Archive | Features

FCPA compliance: what every contractor needs to know

Posted on 08 September 2010 in 2010, CurrentFeatures, Features, September/October

The Macondo incident has understandably seized our industry’s attention, leaving other developments comparatively unexamined in its vast shadow. One of these developments arose in July…

Triple-deck shale shaker, mobile processing trucks push solids control capacity, efficiency

Posted on 08 September 2010 in 2010, CurrentFeatures, Features, September/October

Safety. Environmental footprint. Cost efficiency. In the oil and gas industry’s ever-expanding lexicon, no terms have become as top of mind as these critical watchwords that factor into every decision on every well…

Despite weak spots, contractors see decent prospects in West Africa offshore Angola, Ghana

Posted on 08 September 2010 in 2010, CurrentFeatures, Features, Regional Market Trends, September/October

Despite a general oversupply of offshore rigs globally that is affecting utilization and dayrates in numerous markets, the West Africa region appears to be holding its own with consistent levels of E&P activity…

Bridging the communications gap in rig automation

Posted on 08 September 2010 in 2010, CurrentFeatures, Features, Rig Equipment, September/October

IADC Drilling Control Systems subcommittee, SPE DSATS group set out to create reference roadmap to achieve full rig automation, define communication protocols needed for downhole, surface integration…

Rig NPT: the ugly truth

Posted on 08 September 2010 in 2010, CurrentFeatures, Features, Rig Equipment, September/October

NPT, the familiar acronym for nonproductive time, is a three-letter word, but it might as well be a four-letter word to drilling contractors and operators, considering the negative connotations that come with it. Perhaps the negativity is well deserved. NPT brings to mind money wasted, time wasted, failures…

New seismic-while-drilling systems may help operators navigate complex well paths

Posted on 12 July 2010 in Features, Innovating While Drilling, July/August

Since the early 2000s, the seismic-while-drilling (SWD) market has been held exclusively by one service provider. Now, the SWD landscape is about to change…

Maersk: Helping operators get the max out of modern rig fleet to be focus in 2010

Posted on 12 July 2010 in Features, Global Market Trends, July/August

Providing another take on the Norwegian drilling market is Martin Fruergaard, Maersk Drilling vice president and chief commercial officer. He believes that the drilling market in Norway has seen only a limited…

Seadrill: With Statoil active again, Norwegian market looking up for 2010

Posted on 12 July 2010 in Features, Global Market Trends, July/August

In the Norwegian segment of the European drilling market, Statoil is a true giant. If it stamps one foot, the whole region will shake and tumble. In late 2008, when recession hit the global economy…

IADC collaborating with members, government to get all rigs back to work in Gulf of Mexico

Posted on 12 July 2010 in Features, July/August

IADC continues to lead in the struggle for rationality in the wake of the Macondo spill in the US Gulf of Mexico. IADC is fighting to secure reasonable regulations and legislation that will protect not only the environment…

Ruling halts Gulf of Mexico drilling moratorium for now, but Salazar working to reinstate it

Posted on 12 July 2010 in Features, July/August

Another day, another deepwater moratorium? Seems likely. Although US District Judge Martin Feldman of New Orleans issued an injunction lifting the drilling ban on 22 June, Secretary of the Interior Ken Salazar has vowed…

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