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BP readies Houston well capping package for global deployment

Posted on 10 July 2013 in 2013, Completing the Well, Drilling It Safely, July/August, The Offshore Frontier

Although BP has continued to stress prevention as the primary focal point of its well control initiatives since April 2010, the operator has not neglected work on its $50 million global deepwater well capping and tooling package…

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People & Companies briefs: Shellebarger to succeed Luquette at Chevron; van Beurden named Shell CEO

Posted on 10 July 2013 in Departments, News

Jeff Shellebarger has been named president of Chevron North America Exploration and Production Company…

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New regional representatives join IADC to enhance membership service in Europe

Posted on 10 July 2013 in 2013, IADC: Global Leadership, Global Challenges, July/August

To more effectively represent members in Europe and the North Sea, IADC recently appointed John Boogaerdt and John Atkinson as regional representatives…

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PV Drilling orders new jackup for early 2015 delivery

Posted on 05 July 2013 in Drilling Rigs & Automation, Microsites, News

PV Drilling Overseas (PVDO) is acquiring a KFELS B Class jackup scheduled for delivery in Q1 2015 for approximately US $210 million.

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Petrobras sets pre-salt production record

Posted on 03 July 2013 in Global and Regional Markets, News, The Offshore Frontier

On 18 May, Petrobras set a new pre-salt production record, with output of 322,100 barrels of oil per day (bpd), 11,000 bpd up on the previous record of 311,500 bpd…

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Baker Hughes drilling fluid system optimizes circulating pressures

Posted on 02 July 2013 in Innovating While Drilling, News

Baker Hughes’ recently commercialized the MPRESS drilling fluid system, which enables operators to manage circulating pressure more efficiently…

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Deloitte and NASA bring space-age risk management to oil and gas industry

Posted on 01 July 2013 in Drilling It Safely, News

In a move designed to bring advanced risk-management capabilities to America’s energy industry, the Deloitte Center for…

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Baker Hughes’ new gravel-pack, frac-pack system completes job in Gulf of Mexico

Posted on 28 June 2013 in Global and Regional Markets, Innovating While Drilling, News

Baker Hughes recently performed the first commercial frac-pack job with the SC-XP system in the Gulf of Mexico…

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2nd OSRL capping system delivered to Singapore base

Posted on 26 June 2013 in Drilling It Safely, Global and Regional Markets, News, The Offshore Frontier

Oil Spill Response Ltd (OSRL) unveiled the Subsea Well Intervention Service (SWIS) at its new facility in Singapore…

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EIA report: North American growth helps boost global oil production to record levels

Posted on 26 June 2013 in Global and Regional Markets, News

The Middle East still ranked as the world’s No. 1 crude oil producer in 2012, but growth in North American crude…

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