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Delays anticipated for BLM under US budget sequester; BOEM, BSEE also expect slower pace

Posted on 01 April 2013 in Global and Regional Markets, News

The US budget sequester, resulting in millions of dollars in cuts this year for key oil and gas regulatory…

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CEOs: Industry renaissance requires cooperation, technology to meet rising energy demand

Posted on 28 March 2013 in Global and Regional Markets, News

The oil and gas industry is entering a renaissance, but only if it can embrace a new paradigm of cooperation and technology…

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Study: Impact of Eagle Ford Shale tops $61 billion in 2012

Posted on 27 March 2013 in News, Onshore Advances

The 2012 Eagle Ford Shale estimated total economic output impact was more than $61 billion in South Texas, which is more than double the economic impact the year before…

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Ultra-high-temperature downhole reservoir testing system offers high-resolution pressure measurements

Posted on 27 March 2013 in Innovating While Drilling, News

Schlumberger has launched the Quartet-HT high-performance downhole reservoir testing system. This reservoir characterization…

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Schramm launches T500XD Telemast drill rigs

Posted on 26 March 2013 in Drilling Rigs & Automation, News, Onshore Advances

Schramm has launched its T500XD Telemast 500,000 lb hoist capacity drill rig currently headed to the Marcellus and Utica shales…

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BP completes flow test of Itaipu-1A well, offshore Brazil

Posted on 25 March 2013 in News, The Offshore Frontier

BP has completed a successful flow test of the Itaipu-1A discovery well offshore Brazil. The Itaipu-1A pre-salt well is located in block BM-C-32…

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Petrobras announces US $236.7 billion business plan for 2013 – 2017

Posted on 20 March 2013 in Global and Regional Markets, News, Onshore Advances, The Offshore Frontier

Petrobras has announced a US $236.7 billion budget under a 2013-2017 Business & Management Plan (2013-17 BP)…

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Drilling Ahead: Webinar on competency clarifies complex topic

Posted on 18 March 2013 in 2013, Departments, IADC: Global Leadership, Global Challenges, March/April

Technology is our industry’s defibrillator. Without it, we would have shared the same calamitous demise that befell blacksmiths and buggy makers. Unable to pursue any but the lowest-hanging fruit, we’d end up beating our rigs into plowshares…

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Drilling & Completion Tech Digest

Posted on 18 March 2013 in 2013, Departments, March/April

Halliburton, Apache Corp and Caterpillar have developed dual-fuel technology to safely and efficiently power the pumping equipment used for fracturing treatments with a mixture of natural gas and diesel. With 12 pumps (24,000 hp), it is one of the largest dual-fuel projects in the industry…

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Cementing: Taking in lessons learned

Posted on 18 March 2013 in 2013, Features, Innovating While Drilling, March/April, Onshore Advances

Hydrocarbon production is a risky business, and nowhere is this more evident than in the deepest, darkest waters on the planet, where some of the brightest prospects for the future lie miles beneath the surface. High pressures and temperatures, extended laterals and unstable reservoirs are…

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