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IADC ISP: LTI rate down but fatalities up in 2008

Posted on 14 July 2009 in News

The global drilling industry pushed its lost-time incident (LTI) rate to a record low of 0.49 despite the number of fatalities increasing from 23 in 2007 to 32 in 2008, according to the latest IADC Incident Statistics Program (ISP) summary. …

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Seadrill semi commences operations offshore Brazil

Posted on 14 July 2009 in News

Seadrill’s ultra-deepwater semisubmersible West Eminence has commenced drilling operations for Petrobras in Brazil. The rig was delivered from Samsung Heavy Industries in South Korea in March this year. …

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DC surveys show more workers losing jobs, doing more with less

Posted on 14 July 2009 in News

People are still trying to do more with less, but layoffs have become a reality for a greater percentage of the drilling industry workforce, according to results from two online surveys conducted on www.DrillingContractor.org, in December 2008/January 2009 and June/July 2009. …

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Sneak Preview: Bandera pushes land rig design to next level

Posted on 14 July 2009 in News

Drilling Contractor recently made a visit to Breckenridge, Texas, to tour Bandera Drilling’s Rig 9, a new-generation design unit that incorporates innovative automation technologies to keep crew members out of harm’s way. …

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Parque das Conchas begins production, marking Brazilian deepwater milestone

Posted on 14 July 2009 in News

Shell started production at its multi-field Parque das Conchas project on 13 July, 110 km off Brazil’s southeast coast, where heavy oil resources lie beneath waters nearly two km deep in the Campos Basin.

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Schlumberger regional president: Downturn forcing industry to 'cut out the fat'

Posted on 19 June 2009 in News

A few weeks ago, it was as if the oil & gas industry was staring into a “dimensionless black hole,” but now it is traveling through a long, dark tunnel with a “small light” at the end, according to Mark Corrigan, Schlumberger’s president for oilfield services covering Europe, Africa and the Caspian. …

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H&P's Orr: Technology has skewed US rig count/production correlation

Posted on 19 June 2009 in News

A traditional and, as it turns out, blind assumption is being made that there is a direct correlation between the North American rig count and production, according to Alan Orr of Helmerich & Payne International Drilling Co. …

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Monobores can save money upfront, but life cycle costs must be considered

Posted on 19 June 2009 in News

Monobore wells have been gaining traction as a cheap “throwaway” option to more conventional well construction, and one company to try them successfully is Tullow Oil. …

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Beware: FCPA will follow US companies anywhere

Posted on 19 June 2009 in News

The Foreign Corrupt Practises Act (FCPA) is arguably the most far-reaching piece of extraterritorial American legislation there has ever been, and it has huge implications for the oil and gas industry, given its global nature. …

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Shell well sets deepwater depth record on Norwegian shelf

Posted on 19 June 2009 in News

A/S Norske Shell has completed the drilling of wildcat well 6603/12-1 in 1,376 m of water – the greatest water depth of any discovery made on the Norwegian shelf to date – the Norwegian Petroleum Directorate announced on 19 June. …

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