CATEGORIZED | News

Technology in the drilling industry: Holy Grail or Oxymoron?

Posted on 04 February 2010

Mike Killalea interviews National Oilwell Varco's David Reid and Frank Springett about confronting technological challenges in the industry.

In an interview with National Oilwell Varco’s David Reid, vice president of business and technology and Frank Springett, vice president of engineering, IADC group vice president/publisher Mike Killalea discusses the ways in which IADC Advanced Rig Technology Committee (ART) is confronting the challenges of new technology. “It’s quite an effective group in that we get a lot of people, a lot of vendors, operators, as well as drilling contractors together and we talk about what are the issues and how do we get over the barriers and how do we understand where we want to go,” said Mr Reid, who is also the chairman of ART. The ART committee has also created the IADC Technology Value Guide to help operators assess new pieces of technology and equipment for rigs. Click below to watch the video.

YouTube Preview Image

If you have trouble viewing this video, try one of the following links: Photobucket, Vimeo

1 Comments For This Post

  1. Roy Long Says:

    Great interview Mike!
    I’m interested to hear about the ART committee. I was also interested to hear Mr. Springett’s comment re: surge/swab pressure studies and adapting downhole technologies to rigs. What I didn’t hear was any discussion of potential impact of coiled tubing drilling rig advances/technologies; e.g. increasing market share impact on technology/operations, etc. I’m not pushing CTD, but wanted to share the following with you as a data point in this regard for possible consideration by ART:
    “Xtreme Coil recently committed the sixteenth rig in the fleet, an XTC 200DT, to drill under contract in western Nevada, our first project in that state. The rig is expected to deploy in February to drill a vertical test well with coil to a depth of approximately 7,000 feet for Sierra Geothermal Power Corp. (www.sierrageopower.com), a renewable energy company commencing operations on this deep geothermal pilot project. This is the first time coiled tubing will be used in a geothermal drilling application.”
    Thanks Mike; and, again, congratulations on a job well done! I think a lot of folks will benefit from this sort of web broadcast.
    Best Wishes,
    Roy

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 22 October 2014

    Statoil proves new oil resources near Grane field in North Sea

    Well 25/8-18 S, drilled by the rig Transocean Leader, proved an oil column of 25 m in the Heimdal Formation. The estimated volume of the discovery…

  • 21 October 2014

    IADC Cybersecurity Task Group to provide industry guidance to assess risks

    The oil and gas industry is not immune to cybersecurity threats, from computer viruses and malware to targeted attacks. The IADC Advanced Rig Technology (ART) Committee…

  • 21 October 2014

    Check-6 launches RIGOR digital checklist and compliance system

    Check-6 has launched RIGOR, a checklist-based mobile app to help simplify complex procedures and mitigate human error on the rig. Taking lessons from the aviation industry…

  • 21 October 2014

    Video: Next IADC Land Contract update to start in 2016

    The latest version of the IADC Land Contract was released in November 2013. Various incidents, including Macondo, delayed the release. “It’s an industry contract…

  • 21 October 2014

    Moomjian: ‘Honesty is the best policy in doing business’

    With more than 35 years in industry, Cary Moomjian, President of CAM OilServ Advisors, has seen the industry come a long way in terms of compliance and business ethics...

  • Read more news