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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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New bits look beyond design at overall wellbore

Posted on 16 July 2012 in 2012, Features, Innovating While Drilling, July/August

In the wellbore, drill bits lead the way through formations to achieve longer wells more efficiently and quickly. The latest developments in drill bits share a common goal: optimize bit performance in the wellbore to save time and money…

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People, Companies & Products

Posted on 16 July 2012 in 2012, Departments, July/August

Mærsk Mc-Kinney Møller, a businessman and philanthropist whose business spanned multiple continents and industries, from Europe to North America, from the airline industry to oil and gas, died 16 April in Copenhagen at the age of 98…

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Guest Editorial: BSEE – Safety must permeate all levels

Posted on 16 July 2012 in 2012, Drilling It Safely, July/August

As anyone who works on the Outer Continental Shelf knows, offshore safety is everyone’s responsibility. Every company, every worker, every day. At this year’s Offshore Technology Conference, I unveiled…

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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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Lifting guide: Hoist safety tips every rigger, operator should know

Posted on 16 July 2012 in 2012, Drilling It Safely, July/August

All too often, hoisting-related accidents in North America could have been prevented simply by properly training operators on the operation, safe rigging, inspection and…

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Industry maps smarter way to build wellbores

Posted on 16 July 2012 in 2012, Features, Innovating While Drilling, July/August

Fifteen years after the first intelligent well system (IWS) was installed in Norway, the application is finally stepping out of its high-end niche and gaining broad recognition as the game-changer it was designed to be…

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Industry LTI rate falls to record-low 0.34 in 2011, ISP data shows

Posted on 16 July 2012 in 2012, Drilling It Safely, IADC: Global Leadership, Global Challenges, July/August

The drilling industry’s worldwide lost-time incidence (LTI) rate dropped to a record low of 0.34 in 2011, an 11% improvement over the rate of 0.38 in 2010…

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Wirelines

Posted on 16 July 2012 in 2012, IADC: Global Leadership, Global Challenges, July/August

IADC has submitted comments to the New Zealand Department of Labour commenting on its review of the Health and Safety in Employment (Petroleum Exploration and Extraction) Regulations of 1999…

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