Archive | News

DNV introduces steel forgings RP to increase subsea standardization

Posted on 15 April 2015 in News, The Offshore Frontier

Steel forgings are important building blocks for subsea components and are often tailored to meet end-users’ specific requirements. This results in long delivery times…

PrintFriendlyShare This

Comments (0)

BSEE issues proposed BOP, well control regulations for public comment

Posted on 14 April 2015 in Drilling It Safely, News, The Offshore Frontier

On 13 April, US Secretary of the Interior Sally Jewell announced proposed regulations that call for more stringent design requirements and operational…

Comments (0)

Wood Mackenzie: Deeper cuts may be needed to achieve cash flow neutrality

Posted on 14 April 2015 in Global and Regional Markets, News

The rapid and aggressive response by oil and gas companies to low oil prices has stabilized the sector; the price required for companies to be cash flow neutral in 2015…

Comments (0)

UKOG completes Weald Basin PEDL126 acquisition from Magellan

Posted on 13 April 2015 in Global and Regional Markets, News

UK Oil and Gas now holds 100% interest in the Weald Basin onshore license PEDL126 after acquiring Magellan Petroleum’s 40% interest. The license contains…

Comments (0)

Noble Energy to drill Humpback, Rhea offshore Falkland Islands this year

Posted on 13 April 2015 in Global and Regional Markets, News

Noble Energy has acquired a 75% interest and operatorship of the PL001 license in the North Falkland Basin from…

Comments (0)

Zebedee well strikes oil, gas for Premier offshore Falkland Islands

Posted on 02 April 2015 in News, The Offshore Frontier

Premier Oil has announced that the Zebedee well, located in PL004b in the Falkland Islands, discovered 81 ft of net oil-bearing reservoir and 55 ft…

Comments (0)

Weatherford launches new composite frac plug to reduce mill-out time

Posted on 01 April 2015 in Innovating While Drilling, News, Videos

Weatherford launched its TruFrac composite frac plug at the 2015 SPE/ICoTA Coiled Tubing and Well Intervention Conference in The Woodlands, Texas, on 24 March…

Comments (0)

Coiled tubing-conveyed monitoring system aims to maximize production, intervention success

Posted on 01 April 2015 in Innovating While Drilling, News, Videos

A new coiled-tubing service is providing a method for continuous, real-time monitoring of horizontal or highly deviated wells by installing fiber optics inside various sizes…

Comments (0)

ExxonMobil begins production at Hadrian South in Gulf of Mexico

Posted on 31 March 2015 in News, The Offshore Frontier

ExxonMobil has begun production in the deepwater Gulf of Mexico (GOM) at Hadrian South, with facilities tied back to the nearby Lucius project. Daily gross production…

Comments (0)

Active risk assessment, global sharing at core of Nabors safety intervention program

Posted on 31 March 2015 in Drilling It Safely, News

Gagan Singhal, Area Manager at Nabors Drilling International, outlined a new safety intervention system that helps the company…

Comments (0)

Recent Drilling News

  • 22 April 2015

    Transocean appoints Jeremy D. Thigpen as President & CEO

    Transocean has announced that Jeremy D. Thigpen has been named President and Chief Executive Officer effective 22 April 2015. Mr Thigpen succeeds Ian C. Strachan, Interim...

  • 22 April 2015

    Noted broadcast journalist Eithne Treanor to MC IADC World Drilling 2015, Rome, 17-18 June

    IADC is pleased to announce that noted industry broadcast journalist and professional moderator Eithne Treanor will serve as master of ceremonies...

  • 22 April 2015

    UBO & MPD Committee drives safe practices, while survey indicates industry moving toward acceptance

    The IADC Underbalanced Operations & Managed Pressure Drilling Committee continues to drive safe practices...

  • 22 April 2015

    Video: Schlumberger’s At Balance brand aims to make MPD more accessible

    Schlumberger recently brought back the At Balance brand as a family of product and services offering at the 2015 IADC/SPE Managed Pressure Drilling and Underbalanced...

  • 21 April 2015

    Petrobras’ first MPD operation aboard a DP rig succeeds

    Petrobras’ first use of MPD aboard a dynamically positioned rig proved successful and kept NPT to less then 3%, according to a paper presented at the 2015 IADC/SPE...

  • Read more news