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Ensuring better regulation: IADC continues to engage Texas Railroad Commission on Rule 13

RRC Commissioner Christi Craddick (center) meets with Liz Craddock (from left), IADC VP – Policy and Government Affairs; Stephen Colville, IADC President/CEO; Mark Denkowski, IADC Executive VP – Operational Integrity; and Mike Garvin, Senior VP, Operations Support, for Patterson-UTI.

Securing better regulation is a key objective of IADC. Ensuring that any regulation is necessary, operationally appropriate and implementable, fit for purpose, affordable, and appropriate with no unforeseen consequences is key to the strategy of the association’s Policy, Government and Regulatory Affairs (PGRA) division.

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Opportunities, hurdles line industry’s path to making subsea equipment smarter

There are relatively few sensor suppliers in the subsea field, and a need exists for sensors to be developed to meet the demands of the harsh deepwater environment. Such developments take time, can cost significant sums and, if pursued without regard to the benefits of standardization, will lead to multiple solutions of different sizes, using different connectors and implementing different protocols and, thereby, lead to a lack of interchangeability.

To support increases in safety, reliability and operational economics, equipment used in the oil and gas industry must be made smarter. How is this going to be achieved, e.g. how will original equipment manufacturers (OEM) instrument both old and new equipment? Where are the new sensors going to come from? Condition-based monitoring (CBM) and predictive maintenance systems such as Cameron’s Cognition utilize new sensors fitted to subsea systems.

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