Home / News (page 15)


IADC Nigeria Chapter sets goal to reduce NPT by 15-20% by 2018

Screen Shot 2016-02-23 at 4.06.36 PM

The IADC Nigeria Chapter has come a long way since it was established in October 2012. Through the efforts of engaged members, the chapter has been able to increase its visibility within the Nigerian oil and gas community and among industry regulators, as well as provide a platform for discussing critical industry issues, such as equipment maintenance and workforce competency. Going forward, the chapter has set a goal to reduce NPT by 15-20% by 2018. Watch this video with DC Managing Editor Linda Hsieh and Chapter Chairman Sola Falodun, who works with locally based Oando Energy Services, to find out more.

Read More »

IADC President: BOP reliability database, well control training among key projects for coming year

Screen Shot 2016-02-23 at 4.04.41 PM

Despite today’s difficult economic environment, IADC is pushing ahead on a multitude of industry projects aimed at helping its members around the world improve performance. Among these projects is a BOP reliability database, a joint effort being undertaken with the International Association of Oil and Gas Producers. Other projects include the WellSharp well control accreditation regime and continuing efforts around the Indonesian cabotage law. To learn more, watch this video with IADC President Jason McFarland and DC Managing Editor Linda Hsieh from the 2016 IADC Drilling Africa Conference in Cape Town, South Africa.

Read More »

On-the-job training, mentoring among key components in Saipem’s Angolanization Plan

Saipem Angola Branch’s local training center delivered almost 40,000 hours of training from 2011 to 2015, Franco Pandolfi, Senior VP Drilling Operative Coordinator for Saipem, said at the 2016 IADC Drilling Africa Conference in Cape Town, South Africa, on 15 February.

In 2012, Saipem Angola Branch launched the Angolanization Plan, which would transfer know-how from expatriate personnel to Angolan nationals. The effort was in part driven by a tight labor market and by a lack of training centers that could provide local personnel with the necessary skills required to work on Saipem’s high-spec drilling rigs. Further, high operator expectations for performance meant that learning curves normally associated with new projects would not be acceptable in the long term, Franco Pandolfi, Senior VP Drilling Operative Coordinator for Saipem, said at the 2016 IADC Drilling Africa Conference in Cape Town, South Africa, on 15 February.

Read More »

HongHua commissions first three GE Waukesha gas engines in China


GE’s Distributed Power business has announced that China’s leading drill rig manufacturer HongHua Group (HongHua) has completed commissioning of the first three Waukesha mobileFLEX gas engines that are powering a 5,000 m deep drill rig for new shale gas projects located near Deyang City in Sichuan Province in China. The country is seeking to boost its production of unconventional gas supplies to meet Asia’s growing energy needs.

Read More »

Rigorous risk assessment, data-driven approach among keys to success in SIMOPS operations offshore Nigeria


To drill a gas-injector well that would support two high-rate producing wells on the Agbami field offshore Nigeria, Chevron and Pacific Drilling decided to conduct two close-proximity SIMOPS drilling and completion operations. More than 80 million barrels of incremental production stood to be gained, but risks had to be identified and mitigated. “One of the things that we agreed upon early was to make data-driven decisions,” Jimmy Jeansonne, Operations Manager Drilling & Completions Operations for Chevron, said in a presentation at the 2016 IADC Drilling Africa Conference in Cape Town, South Africa, on 16 February. He cited this data- and information-driven approach to decision making as one of the critical factors that led to the project’s success.

Read More »

Under Operation Phakisa, South Africa hopes to drill 30 exploration wells in next decade


After holding the IADC Drilling Africa Conference in cities such as Paris and Lisbon in previous years, this year IADC took the event to the African continent – in Cape Town, South Africa. Oil and gas drilling is only just starting to take off in this country, but it already stands at the threshold of extensive E&P activities in the next few years, Mthozami Xiphu, Chairman of the South African Oil and Gas Alliance (SAOGA), said in a keynote address at 2016 IADC Drilling Africa on 15 February.

Read More »

ExxonMobil replaced 67% of production in 2015


ExxonMobil announced that it added 1 billion oil-equivalent barrels (BOE) of proved oil and gas reserves in 2015, replacing 67% of production, including a 219% replacement ratio for crude oil and other liquids. At year-end 2015, ExxonMobil’s proved reserves totaled 24.8 billion BOE. Liquids represented 59% of proved reserves, up from 54% in 2014. ExxonMobil’s reserves life at current production rates is 16 years. In 2015, reserves were added in Abu Dhabi, Canada, Kazakhstan and Angola. Liquid additions during 2015 totaled 1.9 billion bbl. Natural gas proved reserves were reduced by 834 million BOE, primarily in the United States, reflecting the change in natural gas prices. The company expects this gas to be developed and booked as proved reserves in ...

Read More »