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Schlumberger announces digital well construction planning solution on Microsoft cloud

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Schlumberger has introduced DrillPlan digital well construction planning solution — the first step in the DELFI cognitive E&P environment. The DrillPlan solution is part of a fully integrated well construction offering, which transforms planning and execution performance, and enhances the efficiency and quality of every well drilled...

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Premier announces proposed sale of Wytch Farm interests

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Premier announced that it has entered into a sale and purchase agreement to sell its entire interests in licences PL089 and P534, which contain the Wytch Farm field, to Verus Petroleum for a cash consideration of $200 million (subject to certain customary financial adjustments) payable on completion. In addition, Premier will be able to release Letters of Credit totaling approximately $75 million that have been issued in relation to future decommissioning liabilities that are now being transferred to Verus. The effective date of the disposal is 1 July 2017. Wytch Farm is an onshore oil field located in Dorset, United Kingdom, that has been producing since 1979. Verus is a UK-focused independent E&P company backed by HitecVision, a Norway-based private equity investor ...

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MPD improves data collection, BOP service integrity life

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Conventional drilling methods often don’t provide enough data during the operation on pore/frac pressure and formation strength, and as a result, influxes are not detected until they reach the surface, Robert Ziegler, Global Director of Well Control Technology for Weatherford, said at the 2017 IADC Asset Integrity and Reliability Conference in Houston. In this video from the conference on 23 August, Mr Ziegler explains how managed pressure drilling (MPD) can provide more data on the pressure window and flow anomalies to reduce the chances of a blowout. He also explains how MPD can impact the service integrity life of BOPs...

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Lessons from aviation: Monitoring system detects minute deviations from normal operations

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The aviation industry has been using airplane health management (AHM) systems to perform prognostic health monitoring of airplanes and related equipment for years. Such systems help airlines detect potential problems before they occur, which not only helps ensure safety but also helps with cost reductions and the avoidance of schedule delays...

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Maintenance regimen critical to increase equipment reliability, rig safety while reducing downtime

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Reactive approaches to equipment maintenance can still be commonly found in the drilling industry. However, more companies are now recognizing the importance of building a proactive maintenance strategy in order to increase equipment uptime, as well as safety. In this video with DC, Jennifer Eckert, Global Product Manager at Ingersoll Rand, outlines the difference between reactive, planned and preventative approaches to equipment maintenance, as well as key steps companies can take to build an effective maintenance strategy. Watch DC’s video with Ms Eckert from the 2017 IADC Asset Integrity and Reliability Conference, held in Houston on 22-23 August, to learn more...

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HSE&T Corner: Chevron develops software tool for conducting, evaluating well control-related drills, seeks to share it with wider industry

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Well control, like safety, is too important to be leveraged as a competitive advantage. That’s why Chevron is planning to share with the wider industry a tool – called DrillPad – that the operator launched in 2015 to assist with the planning and tracking of well control drills. The software was developed as part of Chevron’s WellSafe assurance program...

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2016 ISP: Global LTI, recordable incident rates both down, but number of fatalities ticks up slightly

March accounted for the most Lost Time and Recordable incidents. The 26-35 age range accounted for the most Lost Time and Recordable incidents.

Numbers from the latest IADC Incident Statistics Program (ISP) are encouraging. The ISP, which has tracked safety and accident information for the drilling industry since 1962, shows that the worldwide lost-time incidents (LTI) rate improved by 27.7% from 2015 to 2016, going from 0.18 to 0.13. The recordable incident rate also saw improvement, falling by 23.3% from 0.60 in 2015 to 0.46 in 2016...

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