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January/February

Threat response drills developed to focus equally on preventive risk assessments, reactive mitigations

In new approach to managing process safety risks related to well control, BHGE zeroes in on crew capability to recognize, respond to specific threat scenarios By Matthew Novia and Terrance Sookdeo, Baker Hughes, a GE Company Blowouts are the most catastrophic operational risk facing the upstream oil and gas industry, with potentially disastrous consequences to personnel, equipment and the environment. A single incident also can have severe long-term legal and financial ramifications. According to the SINTEF Offshore Blowout Database, 56% of all blowouts in the US Gulf of Mexico and North Sea between 1980 and 2014 occurred while drilling exploration or development wells. The remainder of the events – more than four of every 10 – happened during completion, workover, wireline, ...

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2019 IADC Chairman: Industry must keep its culture modern, evolving

Precision Drilling’s Kevin Neveu sets sights on engaging with next generation, supporting IADC’s technical committees, enhancing advocacy By Linda Hsieh, Editor & Publisher When you’re third-generation oilfield and your father starts taking you on rig visits at age 5, you might say that an oilfield career is hardwired into you. It’s perhaps incomprehensible in today’s industry, but around rigs is where Kevin Neveu grew up. “I loved those trips to the rig with my dad. I loved seeing the machinery and crews in action,” Mr Neveu recalls. “I would come home from a rig visit and build model drilling rigs with a Meccano set – a model construction system consisting of reusable metal parts.” By age 14, he had started working summers at his ...

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To drive performance, companies must destigmatize failure, allow employees to push the envelope

Operators and drilling contractors alike also must fully embrace data analytics, harness its power to supplement human insights and capabilities By Linda Hsieh, Editor & Publisher Greg Leveille is Chief Tech-nology Officer for ConocoPhillips. You’ve said that oil and gas companies need to shift into higher gear when it comes to innovation. What is ConocoPhillips’ approach to promoting innovation? We’re pursuing a broad-based approach that includes engaging leadership at multiple levels and training them to foster innovation. We’re trying to destigmatize failure when failure is in service to finding better solutions. We’re accelerating adoption of new technologies by breaking down barriers, and we’re training our entire workforce of around 11,000 people on how to use data analytics to improve productivity. How do you destigmatize ...

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Legacy mindsets, employee risk tolerance must evolve as industry adopts new technologies, processes

Drilling contractors also need better distribution of the value they’re delivering as they continue to drill faster, cheaper and better-quality wells By Linda Hsieh, Editor & Publisher Mike Lennox is Vice President of US Land Operations for Helmerich & Payne. What do you see as the biggest challenges that US land drillers face right now? Employee competency and risk tolerance is the number one challenge. What I mean by risk tolerance is there’s still a legacy, nostalgic image of the oilfield about older technology. I think that people need to change their mindsets and be more open to change and new technologies. Strong leadership from both drilling contractors and operators will help make this transition easier. Safety culture is another big challenge. We need to ...

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To bring deepwater back, industry must align around standardization, simplification and collaboration

Every part of the industry has a role to play in embracing Lean principles and disruptive technologies to drive better performance, increase competitiveness By Linda Hsieh, Editor & Publisher Richard Lynch is Senior VP Technology and Services at Hess Corp. In the presentation you gave at the 2018 IADC Annual General Meeting in November, you stressed the need for the industry to invest more in deepwater. How can the industry make deepwater competitive with the onshore unconventionals in this environment? While the downturn has placed a premium on short-cycle unconventionals, I do believe that investing in deepwater will be critical to the future success of our industry. I also believe that deepwater can compete, and even demonstrate higher returns, if we ...

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Contracts that govern single-point accountability via a rig contractor likely to become the new norm

Increasing recognition that ‘data is the new oil’ also calls for changes in the way drilling operations are managed and decisions are made across the value chain By Linda Hsieh, Editor & Publisher Hisham Basar is Head, Wells, Centre of Excellence, PETRONAS. In terms of drilling and completions, what are your major focus areas as you work to improve performance and efficiency for PETRONAS? As a brief introduction, PETRONAS is an established global oil and gas company with proven value-driven successes across a fully integrated oil and gas value chain, and we uphold the highest standards of safety. When I first joined PETRONAS, I envisioned bringing the company toward a world-class well delivery status globally. To achieve this vision, good teamwork is ...

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Lump-sum turnkey contracts align cost, risk on new technologies, allow faster deployment, field tests

Such a business model accelerates technology development and adoption by allowing the service company to select which technologies to use in wellbore By Linda Hsieh, Editor & Publisher Kyel Hodenfield is President of Integrated Drilling Services (IDS) for Schlumberger. What are the biggest challenges that you see for the global drilling industry? The total cost of drilling and safety of personnel continue to be the top two challenges as we aim to drill safe, compliant wells and lower the cost per foot drilled. For drilling costs, the industry has made several advances with super-spec AC/VFD rigs, rotary steerable tools, high-torque motors and 3D diamond element cutters. Nonetheless, depleted low-pressure zones still pose two technical challenges: drilling fluid losses and inconsistent-quality primary cement ...

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2019 IADC Officers

2019 IADC Officers Kevin Neveu, Chairman, Precision Drilling Corp Kevin A. Neveu is President and Chief Executive Officer and a Director of Precision Drilling Corp and has held these positions since joining the company in 2007. Mr Neveu has 35 years of experience in the oilfield services sector, holding technical, marketing, management and senior leadership positions over his career. Previously, Mr Neveu was President of the Rig Solutions Group of National Oilwell Varco in Houston and held senior management positions with it and its predecessor companies in London, Moscow, Houston, Edmonton and Calgary. Mr Neveu currently serves as a Director at Finning International and is a former board member of Bonanza Creek Energy and Rig Net. He is also a member ...

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Investments in data analytics set to make lasting, structural impacts on offshore’s competitiveness

To help operators bring offshore breakevens even lower, mindsets are also changing to think beyond traditional contractor scopes to the entire wellbore By Linda Hsieh, Editor & Publisher Roddie Mackenzie is Senior Vice President – Marketing, Innovation and Industry Relations for Transocean. It’s been about four years since the downturn began, and the industry has been relentlessly focused on lowering costs since then. How is the industry doing as far as lowering the structural side of the cost equation? Transocean has put tremendous effort into becoming more efficient, regardless of the dayrate. Our investments in things like our performance dashboards and other initiatives around data analytics – and moving away from calendar-based maintenance – are beginning to pay off. Operators are ...

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Trent Latshaw recognized as 2018 IADC Contractor of the Year

President of Latshaw Drilling: Passion for drilling industry began at an early age and has not wavered since By Amy Rose, IADC Director of External Relations In recognition of his years of service to both IADC and the drilling industry, Trent Latshaw, President of Latshaw Drilling Company, was presented with the 2018 IADC Contractor of the Year award during the IADC Annual General Meeting in New Orleans, La., in November. The award, sponsored by National Oilwell Varco (NOV), was established in 1988 to recognize individual drilling contractors and their outstanding lifetime achievements in technical innovation, safety and economic efficiency within the drilling industry. It is the only award in the industry reserved solely for drilling contractors, and all recipients are nominated ...

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