Archive | Global and Regional Markets

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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Survey reveals contractors’ employee benefits status, highlights opportunities for improvement

Posted on 03 November 2009 in 2009, Global and Regional Markets, July/August

Balancing the need to control benefit plan costs and the need to provide value to employees is a challenge. In times of uncertainty, the struggle…

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Norwegian PSA tracks negative trend in attitudes toward safe lifting, urges radical change

Posted on 03 November 2009 in 2009, Drilling It Safely, Global and Regional Markets, IADC: Global Leadership, Global Challenges, July/August

Change was the winning slogan in the recent US presidential election. In the same way, a willingness to adapt and think anew is essential for reducing risk…

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ADCO develops high-profile HSE visits as efficient tool to demonstrate management commitment

Posted on 02 November 2009 in 2009, Global and Regional Markets, September/October

As a result of the significant efforts being undertaken by Abu Dhabi Company for Onshore Oil Operations (ADCO) drilling division and its contractors to…

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IADC enhances accreditation, operations initiatives to support Middle East HSE, training, drilling

Posted on 02 November 2009 in 2009, Global and Regional Markets, September/October

For more than a decade, IADC has maintained a strong presence in the Middle East. Not satisfied with past successes, however, the association and its members…

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TOTAL aims for ‘routine’ deepwater drilling in West Africa

Posted on 30 October 2009 in 2008, Global and Regional Markets, September/October, The Offshore Frontier

By Jeremy Cresswell, contributing editor The name TOTAL is synonymous with West Africa, and for sure the region ranks as the French group’s number one theater of activity. Moreover, the company has an excellent exploration track record and reputation as a technology frontier buster when it comes to developing discoveries. While many of the headlines […]

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Africa’s Atlantic Frontier: an E&P review

Posted on 30 October 2009 in 2008, Global and Regional Markets, September/October

By Jeremy Cresswell, contributing editor Africa is always in the headlines. The stories are rarely positive, and that’s a terrible shame given the extraordinary richness and diversity of this vast continent. But this review is a positive story, and our first stopping point is Mauritania. From Mauritania in the north through “Golden Crescent” states like […]

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Geothermal drilling market heats up

Posted on 30 October 2009 in 2008, Global and Regional Markets, Innovating While Drilling, Onshore Advances, September/October

by Linda Hsieh, Assistant Managing Editor As oil prices reach unheard-of highs in the $140/bbl range, energy sources that have historically been considered too expensive to produce economically are getting new leases on life. Many such energy sources, like wind and solar, tend to reside far outside the realm of the oil and gas drilling […]

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Geothermal holds potential for new energy – and for new drilling

Posted on 30 October 2009 in 2008, Global and Regional Markets, Innovating While Drilling, July/August, Onshore Advances

By Linda Hsieh, assistant managing editor Like many renewable energy sources, geothermal carries substantial potential for powering the world in an environmentally friendly way. However, also like many renewable energy sources, geothermal remains unable to evolve into a fully viable alternative to oil or natural gas. The late 1970s and early ’80s saw rapid growth […]

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