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2018

Entrepreneurs pitch new technologies at IADC’s ART Spark Tank

By Eva Vigh, Editorial Coordinator The IADC Advanced Rig Technology (ART) Committee held its fifth Spark Tank in Houston on 6 December. The forum, launched in June 2016, provides entrepreneurs with an opportunity to pitch their new technologies and products to a panel of operators and drilling contractors – also called sharks – who then provide their feedback. At the December meeting, four entrepreneurs showcased their technologies to three panelists: Kelli Fereday, Director of Subsea Wells, BP; Alan Quintero, Chief Technology Officer, Board Member, NACD Governance Fellow, Rowan Companies; and Keith Lynch, Wells Operations Advisor-Unconventional Assets, ConocoPhillips. The event was moderated by Robin Macmillan, Senior Vice President for Business Development at National Oilwell Varco (NOV) and Chairman of the IADC ...

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HSE&T Corner: Digital checklist for field service representatives improves accountability and service quality, standardizes rig engagement

Pilots, air traffic controllers and airplane mechanics are no less susceptible to human error than anyone else. Yet commercial airlines fly billions of passengers around the world every year while experiencing very few incidents or fatalities. “What did they do? They put in checklists,” Terry Barrett, Chief Operating Office for CAVU International, said on 17 October at the 2017 IADC Human Factors Conference in Galveston, Texas...

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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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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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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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