January/February Archives - 三昇体育 /2018/januaryfebruary-2018 Get the latest oil drilling news with 三昇体育 Wed, 13 May 2020 18:58:11 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 202015461 Critical issues in drilling & completions /critical-issues-drilling-completions-2-45658 /critical-issues-drilling-completions-2-45658#respond Fri, 02 Feb 2018 22:05:49 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=45658 In North America, drilling contractors have become so good at what they do that it seems remaining improvements can only be incremental 鈥 measured in hours, minutes or even seconds. So where can companies look for the next step-change, the next differentiator that will set them apart from the competition? The consensus: automation and digitalization.

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Process automation becoming key enabler for optimization as market moves deeper into industrialization /process-automation-becoming-key-enabler-for-optimization-as-market-moves-deeper-into-industrialization-45339 /process-automation-becoming-key-enabler-for-optimization-as-market-moves-deeper-into-industrialization-45339#respond Fri, 02 Feb 2018 21:37:21 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=45339 I would say there are two main things that are on my mind, and the first is wide-scale adoption of industrialized principles. When there鈥檚 industrialization, like the kind we see in the unconventionals where we鈥檙e mass-producing a large number of identical wells, it really allows you to optimize each step of the process and make significant improvements in efficiency...

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SIMOPs, continuous pumping may help operators create additional value as sizes of well pads expand /simops-continuous-pumping-may-help-operators-create-additional-value-as-sizes-of-well-pads-expand-45345 /simops-continuous-pumping-may-help-operators-create-additional-value-as-sizes-of-well-pads-expand-45345#respond Fri, 02 Feb 2018 21:37:21 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=45345 Within Total, we have identified safety as a value rather than as a priority. That鈥檚 because priorities can change due to environmental factors. For us, safety is a pillar on which we build everything else. We manage and control the risks associated with our activities, both for our employees and for the communities in which we undertake these activities. We also minimize their impact for future generations...

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With dayrates still low, industry may have to look to consolidation to cut costs, accelerate rig retirements /with-dayrates-still-low-industry-may-have-to-look-to-consolidation-to-cut-costs-accelerate-rig-retirements-45361 /with-dayrates-still-low-industry-may-have-to-look-to-consolidation-to-cut-costs-accelerate-rig-retirements-45361#respond Fri, 02 Feb 2018 21:37:21 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=45361 Newbuild deliveries may exert pressure on jackup market in 2018, but operators likely to maintain preference for high-performing rigs with recent track records By Linda Hsieh, Managing Editor Ihab Toma is CEO of Vantage Drilling. Looking at the global offshore drilling market today, what do you see as the most critical challenges facing this business? …

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Industry must leverage data, automation to create collaborative workflows that eliminate waste /industry-must-leverage-data-automation-to-create-collaborative-workflows-that-eliminate-waste-45371 /industry-must-leverage-data-automation-to-create-collaborative-workflows-that-eliminate-waste-45371#respond Fri, 02 Feb 2018 21:37:21 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=45371 A couple of big challenges come to mind, and first and foremost is keeping talent and getting the right skill sets for our employees. As technology changes and as we find better ways to adopt those technologies into our industry, it鈥檚 critically important that we train our workforce so they have the proper skills to deploy those technologies. More and more, our employees are technical specialists, not generalists. We don鈥檛 just have petroleum or drilling engineers. We have data scientists and black-belt process experts, as well as application development engineers and integrated planning personnel. The staffing transformation is well under way...

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Next-level automation to go beyond discrete processes, linking data and workflows with digital technologies /next-level-automation-to-go-beyond-discrete-processes-linking-data-and-workflows-with-digital-technologies-45375 /next-level-automation-to-go-beyond-discrete-processes-linking-data-and-workflows-with-digital-technologies-45375#respond Fri, 02 Feb 2018 21:37:21 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=45375 To advance drilling efficiencies and ensure profitability for entire supply chain, industry also must shift toward outcome-based contracts on a larger scale By Kelli Ainsworth Robinson, Associate Editor Arindam Bhattacharya is President of Schlumberger Land Rigs. What do you see as the most critical challenges facing oilfield service companies in the current environment? The most …

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Consolidation, shift away from dayrate model set to transform US onshore drilling industry /consolidation-shift-away-from-dayrate-model-set-to-transform-us-onshore-drilling-industry-45381 /consolidation-shift-away-from-dayrate-model-set-to-transform-us-onshore-drilling-industry-45381#respond Fri, 02 Feb 2018 21:37:21 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=45381 One of the biggest challenges the industry faces right now is the dayrate model. The issue is that the dramatic increases in drilling efficiency and wellbore quality made by drilling contractors are not reflected in the dayrate model. The benefit of those advances goes only to the shareholders of the E&P company, not to the shareholders of the drilling contractor...

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Technology partnerships allowing industry to tap new expertise, unrealized potential of automation /technology-partnerships-allowing-industry-to-tap-new-expertise-unrealized-potential-of-automation-45388 /technology-partnerships-allowing-industry-to-tap-new-expertise-unrealized-potential-of-automation-45388#respond Fri, 02 Feb 2018 21:37:21 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=45388 Companies moving to fully embrace digitalization as they realize that cost-cutting won’t lead to innovations the industry needs to face future challenges By Kelli Ainsworth Robinson, Associate Editor Etienne Roux is President, Drilling and Evaluation, for Weatherford. What do you consider to be the most critical issues facing the drilling industry today? It’s probably no …

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2018 IADC Officers /2018-iadc-officers-45473 /2018-iadc-officers-45473#respond Fri, 02 Feb 2018 21:37:01 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=45473 Steven J. Brady joined Ensco in 2002 and was appointed to his current position of Senior Vice President 鈥 Eastern Hemisphere in December 2014. Prior to his current position, Mr Brady served as Senior Vice President 鈥 Western Hemisphere, Vice President 鈥 Europe and Mediterranean, General Manager 鈥 Middle East and Asia Pacific, and in other leadership positions in the Eastern Hemisphere. Prior to joining Ensco, Mr Brady spent 18 years in various technical and managerial roles for ConocoPhillips in locations around the world. Mr Brady holds a Bachelor of Science degree in petroleum engineering from Mississippi State University....

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2018 IADC Chairman to focus on outreach, competency, advocacy /2018-iadc-chairman-to-focus-on-outreach-competency-advocacy-45477 /2018-iadc-chairman-to-focus-on-outreach-competency-advocacy-45477#respond Fri, 02 Feb 2018 21:37:01 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=45477 As a child who grew up in a household that moved 20 times in 20 years, you might say that Steven Brady was well-prepared for a drilling career that would take him around the world to places like Aberdeen, Stavanger and even Archangel, Russia. 鈥淔rankly, I enjoyed moving. It was the story of my childhood,鈥 he recalled. 鈥淚鈥檓 sure there are people who like to go to work and do the same thing everyday... but I enjoy seeing new places and new people. New challenges motivate me.鈥..

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