2020 Archives - ��N��

IADC ISP: Lost-time, recordable incidence rates both fell in 2019

Linda Hsieh — Tue, 27 Oct 2020 20:45:17 +0000

The global drilling industry achieved new improvements in its safety performance last year. According to the recently issued 2019 report of the IADC Incident Statistics Program (ISP), the industry’s lost-time incidence (LTI) rate dropped to 0.18...

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Training providers seek new ways to teach, engage with students as well control training moves virtual

Linda Hsieh — Tue, 27 Oct 2020 20:45:13 +0000

Companies look to smaller class sizes, pre-course system checks and mock teaching sessions to ensure effective delivery of training content By Jay Stracke, Editorial Coordinator When the World Health Organization (WHO) declared COVID-19 a global pandemic on 11 March, it set into motion a chain of reactions that, in effect, shut down all travel and …

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Leading collaborative change for the industry

Linda Hsieh — Tue, 27 Oct 2020 20:45:09 +0000

From Jason McFarland, IADC President Over the past 80 years, IADC has grown to be the association it is today by serving members’ interests and helping them overcome everyday challenges and hurdles. When this year started, IADC expected to continue in that role. Little did I know what the year would require from the association, …

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Amid global pandemic, IADC leverages digital platforms to deliver member services and continue industry representation worldwide

Linda Hsieh — Tue, 27 Oct 2020 20:45:05 +0000

By Angie Gunden, IADC Senior Director – Corporate Services and Marketing Government and Industry Affairs The goal of IADC’s Government and Industry Affairs (GIA) team is to proactively engage with US and global regulatory and legislative bodies, policy makers and oil and gas producers to advocate for positive policy outcomes on behalf of the drilling …

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Monster downturn may dictate big changes ahead

Linda Hsieh — Tue, 27 Oct 2020 20:45:00 +0000

By Linda Hsieh, Editor & Publisher We’ve always known that this industry was cyclical. There are good years, and there are bad years. But the downturn that we’ve seen over the past eight to nine months has been another kind of monster altogether. This was no normal downturn, and we’re starting to see that the …

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Offshore recovery likely bumped out to 2022 or even beyond

Linda Hsieh — Tue, 27 Oct 2020 20:44:57 +0000

Like other sectors of the oil and gas industry, the offshore rig market took a hit this year from the double whammy of the COVID-19 pandemic and a subsequent drop in oil demand and prices. It is unclear when – or maybe if – rig demand will return to pre-pandemic levels...

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Wirelines

Linda Hsieh — Tue, 27 Oct 2020 20:44:53 +0000

BOEM, BSEE to research whether policy changes could increase deepwater production in US Gulf of Mexico The US Bureau of Ocean Energy Management (BOEM) and the Bureau of Safety and Environmental Enforcement (BSEE) announced in September that they will advance new research into whether certain policy changes could help increase oil and gas production from …

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NOV rig census shows pandemic’s historic impact on drilling industry

Linda Hsieh — Tue, 27 Oct 2020 20:44:47 +0000

Global rig demand has fallen to lowest point in census history, dating to 1955; North America has been hardest-hit, with Permian utilization at just 26% By Tarjei “TJ” Myklebust, Karl Appleton and Kevin Scherm, National Oilwell Varco The start of any 2020 census, in any industry or any part of the world, must begin with …

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With recovery of global economy still uncertain, oilfield services must stay agile, seek new ways to adapt

Linda Hsieh — Tue, 27 Oct 2020 20:44:42 +0000

Forecast for gradual increase in oil demand signals potential for comeback in 2021, but low spending levels likely to plague OFS for at least 3-4 years By Stephen Whitfield, Associate Editor The global economy has been devastated since the World Health Organization (WHO) declared COVID-19 as a global pandemic in March. Financial markets crashed. Governments …

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Soraya Carvalho, NOV: Focus on people, customer relationships lays foundation for role as officer of new IADC Latin America Chapter

Linda Hsieh — Tue, 27 Oct 2020 20:44:39 +0000

By Jay Stracke, Editorial Coordinator Life is a series of decisions, sometimes on things that seem inconsequential at the time but end up opening doors to a new life never envisioned before. For Soraya Carvalho, such a decision came on a snowy February day 13 years ago when she decided to attend an information session …

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2020 Archives - ���N����