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New third party software offers digital solution to raise drilling efficiency


DNV GL will add a new third party software solution to Veracity, its open industry data platform, that is based on cleaned data collected from 80,000 oil and gas wells. AGR has agreed to host its iQx software on the platform, which contains information that is vital to companies selecting locations of wells. Users, such as drilling engineers, can access information on numerous metrics including geology and bit performance, enabling them to make smarter and more efficient operational decisions...

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BSEE increases safety inspection time offshore


Beginning 1 April, the US Bureau of Safety and Environmental Enforcement (BSEE) is increasing physical inspection time offshore, while reducing taxpayer burden by nearly $20 million over 3.5 years, providing significant cost-savings to the American public. Exploring ways to make inspections more efficient and reduce helicopter-operating expenses, a team of BSEE leaders in the Gulf of Mexico Region developed the new approach...

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