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Drilling outlook: Offshore to remain weaker than onshore in near future

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This year has so far been better than 206, but the industry still has a long way to go on its path to recovery. Speaking at the 2017 IADC World Drilling Conference on 28 June in Amsterdam, Matt Adams, Senior Analyst with Douglas-Westwood, highlighted the current attractiveness of onshore projects compared with offshore, including the lower risks and quicker returns...

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Challenges, limitations must be understood before industry can fully leverage data mining

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Data mining is defined as the computing process of discovering patterns in large data sets involving methods at the intersection of machine learning, statistics and database systems. How to best leverage data mining is something that the drilling industry is still trying to determine. In this video from the 2017 IADC World Drilling Conference on 29 June in Amsterdam, Christian Herbig, Project Engineer at the Baker Hughes Celle Technology Center in Germany, discusses the main challenges to leveraging big data in drilling, as well as benefits/limitations of data mining...

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Wired drill pipe enables automation, optimization of drilling process

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Maersk Drilling and National Oilwell Varco (NOV) recently collaborated on a project in the Norwegian North Sea in which wired drill pipe technology was installed and deployed on a jackup to improve the drilling process. The details of this project were discussed in a presentation at the 2017 IADC World Drilling Conference on 28 June in Amsterdam. The presentation was jointly delivered by Sarah Balangalibun, Senior Mechanical Engineer for Maersk Drilling, and Sanna Zainoune, Senior Dynamic Drilling Solutions Engineer with NOV. In this video with DC, Ms Balangalibun and Ms Zainoune talk about the challenges on this Norwegian field that led to the implementation of wired drill pipe technology, specific applications that were deployed the rig, as well as results achieved. Watch the video to learn more...

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Thigpen: Improving performance, efficiency will be key for offshore to compete with shales

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The offshore industry has reduced deepwater development costs by up to 50% over the past couple of years, much of it sustainable, but is that enough for deepwater to compete with shales for investors’ capital? In the near term, probably not, acknowledged Jeremy Thigpen, Transocean President and CEO, in a keynote presentation at IADC World Drilling 2017. But in the long term, there remains a critical need for deepwater resources...

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Companies should leverage data to make people, not machines, smarter

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When talking about big data, the focus is often on using it to improve machine or software capabilities. However, the goal of big data should actually be to enable better human decision-making, Amit Mehta, Chief Excellence Officer for data analytics company Moblize, said at the IADC Drilling Engineers Committee Technology Forum, held on 14 June in Houston. In this video with DC, Mr Mehta explains how engineers can use big data to improve their performance and separate fact from fiction...

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Sola Falodun recognized with IADC Exemplary Service Award

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Sola Falodun, General Manager, Drilling and Completion Systems for Nigeria-based OES Energy Services, was presented with an IADC Exemplary Service Award at IADC World Drilling 2017 on 28 June in Amsterdam. Mr Falodun was recognized for his service as Chairman of the IADC Nigeria Chapter, as well other contributions to the organization, including serving on the Program Committee for IADC Drilling Africa...

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Small signs hint at possible recovery in still-sluggish North Sea

The ENSCO 120 jackup is scheduled to begin a three-year drilling program in the North Sea in July. It was the first rig equipped with Ensco’s Canti-Leverage Advantage system, which enhances the rig’s hoisting capacity at the farthest reaches of the cantilever when the rig is fully skidded out, leading to fewer rig moves on multiwell programs.

Although the North Sea drilling market is still quite a ways from what one might call healthy, small signs of recovery are starting to sprout. Several operators, for example, have publicly touted significant reductions in their breakeven costs for offshore projects – from Maersk Oil’s $40-45 range for pre-FID projects to Statoil’s $27 for pre-FID Norwegian Shelf projects...

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No room for failure in RSS performance as cost pressures persist

NOV developed the VectorEDGE RSS for drilling lateral sections in wells on well-understood fields. By eliminating near-bit sensors and built-in MWD equipment, the cost of the RSS has been cut in half. Design of the system began in 2012, and field tests in West Texas and the Northeast US have been ongoing since 2016.

Today’s rotary steerable systems (RSS) are being developed with one primary goal: delivering high-quality wellbores at low cost. Some service companies are reducing costs by developing more durable tools that can drill for longer in harsh environments, while others are focused on reducing the cost of the tool itself by eliminating non-essential functions...

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