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Shale to carry critical geostrategic implications for US for coming decades

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With the US assuming a new role as a swing producer due to the unconventionals, the nation is gaining far more influence over the global oil market than before, Baron Lukas, CEO of EnviroLogic Solutions, said at the 2016 IADC Drilling Onshore Conference in Houston. In addition, shale could allow the US to become fully energy-independent. In this video from the conference on 19 May, Mr Lukas explains the geostrategic implications of US shale production. He also discusses demographic trends, such as aging populations in developed countries, that could have an impact on long-term energy demand.

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Industry pushes crew competency through training rigs, simulated environments

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Drilling contractors are increasingly using applied training environments to deepen competency and better develop high-reliability organizations. At Precision Drilling, for example, a fully functional drilling rig is being dedicated to providing crews with hands-on training in ways that traditional classroom-based training can’t. The onshore drilling industry is also looking...

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US onshore rig count to pick up in 2017, but recovery will be gradual

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The US land rig count is expected to remain flat for the remainder of the year, but approximately 200 rigs will go back to work in 2017, James West, Senior Managing Director at Evercore ISI, said at the 2016 IADC Drilling Onshore Conference in Houston. This signals a recovery, but it’s like to happen gradually rather than immediately. In this video from the conference on 19 May, Mr West explains some of the factors that will moderate the onshore drilling market recovery, including challenges around labor and equipment.

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DC visit, Texas Rule 13 among key government affairs issues impacting onshore drilling

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IADC and onshore drilling contractor members visited Washington, DC, in April to engage with members of Congress and OSHA on issues that are impacting the industry. “We used this opportunity to refresh and reset IADC’s presence on Capitol Hill,” said Liz Craddock, IADC Vice President of Policy and Government Affairs. IADC has also continued to advocate for onshore drilling contractors at the state level...

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