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Western Gulf of Mexico lease sale attracts more than $487 million in high bids

Posted on 27 August 2008 in News

The Western Gulf of Mexico Lease Sale 207, held 20 August 2008 by the US Interior Department, attracted more than $487 million in high bids, with ExxonMobil being the top bidder – 130 high bids at $127.33 million. A total of 53 companies submitted 423 bids comprising over 1.8 million acres offshore Texas. The sum of all bids received was more than $607 million.

Approximately 17% of the tracts receiving bids are in ultra-deep water (more than 1,600 m). The deepest tract bid on is Alaminos Canyon, Block 783, in 2,977 m of water. The highest bid received on a tract was $61 million, submitted by Statoil Gulf of Mexico for Alaminos Canyon, Block 380. The company submitted a total of $87.35 million for five bids.

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Record single BHA run achieved in North Sea

Posted on 27 August 2008 in News

INTEQ, Hughes Christensen and Baker Hughes Drilling Fluids have outperformed the record for a single BHA meterage on a well in the North Sea drilled by StatoilHydro.

AutoTrak, in combination with an HCC HCM607 bit and PERFFLOW Drill-In Fluid, drilled challenging multilateral hole sections to a total of 17,224 ft (5,250 m) to TD. In a single BHA run, 14,121 ft (4,304 m) were drilled

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Rig Tech subcommittees developing decision matrix, survey on equipment interfaces

Posted on 20 August 2008 in News

Subcommittees of the IADC Advanced Rig Technology (ART) Committee are forging ahead with developments to help the industry better understand the benefits and pitfalls of mechanized rig systems. The subcommittees met during August.

The ART Guidelines Subcommittee, led by Vice Chairman Logan Puckett, Pride International, is developing a matrix to assist in determining applicability of mechanized equipment for land rigs, floaters and jackups. A series of sheets will be produce, each linked to a selectable data sheet containing various types of equipment. The matrix will take a “decision tree” format, linking to additional sheets, as appropriate for each identified situation or specification. The committee plans to post the matrix on www.iadc.org.

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2008 IADC/SPE Asia Pacific Drilling Technology Conference kicks off Monday

Posted on 20 August 2008 in News

“Drilling Technology to Address Future Energy Demand and Environmental Challenges” is the theme of the 2008 IADC/SPE Drilling Technology Conference, kicking off on Monday, 25 August, at the Shangri-La Hotel in Jakarta, Indonesia. The conference runs through Wednesday, 27 August.

Bagus SurdaryantoNoted conference chairman Bagus Sudaryanto, vice president, PT PERTAMINA EP Region Jaway, “To address this theme, the programme committee has assembled a diverse and well-rounded programme to ensure a quality conference highlighting key technologies, and for finding, accessing and completing the reservoir. A keynote session featuring an impressive list of industry leaders will provide a variety of perspectives on the conference theme.”

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Technical sessions the heart of IADC/SPE Asia Pacific Conference

Posted on 20 August 2008 in News

While the opening sessions, keynote speakers and topical lunches provide terrific food for cogitation and reflection, it is the actual technical papers that are the heart of the IADC/SPE Asia Pacific Drilling Technology Conference. The event, now in its 7th biannual edition, offers the most diverse array of emerging drilling technology in the region.

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Whys & Wherefores of the IADC/SPE partnership: fun facts to know and tell

Posted on 20 August 2008 in News

The partnership between IADC and the Society of Petroleum Engineers has served the industry well as sponsors of the premier events for the drilling/completion industry. But how did it evolve? For those enquiring minds hungry for insight, here is a brief synopsis.

In the beginning, there was the annual IADC Rotary Drilling Conference, launched in 1964 and held each September. In 1977, IADC revamped the format and held the first IADC Spring Driling Technology Conference. Meanwhile, SPE covered drilling technology at its Annual Technical Conference, OTC and, biannually, at the SPE Deep Drilling Symposium.

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New Maersk jackups named

Posted on 20 August 2008 in News

Maersk Resolute

The Maersk Resolute was named by Anette Bjerge (center), wife of Dong Energy executive VP Soren Gath Hansen (third from right). She is accompanied by (from left) Tong Chong Heong, MD/COO of Keppel O&M; Susanne Hemmingsen and Claus V Hemmingsen; Eileen Choo and Choo Chiau Beng, Chairman/CEO of Keppel O&M.

Maersk Contractors has named its latest drilling rig from Jurong Shipyard the Maersk Convincer. The delivery cements Maersk’s position as a drilling contractor on the forefront of the market within high-performance drilling,” said Maersk CEO Claus V Hemmingsen. “Our fleet’s average rig age of 9 years is amongst the lowest in the industry.”

The rig is the second of two identical jackup rigs acquired by the A.P. Moller – Maersk Group in July 2006. The rig is capable of operating in water depths up to 375 ft in most parts of the world, including the harsh environment of the central and southern parts of the North Sea. It is of the Baker Marine Pacific Class 375 design and features highly mechanised equipment to improve safety.

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ONGC draws plan to fight insurgency on oil installations

Posted on 20 August 2008 in News

ONGCIndia’s Oil and Natural Gas Corporation (ONGC) has drawn up a comprehensive action plan to thwart subversive activities in the country, especially those related to oilfield operations. In the wake of recent subversive activities in the country, ONGC said it reviewed its offshore security at a high-level meeting held in Delhi on 12 August.

The deliberations centered around taking a holistic view of security, and a comprehensive action plan was drawn up with enhanced security at various embarkation points. The meeting took note of vulnerable areas and decided on specific measures to counter any designs to disrupt operational activities.

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For StatoilHydro, discovery made in Algeria but disappointment in Norwegian Sea

Posted on 20 August 2008 in News

StatoilHydro and partner Sonatrach have made a fifth discovery in the Hassi Mouina licence in the Sahara desert in Algeria. The existence of gas was confirmed in exploration well TNKW-1 in the southern part of the licence.

”This is an interesting discovery and shows that there is a resource potential in the Hassi Mouina licence,” said Alf Henry Meland, the head of exploration in Algeria.

The Hassi Mouina licence was awarded in June 2004. It includes four blocks within an area of 23,000 sq km in the Gourara basin. 30% has now been relinquished to the Algerian government in accordance with the licence agreement.

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KCA DEUTAG contract extended on StatoilHydro

Posted on 20 August 2008 in News

StatoilHydro's Kvitebjorn platformKCA DEUTAG Drilling Norge’s contract with StatoilHydro for the provision of drilling services on the Kvitebjorn platform has been renewed for a further two years until March 2010. This is the third of three options exercised by StatoilHydro and means that KCA DEUTAG now has drilling contracts on seven StatoilHydro installations until 2010. The other six are on the Oseberg, Brage and Njord fields and are valid until July 2010.

KCA DEUTAG has drilled on Kvitebjorn since the platform was installed in summer 2003 and has cooperated closely with StatoilHydro in the development and use of managed pressure drilling (MPD) in this field.

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