Archive | Global and Regional Markets

Case study: Planning enables remote-area drilling campaign

Posted on 28 May 2013 in 2013, Global and Regional Markets, Innovating While Drilling, May/June, The Offshore Frontier

Operators share rig, services for exploratory, appraisal program offshore Falkland Islands By J.W. Jenner, A. Morrison, Rockhopper Exploration; R. Lyons, Desire Petroleum; L. Phillips, AGR Petroleum Services; I. McBean, Diamond Offshore Drilling (UK) Offshore the Falkland Islands, approximately 650 km southeast of the South American continent, two small UK operators with limited in-house operational resources conducted […]

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Ship shape

Posted on 28 May 2013 in 2013, Features, Global and Regional Markets, May/June, The Offshore Frontier

The world’s offshore rig fleet is getting a makeover. The recovering global economy, healthy commodity prices, a burgeoning ultra-deepwater market and plans to venture into more harsh-environment fields have converged in a perfect storm of newbuild activity…

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Can’t keep the offshore industry down

Posted on 28 May 2013 in 2013, Features, Global and Regional Markets, May/June, The Offshore Frontier

The global offshore industry is undeniably enjoying another renaissance. Both the deepwater and jackup segments are benefitting from high utilization and climbing dayrates in almost every market around the world, and few doubt this positive outlook will continue…

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From recovery into growth

Posted on 28 May 2013 in 2013, Features, Global and Regional Markets, May/June, The Offshore Frontier

The state of affairs in the Gulf of Mexico (GOM) has shifted from recovery mode to a new growth phase, with deepwater activity surpassing pre-Macondo levels. It’s estimated that the moratorium set the GOM back one to two years, but industry has finally achieved a period of bustling activity…

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Remote directional drilling enhances shale well quality, efficiency

Posted on 28 May 2013 in 2013, Global and Regional Markets, Innovating While Drilling, May/June, Onshore Advances

After a successful pilot application in the Haynesville Shale, Shell Upstream Americas is taking steps to conduct all of its directional drilling (DD), geosteering (GS) and measurement/logging while drilling (MWD/LWD) operations in the Americas and beyond from remote drilling centers…

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Shale drilling reaps efficiency gains from MPD pressure control

Posted on 28 May 2013 in 2013, Global and Regional Markets, Innovating While Drilling, May/June, Onshore Advances

Managed pressure drilling (MPD) techniques that are used to drill some of the world’s most extreme conventional wells also have the capability to significantly improve drilling efficiency in unconventional shales…

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Global Shale Report: An expanding playground

Posted on 22 May 2013 in 2013, Features, Global and Regional Markets, May/June, Onshore Advances

Conventional wisdom has its place, but when it comes to land drilling, the thinking these days has a definite unconventional spin. “Unconventional” includes the vast shale plays that continue to be developed and discovered, not just in North America but also in basins worldwide…

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Exclusive video with Marshall Adkins: Bearish on oil, relatively more bullish on natural gas

Posted on 21 May 2013 in Exclusive Video, Global and Regional Markets, News

Marshall Adkins, managing director of Raymond James & Associates, speaks with…

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Marathon Oil: 3,000-plus wells possible in Eagle Ford acreage

Posted on 21 May 2013 in Global and Regional Markets, News, Onshore Advances

Marathon Oil has determined that it may drill more than 3,000 wells in its Eagle…

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Noble Energy moves toward mixed fleet of LNG-dedicated, dual-fuel rigs

Posted on 21 May 2013 in Drilling Rigs & Automation, Global and Regional Markets, News, Onshore Advances

After a pilot program initiated in early 2011 to compare the use of LNG versus diesel to power…

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