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UBS analyst: North America to be energy independent by 2020

Posted on 13 September 2012 in Global and Regional Markets, News

North America is on the path to energy independence, and the US will reduce its reliance on OPEC oil to zero by the end of this decade, asserts Nicole Decker…

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IADC Crown Center for Excellence opens channels for global communication, collaboration

Posted on 13 September 2012 in IADC: Global Leadership, Global Challenges, News

IADC hosted the grand opening of its Crown Center for Excellence on 12 September at its Houston headquarters…

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Automation expert: Drilling industry hindered by traditional business model

Posted on 13 September 2012 in Innovating While Drilling, News

The world has never needed more from the drilling industry than it does today, yet current methods of operation…

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SPE to hold drilling automation workshop on 7 October

Posted on 13 September 2012 in Innovating While Drilling, News

Drilling automation will take center stage at the SPE Drilling Systems Automation Symposium on 7 October in…

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Shell, Santos award service contracts for Australia’s busy North West Shelf

Posted on 13 September 2012 in News, The Offshore Frontier

Shell and Santos have awarded service contracts to Viking SeaTech for work on Australia’s resource-rich North…

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Rowan to build fourth ultra-deepwater drillship with Hyundai

Posted on 13 September 2012 in News, The Offshore Frontier

Rowan Companies has exercised an option to build a fourth GustoMSC P10,000 design ultra-deepwater drillship with Hyundai Heavy Industries…

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Transocean to sell 38 shallow-water rigs to Shelf Drilling

Posted on 13 September 2012 in News, The Offshore Frontier

Transocean has reached agreements to sell 38 shallow-water drilling rigs to Shelf Drilling International Holdings for approximately US $1.05 billion…

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Mechanical extrusion process uses robust darts to activate downhole tools

Posted on 05 September 2012 in Innovating While Drilling, News

Churchill Drilling Tools has developed a mechanical extrusion process that uses rigid metal darts to improve cycling…

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Ulterra PDC bit sets record time, distance in Oklahoma “chat” well

Posted on 31 August 2012 in Innovating While Drilling, News, Onshore Advances

An Ulterra 6.125-in. U613M PDC bit combined with a TorkBuster performance-drilling tool has drilled…

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PEMEX makes its first discovery in deepwater Gulf of Mexico

Posted on 30 August 2012 in Global and Regional Markets, News, The Offshore Frontier

PEMEX has made its first discovery of crude oil in deepwater Gulf of Mexico, which confirmed the existence of light crude oil in deepwater Gulf of Mexico…

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