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

  • 15 April 2015

    DNV unveils Recommended Practice to standardize steel forgings for subsea applications

    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...

  • 14 April 2015

    BSEE issues proposed BOP, well control regulations for public comment

    On 13 April, US Secretary of the Interior Sally Jewell announced proposed regulations that call for more...

  • 14 April 2015

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

    The rapid and aggressive response by oil and gas companies to low oil prices has stabilized the sector...

  • 13 April 2015

    UKOG completes Weald Basin PEDL126 acquisition from Magellan

    UK Oil and Gas now holds 100% interest in the Weald Basin onshore license PEDL126 after acquiring...

  • 13 April 2015

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

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

  • Read more news