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Collaboration among operator, contractor, service company provides MPD functionality to drillship

Posted on 25 June 2014 in Exclusive Video, Innovating While Drilling, News, The Offshore Frontier

As operators face increasingly challenging reservoirs, conventional technologies are becoming inefficient in safely achieving well objectives on time and on budget. To address…

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IHS: Rising operating costs challenge outlook for offshore rig market

Posted on 25 June 2014 in News, The Offshore Frontier, Videos

The strength of dayrates for offshore rigs in recent years has attracted significant investment and a spate of orders for newbuilds – particularly premium jackups, Tom Kellock…

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‘Seamless’ approach needed to drive performance in unconventional field development

Posted on 25 June 2014 in Completing the Well, Innovating While Drilling, News, Videos

While advanced technologies have allowed the industry to drill farther and complete more stimulation stages in each wellbore, there is still room for improvement. Rustom Mody…

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OMV: Technology key to halving cost, doubling the number of wells drilled

Posted on 24 June 2014 in Global and Regional Markets, Innovating While Drilling, News, Onshore Advances

From operations onshore Romania to offshore New Zealand, challenges come in all shapes and sizes for OMV E&P, but the Austrian-based operator is…

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Maersk Drilling orders 20K BOP, risers for BP project

Posted on 24 June 2014 in Innovating While Drilling, News, The Offshore Frontier

Maersk Drilling has ordered four BOPs and two risers from GE Oil and Gas that will be used in the Project 20K partnership with BP. The BOPs and risers will be delivered…

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IADC launches KSA Competencies online database

Posted on 24 June 2014 in Drilling It Safely, IADC: Global Leadership, Global Challenges, News

IADC officially kicked off its the IADC Knowledge, Skills and Abilities (KSA) Competencies Program last week at IADC World Drilling 2014 in Vienna. The goal of the project is to…

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KCA Deutag wins land newbuild contract for Brunei Shell

Posted on 23 June 2014 in Global and Regional Markets, News, Onshore Advances

Brunei Shell Petroleum (BSP) has awarded a contract to KCA Deutag’s land division for the construction and operation of a newbuild land rig in Brunei. Bentec will manufacture…

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Mapping the future to 2025: Drilling system automatically executes well plan, completion

Posted on 19 June 2014 in Drilling It Safely, Innovating While Drilling, News, The Efficient Rig

A group of multidisciplinary experts from inside and outside the drilling industry has banded together to develop a roadmap for drilling systems automation (DSA). The DSA…

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CSB report: Macondo BOP failed due to unrecognized pipe buckling during well control efforts

Posted on 18 June 2014 in Drilling It Safely, IADC: Global Leadership, Global Challenges, News

The blowout preventer (BOP) that was intended to shut off the flow of high-pressure oil and gas from the Macondo well in the Gulf of Mexico failed to seal the well because…

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Study: Oil & gas boost European government treasuries by over €400B annually

Posted on 18 June 2014 in Global and Regional Markets, IADC: Global Leadership, Global Challenges, News

Oil and gas contribute hundreds of billions of euros to European government revenues every year, a new study shows, highlighting how the industry – far from being subsidized…

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