Archive | The Offshore Frontier

US President Obama requests $204.7 million in 2016 for BSEE

Posted on 02 February 2015 in Drilling It Safely, News, The Offshore Frontier

President Obama’s fiscal year 2016 budget request for the Bureau of Safety and Environmental Enforcement (BSEE) is $204.7 million, providing robust support that will enable BSEE to keep pace…

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Marine Well Containment Company completes expanded containment system

Posted on 02 February 2015 in Innovating While Drilling, News, The Offshore Frontier

Marine Well Containment Company (MWCC) announced the completion and delivery of its expanded containment system, bolstering well containment capabilities…

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Chevron, BP, ConocoPhillips advancing Paleogene discoveries in deepwater GOM

Posted on 30 January 2015 in Global and Regional Markets, News, The Offshore Frontier

Chevron and BP will collaborate with ConocoPhillips to explore and appraise 24 jointly-held offshore leases in the northwest portion of Keathley Canyon…

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Critical Issues in Drilling & Completions – Exclusive Q&A’s with industry leaders

Posted on 28 January 2015 in 2015, Drilling It Safely, Features, Global and Regional Markets, IADC: Global Leadership, Global Challenges, Innovating While Drilling, January/February, The Offshore Frontier

The global drilling industry is going through a rough patch. Falling oil prices have put companies on edge, stirring anxieties about what lies ahead in 2015…

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Drilling & Completion News

Posted on 28 January 2015 in 2015, Global and Regional Markets, January/February, The Offshore Frontier

An intensive drilling program is under way on the Egina project in Nigeria, TOTAL announced. Two rigs will be kept busy for a total of 3,000 days, drilling 44 wells…

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In Brazil’s deepwater, ‘there is no turning back’ on MPD

Posted on 28 January 2015 in 2015, Global and Regional Markets, Innovating While Drilling, January/February, The Offshore Frontier

The biggest challenge is to enhance productivity in the complex environment of offshore well construction. This can be achieved by improving well designs to better manage…

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Still sunny, but clouds are brewing

Posted on 28 January 2015 in 2015, Features, Global and Regional Markets, January/February, The Offshore Frontier

The Asia Pacific is as vast as it is diverse. With huge gas projects in Australia, a focus on maximizing domestic resources in Indonesia and Malaysia, and new bidding rounds announced in Myanmar, Thailand and the Philippines, the region’s long-term outlook is strong…

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Hess announces 2015 capital, exploratory budget

Posted on 27 January 2015 in News, The Offshore Frontier

Hess Corp announced a 2015 capital and exploratory budget of $4.7 billion, a 16% reduction from its 2014 actual spend of $5.6 billion. Of this, $2.1 billion (45%) is budgeted for unconventional shale resources…

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Petrobras reduces operating costs, time with new pre-salt subsea equipment deployment technique

Posted on 22 January 2015 in News, The Offshore Frontier

At the end of last year, Petrobras deployed its first wet Christmas tree using cables in the pre-salt area. The main change involved was the use of a subsea equipment…

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XACT, BP complete first deepwater deployment of SandSentry Acoustic Telemetry Network in Gulf of Mexico

Posted on 22 January 2015 in News, The Offshore Frontier

XACT Downhole Telemetry, in conjunction with BP, recently completed the first operational field trial of the SandSentry Acoustic Telemetry Network in the deepwater Gulf of Mexico…

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