IADC chairman John Lindsay, executive vice president – US and international operations for Helmerich & Payne, called for collaboration and team-building among operators, drilling contractors and service firms to maximize profits. High prices for oilfield services are inevitable when demand stands near all-time highs, he said in opening remarks prior to Tuesday’s Plenary Session I. The goal should be to ensure the total well cost is lower.Read More »
2008 IADC/SPE Drilling Conference chairman Rodney Eads of Pride International (at podium) introduces the expert panel at the conference's opening-day plenary session on 4 March in Orlando, Fla.
Titled “Operating Cost: Validation, Consequences and Solution,” the conference’s opening plenary session on Tuesday brought together five industry experts to discuss rising drilling costs, the impact of those cost increases, and how lessons learned can be applied to the future. Paul R Goodfellow, regional wells manager – Americas for Shell E&P Americas served as moderator.
While a service company’s discretionary costs can be cut down, said William Coates, Schlumberger president North America, other costs – such as people – are embedded and can’t be rolled back, he said.Read More »
Most casing while drilling (CwD) is done by attaching a non-retrievable bit to the bottom of the casing and leaving the bit in the hole. Directional casing while drilling (DCwD) uses a steerable BHA that is retrieved, making DCwD a viable alternative to conventional directional drilling in depleted or mature fields that have severe lost-circulation and wellbore stability problems, said Schlumberger during a press conference held at its exhibit booth on Tuesday.
Well construction in mature fields with standard drillpipe sometimes requires extra casing strings to avoid well stability problems caused by depleted formation pressures. Because they improve wellbore stability, the DCwD techniques developed through collaboration between Schlumberger and TESCO may reduce the number of casing strings needed.Read More »
Opening the Health, Safety & Environment technical session on Tuesday afternoon, Steve Kropla, IADC group vice president – operations & accreditation, discussed the tools that IADC provides for companies to build a well control culture. WellCAP, the Well Control Accreditation Program, establishes core curriculum for well control training. It is industry-driven, developed by operators, contractors and service companies and designed for global application. It provides building blocks for well control competency through courses at several levels: introductory, fundamental, supervisory and the newest WellCAP PLUS.Read More »
On Wednesday, 5 March, the plenary session will focus on “Technology: The Key to Finding and Producing Difficult Hydrocarbons.”
Moderated by Charlie Williams, chief scientist, well engineering, production technology, for Shell International E&P Technology, the session will examine what has been the backbone of the industry’s ability to find oil and gas in increasingly difficult places and circumstances. Panelists are:Read More »
Pride International announced that it is continuing the expansion of its premium deepwater fleet with a multi-year contract award from a subsidiary of Petrobras, for the construction and operation of an advanced-capability, ultra-deepwater drillship in support of Petrobras’ international exploration and development drilling projects. Additionally, Pride is expanding its deepwater drilling operations and its geographic reach in deepwater drilling basins to the strategically important US of Gulf of Mexico with the award of a five-year contract from a subsidiary of BP. Read More »
Petrobras’ future production will be deepwater-driven, said João C.A. Figueira, upstream senior vice president for Petrobras America, in a speech to the Marine Technology Society on 24 January 2008 in Houston. With large new discoveries in pre-salt reservoirs such as Tupi and Jupiter, "deepwater is where we’re seen to grow in Brazil."
Offshore production in 300 m of water or deeper has grown significantly since the early 1990s. In fact, without deepwater production, he pointed out, Petrobras would be producing only about 500,000 bbl/day — far from the 2.367 million bbl equivalent/day it now averages. By 2011, Petrobras aims to be producing 2.374 million bbl equivalent/day.Read More »
IADC Career Connection (ICC) kicked off its Returning Military Campaign with the first exclusive returning military job fair at Fort Hood in Killeen, Texas, on 9 January 2008. Nearly 200 soldiers attended, said ICC manager Linda Silinsky-Kephart, and response from the 17 recruiting companies was overwhelmingly positive. Several employment offers were made on-site, with applications being filled out in a makeshift lunch room.
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Japan Drilling Company’s new rig, the Hakuryu-10, is nearing completion at Singapore’s PPL Shipyard. It is JDC’s first newbuild rig in more than 20 years and the first rig JDC has built outside Japan. The Baker Pacific Class 375 design cantilever jackup will be capable of operating in water depths up to 375 ft (extendable to 400 ft) and of drilling up to 30,000 ft. The Hakuryu-10 was ordered in May 2005 and is expected to be delivered by mid-2008.
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Each of two HPHT wells drilled by StatoilHydro using MPD technology in Norway’s Kvitebjørn Field have net present value of US$ 2 billion, and the operator will use MPD technology on all future Kvitebjørn wells, said Svein Erik Eide, StatoilHydro Head of Drilling and Well Technology. Mr Eide made his remarks during the 2008 SPE/IADC Managed Pressure Drilling and Underbalanced Operations Conference, 28-29 Jan., Abu Dhabi. He was presenting “Highly Advanced Multitechnical MPD Concept Extends Achievable HPHT Targets in the North Sea” (SPE/IADC 1114484). Read More »