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Innovating While Drilling®

What drives drilling contractor decisions on tech investments?

Cost is important, but contractors also weigh technology’s scalability, value to customers and – increasingly – influence on ESG performance By Stephen Forrester, Contributor In today’s market, effectively managing costs and investing in the right technologies – be that through internal product development or mergers and acquisitions (M&A) – are make-or-break tasks for drilling contractors. As a company works through the process of determining whether and how to make an investment, myriad criteria must be assessed from an operational and a financial standpoint. When those investments pay off, however, significant value is unlocked. In this article, leaders from Parker Wellbore and Helmerich & Payne (H&P) weigh in on how their companies look at technology investments and what they see for ...

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Virtual training, contingency planning help Shell navigate COVID-19 challenges for successful MPD project startups

The COVID-19 pandemic led to a number of restrictions on in-person meetings and travel that forced the global oil and gas industry to adjust the way it operates. At Shell, this meant that various adjustments had to be made in order to install MPD systems on Transocean’s Deepwater Proteus and Deepwater Poseidon drillships in the US Gulf of Mexico.

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New research examines innovation adoption culture within oil and gas industry

New research from Robert Gordon University (RGU) is providing findings that could help the traditionally risk-averse upstream oil and gas industry develop cultures that encourage and foster technology innovation and adoption. Among other things, the studies sought to help upstream decision makers better understand the influence that overarching organizational cultures have on employees.

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Schlumberger launches autonomous directional drilling

In this video interview with DC, Raul Suarez, Construction Product Manager at Schlumberger, speaks about the range of different technologies his company has developed under the autonomous directional drilling umbrella, as well as its overall vision for what can be achieved. The company launched an autonomous directional drilling service on 16 August.

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