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Hess, Chevron commence production from Tubular Bells Field in Gulf of Mexico

Posted on 17 November 2014 in News, The Offshore Frontier

Hess Corp announced that production has commenced from the Tubular Bells Field, located in the Mississippi Canyon area of the deepwater Gulf of Mexico…

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IADC Board elects Ed Jacob as 2015 Chairman

Posted on 14 November 2014 in IADC: Global Leadership, Global Challenges, News

Ed Jacob, Director, President and COO of Independence Contract Drilling, has been elected to serve as 2015 IADC Chairman. Additionally, Thomas Burke, President of Rowan Companies, was elected as…

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BP launches robotic core-flooding system

Posted on 10 November 2014 in Innovating While Drilling, News, Onshore Advances, The Offshore Frontier

The complete automation and workflow optimization in BP’s new Core Flood Robot enables hundreds of core flood tests to be performed each year, rather than dozens…

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Statoil suspends 2 rigs due to overcapacity

Posted on 06 November 2014 in Global and Regional Markets, News, The Offshore Frontier

Statoil has decided to suspend two new rigs due to overcapacity in the rig portfolio. Transocean Spitsbergen and Songa Trym will be suspended through 2014, a period which might be extended…

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Troubled waters

Posted on 05 November 2014 in 2014, CurrentFeatures, Features, Global and Regional Markets, November/December, The Offshore Frontier

The ingredients for a troubled deepwater market – flattening rig demand, increasing costs and falling oil prices – have been brewing in the past year. A number of deepwater projects have been postponed, and the industry…

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The other precious resource

Posted on 05 November 2014 in 2014, CurrentFeatures, Drilling It Safely, Features, November/December

What happens when a world thirsty for hydrocarbons meets a world competing for water? In the unconventionals sector, that collision of commodities is playing out across a variety of environmental and usage issues…

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Fertile grounds

Posted on 05 November 2014 in 2014, CurrentFeatures, Features, Global and Regional Markets, November/December, Onshore Advances

The onshore market has been a beacon for the global drilling industry, reflecting growth and improved efficiencies in the past year. This momentum is expected to guide the industry in the coming year…

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Drilling & Completion News

Posted on 05 November 2014 in 2014, Departments, November/December

Drillmec has designed an automated drilling rig called AHEAD, Advanced Hydraulic Electrical Automated Driller. It reduces the rig footprint by approximately 50%…

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Geometric evolution

Posted on 05 November 2014 in 2014, Completing the Well, CurrentFeatures, Features, November/December

In an industry not prone to taking leaps of faith, multilateral completions have yet to make that pivotal niche-to-mainstream transition. Instead, it has remained a slow, steady and evolving market driven by…

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Africa Briefs: Industry educates employees amid Ebola outbreak; Angola, Nigeria to lead Africa growth

Posted on 05 November 2014 in 2014, Drilling It Safely, Global and Regional Markets, November/December

West Africa has been hit hard by the largest Ebola epidemic in history. Sierra Leone, Guinea and Liberia have seen the highest number of infections…

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