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2017

IBP: Brazil is ‘on the right track’ with changes to local content, tax regimes, environmental licensing

It might be an understatement to say that the Brazilian oil and gas industry is in a state of flux. With the double whammy of a global oil price collapse and a corruption scandal that brought its national oil company to the brink of meltdown, Brazil looked like it was headed for some deeply troubling times...

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Perspectives: Trent Martin, Transocean: Industry’s embrace of data-driven approach to drilling optimization means it’s a great time to be an offshore engineer

As a child of a Saudi Aramco helicopter maintenance engineer in the 1970s and ’80s, Trent Martin lived in more places while growing up than some people visit in a lifetime. From East Africa to Saudi Arabia and across Canada, the oil and gas industry quickly captured Mr Martin’s imagination as his father moved from one part of the industry to another...

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HSE&T Corner: Involving employees in JSA development, making corrective actions visible increase buy-in to incident prevention programs

While the first and most important objective of an incident prevention program is to ensure employees get home safely, a strong program does more than protect people from harm. “They have the benefits of increased productivity, reduced costs and lower employee turnover,” Phil Molé, EHS Expert for Velocity EHS, said on 7 February at the 2017 IADC HSE&T Conference in Houston. “You improve employee morale and job satisfaction overall because you create the kind of environment employees like to be in.”

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Wirelines

On 3 February, the US House of Representatives voted in favor of H.J.Res. 38, which is a Congressional Review Act resolution to nullify “Waste Prevention, Production Subject to Royalties and Resource Conservation,” a rule from the US Bureau of Land Management (BLM). The rule regulated methane emissions via venting and flaring limitations on public and Indian lands.

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IADC partners with Texas A&M to launch 1st student chapter

IADC’s first-ever student chapter, at Texas A&M University, received its certificate of organization at a luncheon held by the association’s Houston Chapter on 31 January. “Having an organization like IADC at the student level allows students to understand what kind of career opportunities are out there and where they might fit in the professional oil and gas industry,” Andy Hendricks, 2017 IADC Chairman and President/CEO of Patterson-UTI Energy, said at the luncheon.

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People, Companies & Products

Nabors, Weatherford agree to form alliance to deliver integrated drilling solutions in US lower 48 states Nabors Industries and Weatherford International have signed a non-binding memorandum of understanding (MOU) to form an alliance focused on delivering enhanced drilling solutions to the oil and gas land market in the US lower 48 states. The MOU states that Weatherford will bring well construction expertise, managed pressure drilling (MPD) solutions, directional drilling capabilities and drilling hardware, as well as associated software applications and engineering personnel. Nabors will bring its fleet of MPD-ready SmartRigs and land-optimized measurement-while-drilling (MWD) systems, together with its performance drilling software applications, automated rig equipment and proprietary control systems. By leveraging the technical expertise and engineering capabilities of the two ...

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New drill stem rotary shoulder connection incorporates innovative single start shark thread shape

For the past century, the oil and gas industry has been pushing the limits of the existing drilling envelope to reach deeper, more remote hydrocarbon reservoirs. The evolution of drilling programs has driven drill string manufacturers to engineer new drill pipe solutions to safely develop the most challenging horizontal and extended-reach drilling (ERD) well profiles.

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