Archive | News
Chevron, GE form alliance to develop technologies for industry
Posted on 03 February 2014 in News
Chevron Energy Technology Co and GE Oil & Gas have created the Chevron GE Technology Alliance, which will develop and commercialize technologies to solve critical issues…
Survey ranks US, Brazil as top investment markets but raises concerns for costs, risks
Posted on 03 February 2014 in Global and Regional Markets, News
The US and Brazil rank as the most favorable regions for oil and gas investment in 2014, but there will be pressures to reduce costs and consolidate, a new report from DNV…
Texas Petro Index: Statewide oil production up 21% in 2013
Posted on 30 January 2014 in Global and Regional Markets, News
Texas oil and gas producers achieved one of the upstream industry’s most successful years in 2013, according to the Texas Petro Index (TPI), as statewide crude oil production grew…
Analyst: Shale oil won’t threaten deepwater, but rising costs, oil prices might
Posted on 29 January 2014 in Global and Regional Markets, News
The boom in US oil shale production is not a threat to deepwater, an energy industry expert said, but rising costs and relatively flat oil prices will continue to…
Exclusive video: Sustainable practices minimize industry’s environmental impact, boost reputation
Posted on 29 January 2014 in Drilling It Safely, News, Videos
Industry is increasingly integrating sustainable concepts into its operations, leaving a positive impact on the…
Neveu: 2014 IADC/SPE Drilling Conference to hone technical skills, develop new talent
Posted on 29 January 2014 in IADC/SPE Drilling Conference, IADC: Global Leadership, Global Challenges, News
When Kevin Neveu, chairman of the 2014 IADC/SPE Drilling Conference, speaks about the upcoming event…
Kuwait Oil study targets main causes of hand injuries
Posted on 29 January 2014 in Drilling It Safely, News
Controlling hand injuries is a significant challenge for the drilling industry, clearly illustrated by IADC statistics, and not too surprising given the intensive…
Unconventionals may see first impact of Mexican energy reform
Posted on 29 January 2014 in Global and Regional Markets, News
The sweeping energy reform bill passed by Mexico’s legislature in December will be followed by secondary legislation addressing the framework for…
Macaé: Brazil’s offshore oil hub puts infrastructure improvements on fast track
Posted on 29 January 2014 in Global and Regional Markets, News
Situated on the scenic Brazilian coastline northeast of Rio de Janeiro, the port city of Macaé was once a quiet fishing village. Today, as the center of Brazil’s booming…
Smart regulations, risk communication may help refocus industry’s hydraulic fracturing debate
Posted on 29 January 2014 in Drilling It Safely, IADC: Global Leadership, Global Challenges, News
The public debate around hydraulic fracturing has gone off track, jeopardizing opportunities for the energy industry and the potential economic and environmental benefits…
Recent Drilling News
06 March 2014
OMV plans roll-out of real-time operations support workflow after success in Tunisia
A protocol for delivering real-time operations support for small-scale, geographically dispersed drilling campaigns is giving crews in far-flung fields easier access to...
06 March 2014
Baker Hughes’ AutoTrak Curve RSS drills 10 million ft in two years
Baker Hughes’ AutoTrak Curve rotary steerable system (RSS), launched two years ago at the IADC/SPE Drilling Conference, has drilled 10 million ft onshore North America...
06 March 2014
Streamlined procedures, intelligent rig design among keys to efficient rig move
A project to measure and improve land rig moves identified four key fundamentals and their integration as the path to efficient rig moves: streamlined procedures, intelligent...
06 March 2014
Exclusive video: IMax drill bits target hard, abrasive formations
Varel International launched the IMax series of diamond-impregnated drill bits this week at the 2014 IADC/SPE Drilling Conference in Fort Worth, Texas. The IMax bit targets formations...
06 March 2014
S-shaped profile for relief wells may reduce risk of missing target well
Relief well planning has become a required safety measure for the drilling industry to ensure readiness in the event of a blowout. The US Bureau of Safety and Environmental...