Archive | Global and Regional Markets

Drillers Outlook Panel: Challenges abound, but so do opportunities

Posted on 11 November 2009 in Global and Regional Markets, News, Onshore Advances, The Offshore Frontier

It’s been said that drilling contractors are an optimistic bunch, and that certainly proved true with the three industry leaders who sat on the Drillers Outlook…

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Exclusive video: Goober changes name to Keen Energy Services

Posted on 11 November 2009 in Global and Regional Markets, News

As part of a rebranding effort, Stillwater, Okla.-based Goober Drilling has changed its name to Keen Energy Services. This follows an aggressive fabrication…

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Staying in balance is key to Anadarko model

Posted on 11 November 2009 in Global and Regional Markets, News

Steve Bosworth, Anadarko vice president worldwide drilling, gave thanks to the drilling contractors that were willing to work with his company on contract…

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ODS-Petrodata forecast: No balanced market in sight for jackups

Posted on 11 November 2009 in Global and Regional Markets, News, The Offshore Frontier

From the perspective of Tom Kellock, head of consulting and research for ODS-Petrodata, the outlook for the worldwide jackup market is far from rosy…

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Drilling & Completion News

Posted on 10 November 2009 in 2009, Departments, Global and Regional Markets, November/December

Anadarko Petroleum has announced another successful appraisal well in the West Cape Three Points Block offshore Ghana. The Mahogany-4 well, the eastern-most…

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With still no declines in production, 2010 natural gas outlook remains in limbo

Posted on 09 November 2009 in 2009, Global and Regional Markets, November/December, Onshore Advances

While the drilling industry was plowing ahead at full steam in 2008, everybody was frantic for growth. More people had to be hired and trained. More manufacturing facilities had to be…

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Northwest Europe: Chance of recovery may depend on small operators’ access to funding

Posted on 09 November 2009 in 2009, Global and Regional Markets, November/December, The Offshore Frontier

It’s money that makes the bit go around. When I was asked to prepare this outlook piece covering Northwest Europe a few weeks ago, the picture at first sight…

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Apache: Lower prices make gas projects hard to justify, technology is opportunity to ‘think positively’

Posted on 09 November 2009 in 2009, Features, Global and Regional Markets, November/December

As a company that prides itself on being “lean and mean” and being able to move fast when the economics of a project line up right, Apache Corp…

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Global jackup market is still soft to terrible. Is there anywhere to go but up?

Posted on 09 November 2009 in 2009, Features, Global and Regional Markets, November/December, The Offshore Frontier

While it’s true that appearances can be deceiving, it’s worth noting that as of early October, drilling activity appeared to be on the rise. Actual increases in drilling activity still ranged from minimal to barely noticeable…

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Burden is on industry to prove it can drill Marcellus without harming environment

Posted on 03 November 2009 in 2009, Global and Regional Markets, IADC: Global Leadership, Global Challenges, July/August, Onshore Advances

As interest in the Marcellus gas play intensifies, two Pennsylvania lawyers well-versed in the state’s environmental and land use planning laws have a simple…

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