Home / 2018 / January/February (page 3)

January/February

Drilling Ahead: OCS plan offers opportunity, but great responsibility

If you despair of chronic US political gridlock, lift up your heart in praise. The proposed 2019-2024 Outer Continental Shelf Leasing Plan, which opens some 90% of total US federal waters to leasing, has coalesced coastal politicians red and blue into a determined bloc – against the plan, that is. Most prominently, following a quickly arranged meeting with the objecting Republican governor of Florida, Interior Secretary Ryan Zinke promptly announced that the Sunshine State was removed from the plan. That exclusion prompted a second wave of bipartisanship, a la, what about us?...

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D&C News

Rowan has concluded the purchase of two LeTourneau Super 116E jackup rigs, the P-59 and P-60, which were both delivered new into service in 2013, in a public auction from a subsidiary of Petrobras for $38.5 million per unit. The company intends to mobilize these modern jackups to the Middle East from their current location in Brazil in late Q1 2018...

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People, Companies & Products

Noble Corp has announced the retirement of Chairman, President and CEO David W. Williams and the election by the board of directors of Julie J. Robertson to succeed Mr Williams in such roles. The leadership succession plan calls for Mr Williams to remain with the company through February 2018, serving in an advisory capacity...

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Wirelines

Following the conclusion of two recent court cases – USA v. Black Elk Energy Offshore, and Island Operating Co v. Jewell – the US Bureau of Safety and Environmental Enforcement (BSEE) will no longer be able to hold contractors liable for violations of the Outer Continental Shelf Lands Act (OCSLA)...

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Critical issues in drilling & completions

In North America, drilling contractors have become so good at what they do that it seems remaining improvements can only be incremental – measured in hours, minutes or even seconds. So where can companies look for the next step-change, the next differentiator that will set them apart from the competition? The consensus: automation and digitalization...

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2018 IADC/SPE Drilling Conference abstracts

Apply a unique approach and workflow to transform data into usable knowledge supporting multi-rig deepwater operations to aid the reduction of well cycle time and remain economically competitive during low cost oil environment. Maximize the utilization and concise visualization of surface digital data providing invaluable insight to achieve reliable, efficient and world-class performance excellence. Establish data-driven well construction optimization process to achieve rig operations consistency closer to the technical limit. ...

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Process automation may provide next performance differentiator in ultra-competitive shale market

Right now, it’s survival. There are a lot of people struggling to make the money that is required for their businesses, and we have to think about how our businesses are going to evolve going forward. Everyone is having to work out how they can make money with minimal investment. One way is consolidation, which we’ll likely see more of in the coming years. Another way is to find lower-cost and more innovative ways to do things...

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