July/August Archives - ��N��

IADC Gateway program prepares new-to-industry, entry-level employees for life on a drilling rig

Linda Hsieh — Wed, 22 Jun 2016 18:20:53 +0000

In 2012, members of the Lone Star College Industry Advisory Board identified a need for a training program that could prepare entry-level, new-hire candidates for the rigorous job requirements of working on a rig.

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GOM deepwater case studies: Hybrid bit minimizes vibrations, increases ROP, directional control

Linda Hsieh — Wed, 22 Jun 2016 16:21:43 +0000

Polycrystalline diamond compact (PDC) bits and traditional roller cone bits can both face numerous challenges when drilling in the deepwater Gulf of Mexico (GOM). These range from poor drilling dynamics and gumbo-related-balling problems to drilling salt efficiently. The resulting nonproductive time (NPT) and compromised drilling speeds can challenge economic recovery in today’s environment. However, in Q1 2016, deepwater operators have used a new hybrid drill bit technology to reduce drilling times in extreme GOM wells.

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Along-string measurements enable critical decisions, understanding of open, cased hole on structurally complex Norwegian North Sea field

Linda Hsieh — Wed, 22 Jun 2016 16:21:43 +0000

With the development of a new field in the Norwegian North Sea, a major operator is taking on a complex task. The field was initially discovered in 1975 but proved too difficult to develop at the time. The field consists of an oil reservoir and several deeper, structurally complex, high-pressure gas and condensate reservoirs. Long horizontal wells are required for developing the oil reservoir, while several deviated wells will be drilled to unlock the gas and condensate reserves. Wells are drilled with restricted pressure windows and present a risk of both severe losses and influxes.

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D&C News

Linda Hsieh — Wed, 22 Jun 2016 16:21:43 +0000

Statoil to farm into exploration licenses in Turkey Statoil has entered a binding letter agreement for two exploration licenses in the Thrace region in the northwestern part of Turkey. The exploration licenses cover an area of approximately 540 sq km. Statoil will have a 50% interest in the Banarli licences, while the operator Valeura Energy, …

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D&C Tech Digest

Linda Hsieh — Wed, 22 Jun 2016 16:21:43 +0000

Halliburton and Nine Energy recently worked with Eclipse Resources Corp to hydraulically fracture and complete the extended-reach lateral test well known as “Purple Hayes.”

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People, Companies & Products

Linda Hsieh — Wed, 22 Jun 2016 16:21:42 +0000

Technip and FMC Technologies have announced that the companies will combine into one company under the name TechnipFMC, which would have an equity value of $13 billion based on pre-announcement share prices.

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Perspectives: Siv Hilde Houmb, Secure-NOK: Fortify cybersecurity to avoid downtime

Arafat Hoque — Wed, 22 Jun 2016 16:21:42 +0000

Growing up on a dairy farm in Norway outside of Lillehammer, Dr Siv Hilde Houmb learned how to ski at an early age and dreamed of competing in the Olympics. When a torn knee ligament sidelined her skiing career in 1993, Dr Houmb initially opted to forge a career in sports science and sports biomechanics. However, during her studies at Telemark University College and the Norwegian University of Sports and Physical Education from 1993-1994, she found herself increasingly fascinated by something entirely different – computers. “A computer is logically built. It is made by people, which means it has a finite defined state that it can work in, so you can learn everything about the computer. You can master it,” Dr Houmb said.

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Can US land repeat zero fatalities if market rallies?

Linda Hsieh — Wed, 22 Jun 2016 16:21:42 +0000

Attendees at the 2016 IADC Drilling Onshore Conference on 19 May were treated to a bit of good news during the market outlook session: The oil and gas industry is right at the beginning of a multi-year cyclical upswing. That’s according to Marshall Adkins, Managing Director for Raymond James and Associates. In fact, Mr Adkins said there is potential for the US rig count to average approximately 1,000 for 2017 and 1,300 for 2018. Those would be significant improvements over this year’s dismal rig count, which was hovering in the high 300’s as of May.

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Pushing the envelope in deepwater cementing

Linda Hsieh — Wed, 22 Jun 2016 16:21:42 +0000

As operators continue exploring and developing deepwater resources, cementing challenges have increased exponentially due to the very narrow pore pressures and fracture gradients typically seen in deepwater wells. Not only do operators have to ensure they’re achieving the necessary zonal isolation and sufficient cement coverage, they’re also now dealing with increasingly thicker casing and the resulting tighter restrictions. Thicker casing has come about due to the industry’s desire to improve safety, said Iain Levie, Vice- President of Global Technical Services for Antelope Oil Tool. “Casing designs require more robust burst and collapse thresholds, so operators are moving toward thicker-walled casing.”

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North Sea industry learning to live in world of $60 oil

Linda Hsieh — Wed, 22 Jun 2016 16:21:42 +0000

Although the global oil downturn continues to cast a shadow over the North Sea E&P market, all segments of the industry are pitching in to reduce costs and help this mature basin remain viable well into the future. Similar to other parts of the world, the cost of development in the North Sea increased significantly during the last boom. As oil prices fell, however, companies have been forced to find new ways to bring costs in line with lower budgets. “The UK is particularly challenged as the cost of production in the North Sea has become unacceptably high,” said Hannon Westwood General Manager Brian Nottage. “In the UK, we have about 300 assets currently on stream, and about a third of those are struggling to make money at current prices.” The UK government is helping by lowering taxes for oil producers, although this is unlikely to bring about significant changes in the short term.

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July/August Archives - ���N����

IADC Gateway program prepares new-to-industry, entry-level employees for life on a drilling rig

GOM deepwater case studies: Hybrid bit minimizes vibrations, increases ROP, directional control

Along-string measurements enable critical decisions, understanding of open, cased hole on structurally complex Norwegian North Sea field

D&C News

D&C Tech Digest

People, Companies & Products

Perspectives: Siv Hilde Houmb, Secure-NOK: Fortify cybersecurity to avoid downtime

Can US land repeat zero fatalities if market rallies?

Pushing the envelope in deepwater cementing

North Sea industry learning to live in world of $60 oil

July/August Archives - ��N��