Archive | Features

Apache: Lower prices make gas projects hard to justify, technology is opportunity to ‘think positively’

Posted on 09 November 2009 in 2009, Features, Global and Regional Markets, November/December

As a company that prides itself on being “lean and mean” and being able to move fast when the economics of a project line up right, Apache Corp…

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Global jackup market is still soft to terrible. Is there anywhere to go but up?

Posted on 09 November 2009 in 2009, Features, Global and Regional Markets, November/December, The Offshore Frontier

While it’s true that appearances can be deceiving, it’s worth noting that as of early October, drilling activity appeared to be on the rise. Actual increases in drilling activity still ranged from minimal to barely noticeable…

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Industry takes cautious but sure-footed steps toward hands-free drilling, automation

Posted on 07 October 2009 in 2009, Features, Innovating While Drilling, September/October, The Efficient Rig

When it comes to risk-taking, this industry seems to suffer from a case of multiple personality disorder. On the one hand, it has a tendency to be big gamblers. It’s willing to spend millions or tens of millions of dollars…

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Deep Gulf of Mexico completions push equipment to their limits – and maybe beyond

Posted on 07 October 2009 in 2009, Completing the Well, Features, September/October

As the Region moves into production phase, operators are taking careful steps to find and fill equipment gaps.

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Kuwait, Oman boost Middle East drilling activity with deep drilling, steam flood projects

Posted on 07 October 2009 in 2009, Features, Global and Regional Markets, September/October

While the Middle East region hasn’t been affected by the global financial crisis as much as other areas, it still is not immune to downturns in the oil and gas…

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Market is way down, but North Sea companies are already warming up for the rebound

Posted on 03 July 2009 in 2009, Features, Global and Regional Markets, July/August

A year ago, with oil prices headed towards $150 a barrel, upstream petroleum appeared to be bucking the slide toward global recession that basically started…

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Riser, subsea innovations push technical capabilities to new heights, but the work is never finished

Posted on 03 July 2009 in 2009, Features, July/August

When it comes to innovation, this industry is always hungry for more: deeper, faster, higher pressure, higher temperature, stronger, cheaper, smaller…

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Innovations filling in technology gaps in deepwater Gulf of Mexico completions

Posted on 17 May 2009 in 2009, Completing the Well, Features, May/June

With its wealth of resources, the Gulf of Mexico holds great promise for oil and gas operators as they push the envelope to tap deeply buried hydrocarbons. But those deep…

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In Gulf of Mexico, deepwater and Shelf markets face disparate futures

Posted on 17 May 2009 in 2009, Features, May/June

The disparity between the US Gulf of Mexico Shelf and deepwater rig markets continues to widen. Earlier this year, the jackup market reached its lowest level in 33 years…

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US Land drillers wait out the painful market slump, hopeful of strong recovery

Posted on 17 May 2009 in 2009, Features, May/June

It’s certainly no secret that US land drillers aren’t having a great year. There are a lot of bad news out there – natural gas prices down to around $3/Mcf…

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