Archive | Features

Despite weak spots, contractors see decent prospects in West Africa offshore Angola, Ghana

Posted on 08 September 2010 in 2010, Features, Global and Regional Markets, September/October

Despite a general oversupply of offshore rigs globally that is affecting utilization and dayrates in numerous markets, the West Africa region appears to be holding its own with consistent levels of E&P activity…

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Bridging the communications gap in rig automation

Posted on 08 September 2010 in 2010, Features, September/October, The Efficient Rig

IADC Drilling Control Systems subcommittee, SPE DSATS group set out to create reference roadmap to achieve full rig automation, define communication protocols needed for downhole, surface integration…

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Rig NPT: the ugly truth

Posted on 08 September 2010 in 2010, Features, September/October, The Efficient Rig

NPT, the familiar acronym for nonproductive time, is a three-letter word, but it might as well be a four-letter word to drilling contractors and operators, considering the negative connotations that come with it. Perhaps the negativity is well deserved. NPT brings to mind money wasted, time wasted, failures…

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New seismic-while-drilling systems may help operators navigate complex well paths

Posted on 12 July 2010 in Features, Innovating While Drilling, July/August

Since the early 2000s, the seismic-while-drilling (SWD) market has been held exclusively by one service provider. Now, the SWD landscape is about to change…

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Maersk: Helping operators get the max out of modern rig fleet to be focus in 2010

Posted on 12 July 2010 in Features, Global and Regional Markets, July/August

Providing another take on the Norwegian drilling market is Martin Fruergaard, Maersk Drilling vice president and chief commercial officer. He believes that the drilling market in Norway has seen only a limited…

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Seadrill: With Statoil active again, Norwegian market looking up for 2010

Posted on 12 July 2010 in Features, Global and Regional Markets, July/August

In the Norwegian segment of the European drilling market, Statoil is a true giant. If it stamps one foot, the whole region will shake and tumble. In late 2008, when recession hit the global economy…

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IADC collaborating with members, government to get all rigs back to work in Gulf of Mexico

Posted on 12 July 2010 in Features, July/August

IADC continues to lead in the struggle for rationality in the wake of the Macondo spill in the US Gulf of Mexico. IADC is fighting to secure reasonable regulations and legislation that will protect not only the environment…

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Ruling halts Gulf of Mexico drilling moratorium for now, but Salazar working to reinstate it

Posted on 12 July 2010 in Features, July/August

Another day, another deepwater moratorium? Seems likely. Although US District Judge Martin Feldman of New Orleans issued an injunction lifting the drilling ban on 22 June, Secretary of the Interior Ken Salazar has vowed…

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Asia Pacific jackup, tender markets on the mend: Activities picking up, but no boom yet

Posted on 30 April 2010 in 2010, Features, Global and Regional Markets, May/June

Like most of the rest of the world, the Asia Pacific drilling market has had it rough since the global recession began. Discretionary expenditures at many oil companies were hammered, leading to the cancellation or delay of many…

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US Shales: 6,000 Tcf from Sea to Shining Sea Building a boom on $3.75 gas

Posted on 30 April 2010 in 2010, Features, May/June, Onshore Advances

It’s being called everything from a game changer to the new gold rush. Armed with new technologies for tapping unconventional resources, energy companies are pushing the envelope to chase plentiful and increasingly recoverable…

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