Archive | News

Aging fleet, market bifurcation mean it’s really different this time

Posted on 24 May 2011 in News

“It’s different this time” is a phrase that the industry has heard numerous times through past boom and bust cycles over the decades. This time, however…

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Aramco’s Assaadan: Personnel development among most critical issues for Middle East

Posted on 24 May 2011 in News

Saudi Aramco may have to double or even triple the workforce on its rigs in the coming years in order to…

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In times of unrest, rig should use isolated location to its advantage

Posted on 24 May 2011 in News

This industry is in the business of keeping its employees safe, and with civil and political unrest unfolding this year – often rapidly and unexpectedly…

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Gas prices could dip below $3 this summer, but US onshore rig count expected to rise

Posted on 24 May 2011 in News

From a macro level, Raymond James & Associates has not changed its view of the outlook for natural gas in the US…

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For Anadarko in Marcellus, environmental performance is top priority

Posted on 24 May 2011 in News

Anadarko Petroleum is ramping up activity in the Marcellus Shale, where it expects to run nine rigs, including two “spudder” rigs, and drill 115 wells by year-end…

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Steady momentum continues in Wolfberry, Woodford, Granite Wash and Eagle Ford

Posted on 24 May 2011 in News

“We are here to stay. We’re not here to drill this up and sell this… We’ve got 40 years of work here and a whole…

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Mud transfer may be gap in contingency planning

Posted on 10 May 2011 in News

“Hope is not a strategy, particularly in this post-Macondo world,” John Wright, president and blowout engineering advisor for John Wright Company, said at…

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Improved well productivity drives down break-even price for Petrobras pre-salt

Posted on 10 May 2011 in News

Increased well productivity as Petrobras improves its knowledge of pre-salt reservoir behavior has allowed…

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ADNOC looks to artificial islands, EOR to boost production

Posted on 10 May 2011 in News

Improved EOR techniques and the building of artificial islands are key elements of the strategy that the Abu Dhabi National Oil Company (ADNOC) is…

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Wild Well Control to offer subsea capping system for up to 15,000-ft water depths

Posted on 10 May 2011 in Drilling It Safely, Drilling Rigs & Automation, News

Wild Well Control will introduce a global subsea well containment system this fall, according to an…

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