Archive | The Efficient Rig

Baker Hughes converts hydraulic fracturing units to bifuel pumps

Posted on 26 November 2012 in News, The Efficient Rig

Baker Hughes has converted a fleet of its Rhino hydraulic fracturing units to bifuel pumps…

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Diamond Offshore shifting fleet to meet deepwater, ultra-deepwater demands

Posted on 15 November 2012 in Global and Regional Markets, News, The Efficient Rig, The Offshore Frontier

Supported by dayrates hovering around $600,000 and increasing rig demand from frontier areas…

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Seadrill receives Letter of Award for new ultra-deepwater semisubmersible

Posted on 13 November 2012 in Global and Regional Markets, News, The Efficient Rig

Seadrill has received a Letter of Award from Husky Oil Operations Limited for a five-year contract…

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Automation: On the cusp of transformation

Posted on 17 September 2012 in 2012, Features, September/October, The Efficient Rig

After decades of discussion and debate, the industry has reached a tipping point, standing at the brink of what may become the biggest and most sweeping change it has ever faced – automation. No longer a pie-in-the-sky idea, drilling automation is fast becoming reality…

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Permian Basin, East Texas provide initial fields for new-design land rig

Posted on 23 August 2012 in Global and Regional Markets, News, Onshore Advances, The Efficient Rig

Globe Energy Services has designed a five-axle land rig providing quick rig-up/rig-down operations, a mast with 116 ft of clearance and an adjustable…

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Diamond orders moored semi for 2014 delivery

Posted on 23 August 2012 in News, The Efficient Rig

Diamond Offshore Drilling announced last week that a subsidiary has entered into a contract with Singapore’s Jurong Shipyard to build a moored…

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Keppel to build 5 more DSS 38E semis for Sete Brasil

Posted on 09 August 2012 in Global and Regional Markets, News, The Efficient Rig, The Offshore Frontier

Keppel Offshore & Marine (Keppel O&M), through its subsidiary Fernvale, has secured contracts with Sete Brasil Participações SA…

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Accountability, proper procedures key to reducing wire rope failures

Posted on 26 July 2012 in Drilling It Safely, News, The Efficient Rig

The wire rope is the most critical functioning component on a rig crane, and lack of proper inspection procedures is the root cause of 90% of cable failures…

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New rig designs emerge as industry expands offshore fleet

Posted on 21 June 2012 in Innovating While Drilling, News, The Efficient Rig, The Offshore Frontier

The offshore rig fleet continues to expand at a brisk pace, with most drilling contractors taking a safe approach toward newbuild designs, said Tom Kellock…

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Fit-for-purpose rigs, unconventionals drive Statoil production goals

Posted on 08 May 2012 in Global and Regional Markets, News, OTC, The Efficient Rig

Statoil is directing its fit-for-purpose rig fleet and technology strategy to help reach a production goal of more than…

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