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Drilling industry leaders, experts gather at 2007 IADC Annual Meeting

ImageIADC recently held its 2007 Annual Meeting at the Moody Gardens Hotel & Convention Center on 1-2 November in Galveston, Texas. More than 300 industry participants from around the world attended the Annual Meeting event. Speakers from Apache Corp, Capital H Group and Pioneer Natural Resources spoke about drilling and people strategies. Leaders from Patterson-UTI, Scorpion Offshore and Noble Corp provided a driller’s outlook. Enventure and National Oilwell Varco gave insights into wells design and rig equipment for the future. And ExxonMobil, BP and StatoilHydro provided operator perspectives on current trends and challenges facing the drilling industry.

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Anadarko Announces Gulf of Mexico Discovery

ImageHOUSTON - Dec. 4, 2007

Anadarko Petroleum Corporation today announced an oil discovery at its West Tonga prospect on Green Canyon block 726 in the deepwater Gulf of Mexico. The discovery well, located in approximately 4,700 feet of water, was drilled to a total depth of 25,680 feet and encountered over 350 feet of net oil pay in three high-quality subsalt Miocene sands. Anadarko operates West Tonga with a 37.5% working interest. Partners in the discovery include StatoilHydro with a 25% working interest, Chevron with a 20.5% working interest and Shell with a 17% working interest.

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David Payne calls for elimination of diverters

Chevron’s David Payne calls for elimination of diverters, rethinking of well control practices

ImageIt’s time to rethink many of the industry’s well control practices, urged Chevron’s David Payne at the recent IADC Well Control of the Americas Conference. Traditions must be set aside, he said, in order to make progress on issues such as diverter use, cementing, managed pressure drilling and personnel training.

Quoting American author John Steinbeck, Mr Payne reminded the audience that deeply accepted practices could take surgery to remove. “I submit that it may be time for surgery,” he said.

The following are four issues Mr Payne, Chevron vice president global drilling & completions, challenged the industry to rethink.

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