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New third-party software offers digital solution to raise drilling efficiency

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DNV GL will add a new third party software solution to Veracity, its open industry data platform, that is based on cleaned data collected from 80,000 oil and gas wells. AGR has agreed to host its iQx software on the platform, which contains information that is vital to companies selecting locations of wells. Users, such as drilling engineers, can access information on numerous metrics including geology and bit performance, enabling them to make smarter and more efficient operational decisions...

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BSEE increases safety inspection time offshore

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Beginning 1 April, the US Bureau of Safety and Environmental Enforcement (BSEE) is increasing physical inspection time offshore, while reducing taxpayer burden by nearly $20 million over 3.5 years, providing significant cost-savings to the American public. Exploring ways to make inspections more efficient and reduce helicopter-operating expenses, a team of BSEE leaders in the Gulf of Mexico Region developed the new approach...

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New members named to WCI board

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The IADC Executive Committee has confirmed the nominations of three new members to the Well Control Institute (WCI) Board of Directors. Dr Tom Burke, President and CEO of Rowan Companies, has taken the place of David Williams, who recently retired from Noble Drilling. Mike Holcomb, President of Patterson-UTI Drilling, has replaced John Lindsay of Helmerich & Payne. Thom Roller, Director of Worldwide Drilling for Apache, has taken the place of Roger Jenkins of Murphy. Both Mr Lindsay’s and Mr Jenkins’ terms on the Board had expired...

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