Archive | News
Hess staying nimble on risk management during company transformation
Posted on 25 April 2013 in Drilling It Safely, News
Hess Corp is changing the way it manages risks, including non-technical risks, following an…
Hunt: US, Caribbean nations must continue collaboration on spill response planning
Posted on 25 April 2013 in Drilling It Safely, Global and Regional Markets, News
Deepwater E&P is ramping up worldwide, and the Caribbean is following suit. Exploration plans for…
Emissions regulations, lower-cost fuels drive advances in engine technology
Posted on 25 April 2013 in Drilling It Safely, News, The Efficient Rig
Increasing emissions regulations and access to low-cost fuels are driving innovations in engine manufacturing. Requirements set…
.jpg&h=57&w=100&zc=1&q=90)
Report: Asia Pacific deepwater expenditure to nearly double by 2017
Posted on 24 April 2013 in Global and Regional Markets, News, The Offshore Frontier
A study of offshore E&P in Asia Pacific, unveiled at the Asia Offshore Technology Conference in Singapore on 16 April…
Chevron completes 3 wells in deepwater GOM with multi-zone completion technology
Posted on 23 April 2013 in Global and Regional Markets, Innovating While Drilling, News, The Offshore Frontier
Chevron has successfully completed three wells in the Lower Tertiary in deepwater Gulf of Mexico (GOM)…
Noble awarded contracts for two ultra-deepwater drillships
Posted on 18 April 2013 in News, The Offshore Frontier
Noble Corp has entered into two three-year term drilling contracts with Plains Exploration & Production Co for the Noble Sam Croft and the Noble Tom Madden…
Lee C Moore issued US patents for drilling rig design, Dual Offset Derrick
Posted on 18 April 2013 in News
Lee C Moore, a Woolslayer company that designs and manufactures drilling structures, has been issued two patents…
Terry Loftis named chairman of DNV Rig Owners’ Committee
Posted on 17 April 2013 in News
Terry Loftis, director of engineering of Transocean and vice chairman of IADC’s Advanced Rig Technology Committee, has been…
Drilling costs at top of economic factors for geothermal projects
Posted on 15 April 2013 in Global and Regional Markets, News
No longer the “forgotten resource,” geothermal energy is seeing double-digit growth globally, while in the US, the decision by Congress to extend the geothermal tax credit…
UT study puts Barnett total recoverable reserves at 44 trillion cu ft
Posted on 11 April 2013 in Global and Regional Markets, News
A comprehensive study of the Barnett Shale has put total recoverable reserves in the basin at 44 trillion cu ft in the base…
Recent Drilling News
15 May 2013
BP commits to renewed focus on upstream oil and gas over next decade
Over the next decade, as much as 75% to 80% of BP's majority group capital expenditure will be spent in upstream...
15 May 2013
Statoil sanctions Julia development in GOM with ExxonMobil, pushes ahead with Logan
Pursuing further growth in its US offshore portfolio, Statoil has sanctioned its fourth field development in the Gulf of Mexico...
15 May 2013
Exclusive video: New composite wireline cable contains seven-conductor electrical core
Serko Sarian, telemetry and conveyance portfolio manager for Schlumberger, talks with Drilling Contractor...
15 May 2013
PETRONAS: NOCs expand globally with increasing autonomy, financial strength
National oil companies (NOCs) continue to assume an increasingly meaningful role in the oil and gas industry...
15 May 2013
Different dual-gradient methods enable drilling in deepwater, depleted reservoirs
Dual-gradient technology continues to gain attention as an important solution to deepwater drilling and...