenges, July/August

The global drilling industry saw its lost-time incidence (LTI) rate and its number of fatalities unchanged from 2012 to 2013, at 0.26 and 22 fatalities, respectively. Improvements…

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Rally in the North Sea

Posted on 10 July 2014 in 2014, CurrentFeatures, Global and Regional Markets, IADC: Global Leadership, Global Challenges, July/August

Despite myriad challenges such as rising costs, mature fields and increasingly tougher regulations, the European drilling market continues to exhibit strength in terms of contract backlogs, rig utilization and a general feeling of…

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Wirelines

Posted on 10 July 2014 in 2014, IADC: Global Leadership, Global Challenges, July/August

Jared Blong, CEO and President of Midland, Texas-based Octane Energy and past Chairman of the IADC Permian Basin Chapter, recently addressed the US House Committee on Small…

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News Cuttings

Posted on 10 July 2014 in 2014, IADC: Global Leadership, Global Challenges, July/August

The IADC North Sea Chapter (NSC) recognized the best in safety performance at its annual Safety Awards ceremony held in Aberdeen on 16 May. Northern Offshore and Noble Drilling…

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Editorial: Tools to improve performance are there, but it’s up to the industry to use them

Posted on 10 July 2014 in 2014, IADC: Global Leadership, Global Challenges, July/August

The industry believes it’s on top of its game, but that is far from what the public feels. This was stated by Kevin Lacy while speaking on a panel session at the recent…

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Octane Energy’s Jared Blong addresses US Congressional subcommittee

Posted on 07 July 2014 in Global and Regional Markets, IADC: Global Leadership, Global Challenges, News

Jared Blong, CEO and President of Midland, Texas-based Octane Energy and past Chairman of the IADC Permian Basin Chapter, recently addressed the…

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IADC launches KSA Competencies online database

Posted on 24 June 2014 in Drilling It Safely, IADC: Global Leadership, Global Challenges, News

IADC officially kicked off its the IADC Knowledge, Skills and Abilities (KSA) Competencies Program last week at IADC World Drilling 2014 in Vienna. The goal of the project is to…

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CSB report: Macondo BOP failed due to unrecognized pipe buckling during well control efforts

Posted on 18 June 2014 in Drilling It Safely, IADC: Global Leadership, Global Challenges, News

The blowout preventer (BOP) that was intended to shut off the flow of high-pressure oil and gas from the Macondo well in the Gulf of Mexico failed to seal the well because…

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Study: Oil & gas boost European government treasuries by over €400B annually

Posted on 18 June 2014 in Global and Regional Markets, IADC: Global Leadership, Global Challenges, News

Oil and gas contribute hundreds of billions of euros to European government revenues every year, a new study shows, highlighting how the industry – far from being subsidized…

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