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Critical Issues in Drilling & Completions – Exclusive Q&A’s with industry leaders

Posted on 28 January 2015 in 2015, Drilling It Safely, Features, Global and Regional Markets, IADC: Global Leadership, Global Challenges, Innovating While Drilling, January/February, The Offshore Frontier

The global drilling industry is going through a rough patch. Falling oil prices have put companies on edge, stirring anxieties about what lies ahead in 2015…

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In industrialized drilling process, every element is up for optimization

Posted on 28 January 2015 in 2015, Global and Regional Markets, Innovating While Drilling, January/February

The industry’s transition to economically develop significant production from tight sand and shale-type resources is directly a result of improved drilling…

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Drilling & Completion News

Posted on 28 January 2015 in 2015, Global and Regional Markets, January/February, The Offshore Frontier

An intensive drilling program is under way on the Egina project in Nigeria, TOTAL announced. Two rigs will be kept busy for a total of 3,000 days, drilling 44 wells…

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2015 SPE/IADC Drilling Conference Special

Posted on 28 January 2015 in 2015, Features, IADC/SPE Drilling Conference, IADC: Global Leadership, Global Challenges, January/February

The 2015 SPE/IADC Drilling Conference and Exhibition, 17-19 March in London, will provide the global drilling industry with an opportunity to meet, network and share ideas that continue to drive technical and business innovations…

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Our technologies have moved on; our people must move with them

Posted on 28 January 2015 in 2015, Global and Regional Markets, Innovating While Drilling, January/February

In terms of drilling and completion technology, I think the industry is moving quite well. However, development of people’s capabilities is not keeping pace…

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In Brazil’s deepwater, ‘there is no turning back’ on MPD

Posted on 28 January 2015 in 2015, Global and Regional Markets, Innovating While Drilling, January/February, The Offshore Frontier

The biggest challenge is to enhance productivity in the complex environment of offshore well construction. This can be achieved by improving well designs to better manage…

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Still sunny, but clouds are brewing

Posted on 28 January 2015 in 2015, Features, Global and Regional Markets, January/February, The Offshore Frontier

The Asia Pacific is as vast as it is diverse. With huge gas projects in Australia, a focus on maximizing domestic resources in Indonesia and Malaysia, and new bidding rounds announced in Myanmar, Thailand and the Philippines, the region’s long-term outlook is strong…

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US EIA: Lower 48 oil production outlook stable despite expected rig count reduction

Posted on 27 January 2015 in Global and Regional Markets, News

The sharp decline in oil prices over Q4 2014, which has continued in January, is already having a significant effect on drilling activity in the US, according…

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Hess announces 2015 capital, exploratory budget

Posted on 27 January 2015 in News, The Offshore Frontier

Hess Corp announced a 2015 capital and exploratory budget of $4.7 billion, a 16% reduction from its 2014 actual spend of $5.6 billion. Of this, $2.1 billion (45%) is budgeted for unconventional shale resources…

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Market slump must not derail industry’s progress on people, training

Posted on 27 January 2015 in 2015, Features, IADC: Global Leadership, Global Challenges, January/February

As the drilling industry heads into a global slowdown, it seems almost inevitable that companies will shift their attention to cost reduction and away from people and training…

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