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Maersk Drilling has entered into a contract with Serica Energy UK to drill a subsea development well at the Columbus Development in the Central part of the UK North Sea. The contract value is $8 million. The contract is expected to commence in Q4 2020, with an estimated duration of 70 days...

NexTier Oilfield Solutions (NexTier) has announced the successful completion of the merger between C&J Energy Services and Keane, creating a new well completion and production services company...

Dolphin Drilling has announced a two-month contract extension with i3 Energy for use of the Borgland Dolphin semisubmersible drilling rig and agreed to enter into a four-year strategic operations agreement between both companies...

Hess Corporation has announced an oil discovery at the Esox-1 exploration well located in Mississippi Canyon Block 726 in the deepwater Gulf of Mexico. Esox-1 was drilled in 1,405 m of water and encountered approximately 58 m of high-quality oil-bearing Miocene reservoirs...

Kosmos Energy has announced that the Orca-1 exploration well has made a major gas discovery offshore Mauritania in the BirAllah area. The results continue the 100% success rate from nine wells targeting the inboard gas trend in Mauritania/Senegal...

Core Laboratories - Production Enhancement group has introduced its new ReFRAC Perforating Technology, which helps completion teams boost efficiency and production in mechanical isolation-type recompletions. ReFRAC technology delivers optimal and consistent perforation hole sizes through multiple strings of tubulars...

New research findings from Deloitte suggests that if Eagle Ford and Permian Basin shale operators were to fully optimize their well designs, they could generate capital efficiency gains of 19% and 23%, respectively...

Except for harsh-environment semis, global offshore fleet continues to see a very slow recovery, although 69% utilization is the highest it’s been since 2015 By Tony Crawford, Tarjei Myklebust and Aylar Ibrahimoglu, National Oilwell Varco Rig demand in this year’s National Oilwell Varco census has shifted in both areas of geographic activity and in rig type. Late 2017 and 2018 demonstrated promising improvements in global land utilization rates and modest recovery in offshore drilling. 2019 can be characterized by strong international rig utilization and demand for land, steadily improving demand for offshore and weakening demand for land rigs in North America. Offshore rig demand in North America is improving slightly, but it has yet to see the type of growth ...

Bit is designed to provide minimal side cutting at low side loads but achieve typical BUR at higher side loads By Reed Spencer, Bradley D. Pierce and Robert E. Grimes, Baker Hughes Thousands of horizontal wells are drilled each year across numerous unconventional reservoirs throughout North America, and the horizontal departures continue to increase to ever-greater lengths. The directional trajectories of these wells are achieved with either conventional bent-motor assemblies or rotary steerable systems (RSS). Polycrystalline diamond compact (PDC) bits are used for the majority of all footage drilled in North America. Directional drillers focus on maintaining the desired wellbore inclination and azimuth, and many wells are intended to track generally straight. Outside forces such as bit walk and formation ...

From the President In the pages to follow, we will be sharing a snapshot of IADC’s activities during 2019. I am proud of what our dedicated staff and involved members have been able to accomplish this year, and it is my hope that this snapshot will make clear the value of IADC and the key role the association plays in facilitating the industry’s high standards of safety, environmental stewardship and operational efficiency. The activities of the various groups at IADC – including Government and Industry Affairs, Accreditation and Credentialing, International Development and Communications – along with the contributions of IADC’s many committees, are wide and varied. We have been able to accomplish a lot in what feels like a short ...