May/June 2024

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Offshore Technologies and Markets
Technology advances see offshore drilling firmly move to the digital realm Industry pursues increased efficiencies through real-time KPI tracking, fuel consumption monitoring and a rig-specific digital twin By Stephen Whitfield, Senior Editor
ROP Optimization
Holistic approach to ROP balances speed with tool reliability, quality of well Drilling contractors deploying technologies that prioritize mitigation of downhole dysfunctions and ability to stay in hole for longer By Stephen Whitfield, Senior Editor
Market Update: Drilling in Africa
Drilling activity, rig demand on the rise across Africa amid deepwater exploration successes By Linda Hsieh, Editor and Publisher
Geothermal Drilling
Well classification system under development at recently formed IADC Geothermal Committee By Stephen Whitfield, Senior Editor
NOV applies downhole expertise from oil and gas drilling to drive innovations for geothermal By Alexis Garcia, Danny Perez, Michael Adams and Jessica Stump, NOV
Drilling Conference
Industry shifting from blame to learning by applying human and organizational performance By Jessica Whiteside, Contributor
Marcellus project demonstrates potential to power land rig using fuel with up to 20% hydrogen By Stephen Whitfield, Senior Editor
Industry leaders cite innovation, collaboration as key ingredients to maximize asset performance By Stephen Whitfield, Senior Editor
IADC Connection
From the President: The power of teamwork at IADC – fostering unity and collective action By Jason McFarland, IADC President
News Cuttings IADC North Sea Chapter Safety Awards honor members for best in performance IADC Student Chapters tour Valaris semisubmersible Southeast Asia Chapter presents Safety Awards UTP Student Chapter holds 4-day IADC Drilling Week New IADC Student Chapters established in Texas, Algeria
Wirelines IADC DrillersPAC steps up advocacy at luncheon with Congressman Wesley Hunt SEC stays climate disclosure rule pending judicial review API, US energy groups oppose proposed methane fee rule BOEM announces areas under consideration for future GOM lease sales
Departments
Drilling Ahead: Companies can drive success, add value by embracing neurodiversity By Linda Hsieh, Editor & Publisher
D&C News Production kicks off on ADNOC’s Belbazem block Analyses ongoing for new exploration well in Austria Tyra hub producing again in Danish North Sea following multi-year redevelopment Deepwater Asgard contract extended for 1 year in GOM Noble rigs win additional work in Norway, Philippines Agreement reached on Equatorial Guinea’s Block EG-23 Successful appraisal completed on PEL 83 in Namibia’s Orange Basin Bluefin marks another discovery for ExxonMobil on Guyana’s Stabroek block Bohai Sea yields major new oil discovery for CNOOC
D&C Tech Digest OTC recognizes Spotlight on New Technology winners Parker, TDE partnership aims to commercialize high-bandwidth drill pipe technology Magnus RSS, MPD enable safe drilling of reservoir section in one run in Kuwait
News Briefs: Environmental, Social and Governance Report urges hydrogen exporters, developers to consider emissions scope from full value chain NSTA launches new plan for emissions reductions from North Sea oil and gas assets TotalEnergies reports 34% reduction in its Scope 1+2 emissions from operated oil/gas facilities since 2015 Technology allows BP to step up flares emission tracking Studies look at how existing infrastructure can be used to transport hydrogen
Oil & Gas Markets Natural gas ranked No. 1 for providing clean, reliable and affordable electricity Upstream FIDs expected to increase this year, with focus on deepwater resources Survey finds growing concerns around ROIs for transition-related investments Study advocates for energy security policies focusing on demand-side solutions
People, Companies and Products Dril-Quip, Innovex Downhole announce merger SLB inks deals for ChampionX, carbon capture business Equinor orders remote-controlled completion systems New acquisition boosts Bishop Lifting’s footprint AGR wins consultancy work with Norway’s Petoro Turnco expands with acquisition of Drill Spec APA Corp acquires Callon, updates executive team Talos announces divestiture of its entire CCS business Chevron invests in carbon capture tech company Neo Oiltools names CEO Products Ultrasonic sensors achieve accurate measurements of CO2 during gas flaring BatteryStar hoist designed to offer power, portability New diverter optimizes casing running speeds Quick-opening closure improves reliability Cases allow safe transport of lithium-ion batteries
Perspectives: Ryan Smallwood, Patterson-UTI – Passion for service drives work to improve drilling safety By Stephen Whitfield, Senior Editor