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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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Rib-steered motor wins Intervention Technology Award

Posted on 19 June 2009 in News

The Intervention & Coiled Tubing Association (ICoTA) awarded Baker Hughes INTEQ its 2009 Intervention Technology Award for the rib-steered motor (RSM) for coil tubing directional drilling. It was presented at the SPE/ICoTA Coiled Tubing and Well Intervention Conference Exhibition in Houston in April. …

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Tonnel named Transocean senior VP, Europe and Africa Unit

Posted on 19 June 2009 in News

David A Tonnel has been named senior vice president, Europe and Africa Unit, of Transocean, effective 1 September. He will report to Rob Saltiel, executive vice president, performance. …

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World Drilling keynote: Tullow taking the long-term, people-based approach

Posted on 18 June 2009 in News

Simplicity of management and valuing people offer the best chances of success, the chief operating officer of Tullow Oil said at the opening of the IADC World Drilling 2009 Conference and Exhibition in Dublin on 17 June. …

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