Archive | Global and Regional Markets

Optimizing drilling parameters and drill bit design boosts ROP by 37% in Algerian field

Posted on 08 September 2010 in 2010, Global and Regional Markets, September/October

Drilling challenges in the Hassi Messaoud (HMD) oilfield of Algeria have proven to be equal to the magnitude of its production. Historically, wells drilled…

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Despite weak spots, contractors see decent prospects in West Africa offshore Angola, Ghana

Posted on 08 September 2010 in 2010, Features, Global and Regional Markets, September/October

Despite a general oversupply of offshore rigs globally that is affecting utilization and dayrates in numerous markets, the West Africa region appears to be holding its own with consistent levels of E&P activity…

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Drilling optimization enhances development of harsh-environment East Shetland fields

Posted on 12 July 2010 in Global and Regional Markets, July/August

New operator in the North Sea EnQuest PLC, which acquired Petrofac Energy Developments Ltd, faced a daunting first drilling project in the northern-most reaches of the…

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NPD: Norway looks to natural gas, increased exploration, EOR techniques to boost production

Posted on 12 July 2010 in Global and Regional Markets, July/August

Norwegian oil production may have been on the downslide since the early 2000s, but the country is confident it can make up for that decline by boosting production of…

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North Sea discoveries: UK’s Tybalt, Catcher, Norway’s Draupne, Beta among hot prizes

Posted on 12 July 2010 in Global and Regional Markets, July/August

These are tough times for the North Sea. Even though oil prices are reasonably buoyant, the situation for natural gas is less positive. Coupled with multiple impacts from the…

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Maersk: Helping operators get the max out of modern rig fleet to be focus in 2010

Posted on 12 July 2010 in Features, Global and Regional Markets, July/August

Providing another take on the Norwegian drilling market is Martin Fruergaard, Maersk Drilling vice president and chief commercial officer. He believes that the drilling market in Norway has seen only a limited…

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Seadrill: With Statoil active again, Norwegian market looking up for 2010

Posted on 12 July 2010 in Features, Global and Regional Markets, July/August

In the Norwegian segment of the European drilling market, Statoil is a true giant. If it stamps one foot, the whole region will shake and tumble. In late 2008, when recession hit the global economy…

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Interview with Tony Marszalek, president of Schlumberger Italiana, at IADC World Drilling 2010 in Budapest

Posted on 18 June 2010 in Global and Regional Markets, Innovating While Drilling, Videos

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Asia Pacific jackup, tender markets on the mend: Activities picking up, but no boom yet

Posted on 30 April 2010 in 2010, Features, Global and Regional Markets, May/June

Like most of the rest of the world, the Asia Pacific drilling market has had it rough since the global recession began. Discretionary expenditures at many oil companies were hammered, leading to the cancellation or delay of many…

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Indonesian 2-well UBD campaign cuts reservoir damage and more in marginal heavy-oil field

Posted on 30 April 2010 in 2010, Global and Regional Markets, May/June

The oil from the Ngimbang Carbonate reservoir in Sepanjang Island, East Java, Indonesia, is composed mostly of heavy black oil with a pour point of…

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