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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…

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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)…

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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…

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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…

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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…

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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…

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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…

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Shale gas panel: Industry must engage, educate public to win trust

Posted on 11 April 2013 in Drilling It Safely, Global and Regional Markets, News

In the discussion of the environmental impact of shale gas development, the word “impact” has become more of a reference…

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Proposed 2014 budget for BSEE increased by $24.8 million over 2012 enacted levels

Posted on 10 April 2013 in Global and Regional Markets, News

US President Obama announced today that he has requested $222.1 million for the Bureau of Safety and Environmental…

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Exclusive video: Downhole reservoir testing system fit for temperatures up to 410˚F

Posted on 10 April 2013 in Innovating While Drilling, News, Videos

Rasik Bahadur, vice president of subsurface testing services for Schlumberger, speaks with Drilling Contractor…

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