Archive | Global and Regional Markets

Atwood Oceanics, KCA DEUTAG and Noble Corp secure contracts for rigs, drilling services

Posted on 17 July 2012 in Global and Regional Markets, News

Atwood Oceanics, KCA DEUTAG and Noble Corp recently were awarded contracts for their rigs and drilling services…

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Statoil makes gas, condensate discovery in North Sea

Posted on 17 July 2012 in Global and Regional Markets, News

Statoil and its partner Total E&P Norge recently made a significant gas and condensate discovery in the King Lear prospect…

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Continuous circulation system keeps ECD steady on Kvitebjørn

Posted on 16 July 2012 in 2012, Global and Regional Markets, Innovating While Drilling, July/August

To construct new wells and continue production, Statoil decided to include the Continuous Circulation System (CCS) on the Kvitebjørn field of the North Sea…

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Offshore Europe: E&P revival drives rig demand

Posted on 16 July 2012 in 2012, Features, Global and Regional Markets, July/August, The Offshore Frontier

Despite the financial hardships rippling through the European economy, operators and drilling contractors continue to thrive in a reinvigorated offshore European drilling market that is supported by continued high oil prices and buoyed by new discoveries on old fields…

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Shales, technologies, cultural shift refuel Romanian industry

Posted on 16 July 2012 in 2012, Global and Regional Markets, July/August, Onshore Advances

At the foothills of the Carpathian Mountains, the sight of new facilities at Industrial Park near the city of Ploiesti is a testament to Romania’s regenerating oil and gas industry…

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Euro-shales: Opposition mounts

Posted on 16 July 2012 in 2012, Features, Global and Regional Markets, July/August, Onshore Advances

A year ago, an article in the July/August 2011 issue of Drilling Contractor stated that the journey to achieving commercial shale gas production in Europe would be a slow one. Over the past 12 months or so, that journey has arguably gotten even slower…

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Ensco orders 7th Samsung DP3 drillship for 2014 delivery

Posted on 26 June 2012 in Global and Regional Markets, News, The Offshore Frontier

Ensco has exercised one of two options for an additional advanced-capability, DP3 ultra-deepwater drillship based on the Samsung GF12000 hull design…

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Central GOM lease sale attracts $1.7 billion-plus in high bids

Posted on 21 June 2012 in Global and Regional Markets, News, The Offshore Frontier

A Central Gulf of Mexico oil and gas lease sale held today attracted more than $1.7 billion in high bids for tracts on the US Outer Continental Shelf …

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In search of trust: Industry must build on ‘responsible drilling’ approach

Posted on 21 June 2012 in Drilling It Safely, Global and Regional Markets, News, Onshore Advances, The Offshore Frontier

Advocating the approach of “responsible drilling” at the IADC World Drilling 2012 Conference in Barcelona on…

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Chevron, industry emphasize responsible shale-gas development

Posted on 21 June 2012 in Drilling It Safely, Global and Regional Markets, News, Onshore Advances, Videos

Mike Power, manager of unconventional resources in drilling and completions for Chevron, speaks about Chevron’s and the industry’s efforts to…

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