2021 Archives - Èý•NÌåÓý /2021 Get the latest oil drilling news with Èý•NÌåÓý Wed, 03 Nov 2021 16:41:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 202015461 Brazil is mindful of E&P challenges, will continue to lower ‘above-ground’ risks, ANP Director General says /brazil-is-mindful-of-ep-challenges-will-continue-to-lower-above-ground-risks-anp-director-general-says-61477 /brazil-is-mindful-of-ep-challenges-will-continue-to-lower-above-ground-risks-anp-director-general-says-61477#respond Wed, 03 Nov 2021 16:31:19 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=61477 Proposal to include pre-salt blocks under open acreage program and adjusting fiscal terms among steps being taken to enhance competitiveness of Brazil’s assets By Stephen Whitfield, Associate Editor Recognizing that oil companies – facing unstable prices and stringent environmental regulations – have become much more selective about where they place investments, Brazil’s National Agency of …

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]]> /brazil-is-mindful-of-ep-challenges-will-continue-to-lower-above-ground-risks-anp-director-general-says-61477/feed 0 61477 What drives drilling contractor decisions on tech investments? /what-drives-drilling-contractor-decisions-on-tech-investments-61488 /what-drives-drilling-contractor-decisions-on-tech-investments-61488#respond Wed, 03 Nov 2021 16:31:19 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=61488 Cost is important, but contractors also weigh technology’s scalability, value to customers and – increasingly – influence on ESG performance By Stephen Forrester, Contributor In today’s market, effectively managing costs and investing in the right technologies – be that through internal product development or mergers and acquisitions (M&A) – are make-or-break tasks for drilling contractors. …

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]]> /what-drives-drilling-contractor-decisions-on-tech-investments-61488/feed 0 61488 This time, energy transition digging deep into our roots /this-time-energy-transition-digging-deep-into-our-roots-61474 /this-time-energy-transition-digging-deep-into-our-roots-61474#respond Wed, 03 Nov 2021 16:31:18 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=61474 By Linda Hsieh, Editor & Publisher The oil and gas industry, and in particular the contract drilling industry, has weathered a lot of storms to get to where it is today. Offshore, for example, we’re drilling in 10,000 to 12,000 ft of water with 15,000- to 20,000-psi BOP stacks, and drilling with sophisticated MPD equipment …

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]]> /this-time-energy-transition-digging-deep-into-our-roots-61474/feed 0 61474 Noble teams up with tech company to leverage AI, create and deploy inclusive, automated behavior-based safety program /noble-teams-up-with-tech-company-to-leverage-ai-create-and-deploy-inclusive-automated-behavior-based-safety-program-61468 /noble-teams-up-with-tech-company-to-leverage-ai-create-and-deploy-inclusive-automated-behavior-based-safety-program-61468#respond Wed, 03 Nov 2021 16:31:17 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=61468 By Adrian Brown, Fennex; Barry Quinn, Noble Corp challenges in the oil and gas industry, leaders are seeking innovative tools and solutions that will help them remain relevant and competitive, and digital technologies are leading the charge in driving the change in modern operations. Advancements in artificial intelligence (AI), machine learning, and data analytics offer …

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]]> /noble-teams-up-with-tech-company-to-leverage-ai-create-and-deploy-inclusive-automated-behavior-based-safety-program-61468/feed 0 61468 North American land drilling market moving up, but at a gradual pace /north-american-land-drilling-market-moving-up-but-at-a-gradual-pace-61501 /north-american-land-drilling-market-moving-up-but-at-a-gradual-pace-61501#respond Wed, 03 Nov 2021 16:31:17 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=61501 Amid slow recovery, operators are still hedging against potential oversupply in 2022, while strong natural gas prices may lead to some reallocation of resources By Stephen Whitfield, Associate Editor Heading into 2022, the North American shale market appears to be in the early stages of a recovery from the COVID-fueled oil price downturn.  A gradual …

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]]> /north-american-land-drilling-market-moving-up-but-at-a-gradual-pace-61501/feed 0 61501 Offshore rig utilization continues upward trend, but not all regions seeing bumps in dayrates yet /offshore-rig-utilization-continues-upward-trend-but-not-all-regions-seeing-bumps-in-dayrates-yet-61494 /offshore-rig-utilization-continues-upward-trend-but-not-all-regions-seeing-bumps-in-dayrates-yet-61494#respond Wed, 03 Nov 2021 16:31:16 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=61494 Westwood: Global marketed utilization could reach as high as 85% in 2022 if rig attrition continues By Terry Childs and Alex Middleton, Westwood Global Energy Group The global offshore rig market has experienced somewhat of a recovery – at least in utilization – in many regions. The price of Brent crude seems to have risen …

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]]> /offshore-rig-utilization-continues-upward-trend-but-not-all-regions-seeing-bumps-in-dayrates-yet-61494/feed 0 61494 IADC presses ahead on ESG, training and information sharing /iadc-presses-ahead-on-esg-training-and-information-sharing-61506 /iadc-presses-ahead-on-esg-training-and-information-sharing-61506#respond Wed, 03 Nov 2021 16:31:15 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=61506 From Jason McFarland, IADC President The past year has been an exciting one at IADC, and I am enthusiastic about the good work our members continue to put in. Although in-person industry events have not returned to full capacity, that has not stopped our members from collaborating. Whether it’s spotlighting safety accomplishments in Nigeria, advocating …

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]]> /iadc-presses-ahead-on-esg-training-and-information-sharing-61506/feed 0 61506 Environment, Social and Governance /environment-social-and-governance-54-61523 /environment-social-and-governance-54-61523#respond Wed, 03 Nov 2021 16:31:15 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=61523 New drilling emissions reporting tool aims to accelerate oilfield decarbonization RigCLOUD recently released its Drilling Emissions Reports, designed to help users optimize engine utilization and reduce their carbon footprint. The tool is available to both drillers and operators. The tool provides accurate and reliable data on fuel consumption, greenhouse gas emissions, CO2 per foot drilled, …

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]]> /environment-social-and-governance-54-61523/feed 0 61523 Wirelines /wirelines-83-61531 /wirelines-83-61531#respond Wed, 03 Nov 2021 16:31:14 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=61531 BOEM to hold Lease Sale 257 on 17 November, including 15,000+ blocks in GOM The US Bureau of Ocean Energy Management (BOEM) announced on 30 September that it will hold an oil and gas lease sale for the Gulf of Mexico on 17 November, in compliance with an order from a US District Court. Lease …

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]]> /wirelines-83-61531/feed 0 61531 Drilling & Completion Tech Digest /drilling-completion-tech-digest-54-61520 /drilling-completion-tech-digest-54-61520#respond Wed, 03 Nov 2021 16:31:13 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=61520 Nabors drills first well from fully automated land rig Nabors Industries announced its PACE-R801 – which the company is calling the industry’s first fully automated land drilling rig – has reached total depth on its first well, a horizontal well for ExxonMobil in the Permian Basin. XTO Energy, a subsidiary of ExxonMobil, contracted the rig …

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