July/August 2022

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Digital Transformation
The Art of Data Science: Industry hones in on reliability, ease of use Recent efforts touch on standardization, aggregation from disparate sources, automated processing and customizable delivery to users By Stephen Whitfield, Associate Editor
Rules Engine Exchange: Patterson-UTI applies advanced real-time alerting system to drive operational excellence By Trevor Olson, Patterson-UTI Drilling Company
Industry may need to look to startups to unlock new potential for tech innovation By Stephen Forrester, Contributor
Advancing the energy transition requires collaboration, cash and Star Trek-level thinking By Jessica Whiteside, Contributor
Software goes beyond graphs to offer virtual reality presentation of drilling data visualizations By Stephen Whitfield, Associate Editor
Offshore Asset Integrity
In new digital ecosystem, considerationsfor asset integrity must evolve Physical inspections remain important, but cybersecurity and data analytics now play bigger roles in driving safety-critical decisions By Stephen Whitfield, Associate Editor
Environmental, Social and Governance
Industry panel: Companies must embrace the challenges that will come with the energy transition By Stephen Whitfield, Associate Editor
IADC Connection
From the Chairman: Industry leverages automation, digitalization to build a better and safer work environment By Jeremy Thigpen, IADC Chairman
News Cuttings IADC, Brazil’s ABESPetro formalize collaboration Celine Martin, Guido van den Bos honored with IADC Exemplary Service Awards Revised IADC Bit Dull Grading document issued for industry comment Ensign, Diamond win Australasia Chapter safety awards IADC licenses Data Gumbo as smart contract provider IADC releases Rig Sensor Stewardship Guidelines
Wirelines API releases policy plan for boosting US production BSEE proposes formal regulations around use of novel, HPHT technologies IADC calls DOI out on decision to halt lease sales
Departments
Drilling Ahead: Inflation, lack of funding threaten industry’s recovery and upcycle By Linda Hsieh, Editor & Publisher
D&C News Fajr-8 well tested, commences production in Egypt Keppel secures bareboat charters for 4 jackups to be deployed in Middle East Contracts extended into 2025 for 3 Seadrill jackups Energean extends 2022 drilling campaign in Israel Equinor makes discovery near Johan Castberg field Valaris sells jackups, pledges regular fleet assessments Chevron to develop Ballymore in US Gulf with 3-mile subsea tieback to Blind Faith Shell announces start of production from Guanabara FPSO in Brazil’s Santos Basin Maersk Invincible to drill on Ivar Aasen
D&C Tech Digest Coretrax system expands 27,000 ft of tubulars across 3 wells in Utica Basin 75.4 hours of continuous plug-and-perf pumping time achieved in DJ Basin Subsea solutions enable milestone in cost savings, CO₂ emissions reduction R&D project aims to find lower-cost options for downhole sampling, logging
News Briefs: Environmental, Social and Governance UK’s 1st carbon storage licensing round offers 13 areas Chevron, Pertamina to collaborate on geothermal, other low-carbon projects Energy transition needs to cut demand 1st, not supply UH research: Produced water could be new source of lithium ABB set to automate, power Northern Lights project DNV to help IOGP develop decarbonization guidelines VOC capture system used during manufacture of coating technology
Oil & Gas Markets DNV survey: 57% of professionals say they believe cyber attacks on energy industry will cause loss of life Report: High-impact exploration drilling levels didn’t fall in 2021, but success rate did McKinsey research: Oil demand may peak by 2025 Long-term LNG contracting off to a fast start this year More oil/gas companies see CCUS as revenue stream
People, Companies and Products Valaris announces executive leadership appointments Caio Mário Paes de Andrade elected as new CEO of Petrobras Matrix to build riser buoyancy system for new floater in Asia Nabors, Hydro Drilling form alliance in Europe, Africa Odfjell Technology secures wellbore cleanup contract Hearne to lead consolidated Chevron E&P business Liberty Energy, Seismos partner on real-time stimulation analytics Kongsberg signs agreement for digital twin solution Fishbones takes its stimulation technology into geothermal Keppel O&M, Sembcorp agree on proposed merger Alturki Ventures invests in wireless downhole technology Products New software optimizes drilling parameters in real time Subsea wellhead technology helps lower installation cost, time Oil States launches MPD and RGH system, 15K riser for HPHT, sour service Remote well monitoring system leverages satellite connectivity DNV offers new tool for safety, sustainability assessments Water-based hydraulic fluid designed for offshore rigs Smart valve positioner improves reliability, safety
Perspectives: Fred Growcock – IADC Tech Pubs Committee looks to the future as it considers expanding focus beyond oil and gas By Stephen Whitfield, Associate Editor