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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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BSEE turns focus to implementing Well Control Rule

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The US Bureau of Safety and Environmental Enforcement (BSEE) is reassuring the industry that it will have up to five years to comply with the more capital-intensive provisions of the Well Control Rule. In an interview with DC at the 2016 OTC in Houston on 4 May, Lars Herbst, Regional Director of the Gulf of Mexico for BSEE, said the agency is now working on implementing the rule...

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