Archive | Features

Technology Development: A game of risks vs rewards

Posted on 02 November 2012 in 2012, Features, Innovating While Drilling, November/December

Industry investing in new generation of forward-thinking technologies even as it works to overcome old mindsets, barriers. When National Oilwell Varco (NOV) unveils its open-platform drilling automation system NOVA in 2014…

PrintFriendlyShare This

Comments (0)

Annual General Meeting Special: IADC 2012 – A year of reflection, changes

Posted on 02 November 2012 in 2012, Features, IADC: Global Leadership, Global Challenges, November/December

The drilling world is rapidly changing, and IADC is changing with it. With our strategic review recently completed, we’ve begun reshaping ourselves and have started to roll out new global initiatives aligned with our new way forward…

Comments (0)

Positive rig demand steers 2013 outlook

Posted on 02 November 2012 in 2012, Features, Global and Regional Markets, November/December

Analysts are voicing optimism about a recovery in 2013 – looking to upticks in both rig demand and natural gas pricing. Although the US land rig count has steadily dropped throughout the year since Q1 and US natural gas prices have remained disappointingly weak…

Comments (0)

Middle East on the up and up

Posted on 02 November 2012 in 2012, Features, Global and Regional Markets, November/December

A healthy, growing offshore market and renewed drilling and production in brownfields with significant reserves project a positive 2013 for the Middle East. This despite reduced production in Iran due to international sanctions and the slow-to-moderate pace of Iraq …

Comments (2)

Sustaining the license to drill: It’s not a game!

Posted on 17 September 2012 in 2012, Drilling It Safely, Features, Global and Regional Markets, September/October

In summer 2011 offshore Greenland, in an attempt to halt Arctic exploration, Greenpeace activists scaled a semisubmersible rig large enough to drill in more than 8,000 ft of water. This, despite a court injunction and the risk of jail time and significant fines for the activists….

Comments (0)

Industry delves deeper into African frontier

Posted on 17 September 2012 in 2012, Drilling It Safely, Features, Global and Regional Markets, September/October, The Offshore Frontier

On the world map, Africa commands a grand presence, with more than 50 countries that straddle a multitude of climates, terrains and cultures. Into the continent’s vast lands and open waters, the drilling industry continues cautiously to navigate and integrate its activity…

Comments (0)

Automation: On the cusp of transformation

Posted on 17 September 2012 in 2012, Drilling Rigs & Automation, Features, September/October

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…

Comments (1)

Northward ho!

Posted on 17 September 2012 in 2012, Features, Global and Regional Markets, Onshore Advances, September/October, Videos

Less than a decade ago, Williston, North Dakota, was a mere dot on a map in a state associated with long, cold winters and the movie “Fargo.” Today, the town sits at the epicenter of the biggest oil boom to hit the Lower 48 in recent history. Thanks to significant oil production in the Williston Basin’s…

Comments (0)

New bits look beyond design at overall wellbore

Posted on 16 July 2012 in 2012, Features, Innovating While Drilling, July/August

In the wellbore, drill bits lead the way through formations to achieve longer wells more efficiently and quickly. The latest developments in drill bits share a common goal: optimize bit performance in the wellbore to save time and money…

Comments (0)

Industry maps smarter way to build wellbores

Posted on 16 July 2012 in 2012, Features, Innovating While Drilling, July/August

Fifteen years after the first intelligent well system (IWS) was installed in Norway, the application is finally stepping out of its high-end niche and gaining broad recognition as the game-changer it was designed to be…

Comments (0)

FEATURED MICROSITES


Recent Drilling News

  • 01 April 2015

    Weatherford launches new composite frac plug to reduce mill-out time

    Weatherford launched its TruFrac composite frac plug at the 2015 SPE/ICoTA Coiled Tubing and Well Intervention Conference in The Woodlands, Texas, on 24 March...

  • 01 April 2015

    Coiled tubing-conveyed monitoring system aims to maximize production, intervention success

    A new coiled-tubing service is providing a method for continuous, real-time monitoring of horizontal or highly deviated wells by installing fiber optics inside various sizes...

  • 31 March 2015

    ExxonMobil begins production at Hadrian South in Gulf of Mexico

    ExxonMobil has begun production in the deepwater Gulf of Mexico (GOM) at Hadrian South, with facilities tied back to the nearby Lucius project. Daily gross production...

  • 31 March 2015

    Active risk assessment, global sharing at core of Nabors safety intervention program

    Gagan Singhal, Area Manager at Nabors Drilling International, outlined a new safety intervention system that helps the company...

  • 30 March 2015

    National Petroleum Council: US can safely tap Arctic resources to secure energy needs

    Prudently developing US Arctic oil and natural gas resources would enhance America’s position as a global leader in energy production for the next 35 years...

  • Read more news