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Panel: Development of 20,000-psi BOP impacts entire rig

Posted on 23 September 2014 in Innovating While Drilling, News, The Offshore Frontier

The development of 20,000-psi drilling equipment and systems has been on industry’s agenda to meet operational needs in challenging frontiers. Although the BOP is a major focus in this effort…

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‘Transformational technologies’ to support drilling systems automation

Posted on 23 September 2014 in IADC: Global Leadership, Global Challenges, Innovating While Drilling, News

On the road to drilling systems automation (DSA), communication plays a key role, in which physical mediums and standards enable disparate solutions…

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Maersk Drilling receives one-year extension for Maersk Convincer

Posted on 22 September 2014 in Global and Regional Markets, News, The Offshore Frontier

Petronas Carigali has extended the contract for the jackup rig Maersk Convincer by one year. Consequently, the rig will be on contract with Petronas until mid-November 2015…

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Patterson-UTI Energy to acquire Texas-based pressure pumping assets

Posted on 22 September 2014 in Global and Regional Markets, News, Onshore Advances

A subsidiary of Patterson-UTI Energy has entered into an agreement to acquire the Texas-based pressure pumping assets of a privately held company…

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Video: Standardized communication key to progress of automation

Posted on 19 September 2014 in Innovating While Drilling, News, Videos

As automation technologies develop, it’s critical for the industry to establish standardized means of communication and terminology, John Berra, former Chairman of Emerson…

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Video: Gene Facey receives IADC Exemplary Service Award

Posted on 19 September 2014 in IADC: Global Leadership, Global Challenges, News, Videos

Gene Facey, a passionate volunteer and representative of the offshore drilling industry, recently was recognized with an IADC Exemplary Service Award. Stephen Colville, IADC…

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Video: NOV developing device to provide real-time drill string, wellbore data while tripping

Posted on 19 September 2014 in Drilling It Safely, Innovating While Drilling, News, Videos

National Oilwell Varco (NOV) is expanding the efficiency and safety benefits of wired drill pipe to tripping activities. Brian Van Burkleo, Business Development…

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Video: IADC ART Subcommittee evaluating cyber security standards for drilling contractors

Posted on 19 September 2014 in Drilling It Safely, IADC: Global Leadership, Global Challenges, Innovating While Drilling, News, Videos

The IADC Advanced Rig Technology (ART) Committee’s Drilling Control Systems (DCS) Subcommittee was created to provide information and guidelines to improve safety…

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ExxonMobil to add 17,800 net acres in Permian Basin

Posted on 19 September 2014 in Global and Regional Markets, News, Onshore Advances

ExxonMobil has entered an agreement with LINN Energy to add 17,800 net acres in the Permian Basin to its US oil and natural gas portfolio managed by subsidiary XTO Energy. In the exchange, LINN Energy will…

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Eni discovers oil onshore Ecuador

Posted on 19 September 2014 in Global and Regional Markets, News

Eni has made a significant oil discovery in Ecuador at the Oglan-2 exploration well located in Block 10, approximately 260 km southeast of Quito Early estimates suggest that the Oglan discovery potentially contains about 300 million bbl of oil in place. The well…

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