Archive | News

Analyst: Rebounding economy signals higher oil, gas prices

Posted on 27 August 2009 in News

The economy is starting to rebound, and that is good news for oil and gas prices and domestic and international rig counts, says Douglas Becker, managing director oil services & equipment for SMH Capital, an institutional equity research group. …

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MMS addresses lifting, SEMS, testing at IADC well control conference

Posted on 27 August 2009 in News

The drilling industry’s well control record on the Outer Continental Shelf is being applauded by the agency that regulates and monitors that domain. …

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API committee aims to provide consistency in HPHT equipment, practices

Posted on 27 August 2009 in News

A technical report aimed at providing consistency in high-pressure, high-temperature (HPHT) practices is being prepared by a group of API task groups consolidated as the Executive Committee of Standardization. …

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Control systems found to be leading cause of downtime in BOP study

Posted on 27 August 2009 in News

As the drilling industry continues to move forward with new technology, procedures and increasing emphasis on health, safety and environment, the effectiveness of blowout prevention techniques is being studied with greater scrutiny. …

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Dual-element RCDs may provide extra layer of safety in high-pressure wells

Posted on 27 August 2009 in News

Increasingly complex oil and gas wells in a climate of declining resources have made tools like rotating control devices a necessity in drilling operations today. …

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Blowout simulation leads to recommendations for high-risk contingencies

Posted on 27 August 2009 in News

A serious blowout in a gas exploration well in the heavily populated Sichuan Basin of China raged for 13 days until operators finally were able to extinguish the inferno on the third attempt. …

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Well control training must take adult learning styles into account

Posted on 27 August 2009 in News

Style is critical when adults learn differently. That is the view of Steve Vorenkamp, training manager, Wild Well Control, who applies that wisdom in teaching those who work in the oil and gas industry about well control. …

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Do you have a plan in place for a well control disaster?

Posted on 27 August 2009 in News

Ask anyone who works in the oil industry about blowouts, and they’ll tell you they are costly, create a negative public image, spark litigation, are dangerous and harm the environment. But do you have a plan for dealing with disaster if and when it strikes? …

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UAE Charity Challenge donates to Dubai, Uganda groups

Posted on 27 August 2009 in News

In 2008, the IADC Southern Arabian Peninsula Chapter donated US$5,500 to the UAE Charity Challenge. Since then, that charity organization has been able to make two separate donations to the Dubai Centre for Special Needs (DCSN) and Uganda’s Malaria Consortium. …

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IPTC features 5 plenary sessions, 50-plus technical sessions

Posted on 27 August 2009 in News

In 2008, the IADC Southern Arabian Peninsula Chapter donated US$5,500 to the UAE Charity Challenge. Since then, that charity organization has been able to make two separate donations to the Dubai Centre for Special Needs (DCSN) and Uganda’s Malaria Consortium. …

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