Archive | Global and Regional Markets

Environmental concerns, infrastructure and economic viability challenge global unconventional markets

Posted on 06 March 2014 in Global and Regional Markets, IADC/SPE Drilling Conference, News, Onshore Advances

A world map of the total unconventional reserves that have been found illustrates a broader potential beyond the US, although that market…

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Keep engineers engaged in horizontal well control, Flaherty urges

Posted on 06 March 2014 in Drilling It Safely, Global and Regional Markets, IADC/SPE Drilling Conference, News

Horizontal drilling has been around for more than 25 years, yet the extent and intensity to which horizontal wells with extended lateral sections are being drilled today bring new…

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Wintershall well complexity index helps assess risk, contingency planning

Posted on 06 March 2014 in Global and Regional Markets, IADC/SPE Drilling Conference, News

An index defining a broad range of surface and subsurface well complexity parameters has been developed and implemented by German operator Wintershall to assess risk, cost…

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Systematic approach ensures drilling system synergy for deepwater drilling program

Posted on 06 March 2014 in Drilling It Safely, Global and Regional Markets, IADC/SPE Drilling Conference, News, The Offshore Frontier

Pre-planning and offset well review were critical factors to a systematic approach taken to improve a deepwater drilling program in the Gulf of Mexico, Reisha Bouska, Project Manager…

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Suttles: Maintaining social license to operate is critical to a sustainable energy boom

Posted on 05 March 2014 in Global and Regional Markets, IADC/SPE Drilling Conference, News

intaining the industry’s social license to operate is among the biggest threats to the sustained success of the shale-driven energy boom in North America, Doug Suttles, President and CEO…

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Halliburton launches service to provide integrated, custom drilling solutions

Posted on 05 March 2014 in Drilling It Safely, Exclusive Video, Global and Regional Markets, IADC/SPE Drilling Conference, News, Videos, Videos - IADC/SPE Drilling Conference

Halliburton launched Drilling Engineering Solutions at the 2014 IADC/SPE Drilling Conference in Fort Worth, Texas. Akshay Sagar, Business Manager, Drilling Systems and Solutions…

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Statoil, ExxonMobil successfully test Zafarani reservoir in Tanzania Block 2

Posted on 03 March 2014 in Global and Regional Markets, News, The Offshore Frontier

Statoil and co-venturer ExxonMobil announced the results from their first drill stem test in the Tanzania Block 2 offshore discoveries. The data acquired is important to…

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BP begins oil production from Na Kika well in Gulf of Mexico

Posted on 24 February 2014 in Global and Regional Markets, News

BP has announced the first Na Kika Phase 3 well began oil production on 19 February, with a second well expected to start up in Q2. The project will include drilling…

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Statoil makes gas discovery in Kramsnø prospect in Barents Sea

Posted on 20 February 2014 in Global and Regional Markets, News, The Offshore Frontier

Statoil has together with PL532 partners made a gas discovery in the Kramsnø prospect in the Barents Sea. The exploration program around the Johan Castberg field has been…

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Seadrill secures contracts with PEMEX for 4 jackups

Posted on 19 February 2014 in Global and Regional Markets, News

PEMEX has awarded six-year drilling contracts to Seadrill’s West Oberon, West Intrepid, West Defender and West Courageous jackups. A fifth contract for the recently acquired jackup…

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