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Drilling It Safely

Remote operating centers leverage smart tools, automation to boost efficiency, facilitate collaboration

Industry continues efforts to advance remote technologies to improve drilling, geosteering and wireline operations, unlock greater efficiencies from the rig site By Stephen Whitfield, Associate Editor As the oil and gas industry navigates difficult economic terrain and seeks systems for improving efficiencies, remote systems and real-time operating centers (RTOCs) may be at the center of a paradigm shift. However, in order to realize greater operational efficiencies, operators and drilling contractors will likely have to invest in tools that can enable greater collaboration. At Helmerich and Payne (H&P), remote operations have been an area of focus for years, and Trey Adams, Vice President of H&P, said they are critical for drilling contractors seeking to drill consistent, high- quality and lower-cost wells. “As ...

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New industry-backed council aims to make energy ESG disclosures more relevant for all stakeholders

Group is developing disclosure framework based on metrics that are truly material to sustainability, plans Q1 launch of database and reporting guidance  By Jessica Whiteside, contributor Building a repository of environmental, social and governance (ESG) data that reflects the sustainability of companies across the energy sector is a key ambition of the Houston-based Energy ESG Council.  The nonprofit council, formed December 2019, is backed by board and advisory support from the investment community and several oil and gas-related trade associations, including IADC. Its mission is to create clarity for executive teams, investors, lenders, insurers, regulators and other stakeholders about which ESG attributes are truly material to a company’s long-term viability in the energy sector. “There is an opportunity to create ...

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Changing landscape calls for industry to embrace new ways of working, transition to a lower-margin business

Equinor’s Erik Kirkemo: Companies can prepare for the future by leveraging digital solutions, prioritizing emissions reductions, staying proactive on safety By Linda Hsieh, Editor & Publisher Erik Kirkemo is Senior Vice President Drilling & Well at Equinor. From your perspective at Equinor, what do you see as the key challenges right now in terms of drilling and completions? First and foremost, safety must still be the top priority; it remains fundamental to everything we do. Our No. 1 priority is to ensure we do everything we can to prevent major scale accidents and injuries to people and the environment. With that said, COVID-19 continues to be a huge challenge for the industry, from supply chain to business continuity to costs, ...

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