January/February Archives - Èý•NÌåÓý /2021/januaryfebruary-2021 Get the latest oil drilling news with Èý•NÌåÓý Wed, 09 Feb 2022 20:23:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 202015461 News cuttings /news-cuttings-76-58983 /news-cuttings-76-58983#respond Tue, 19 Jan 2021 21:58:29 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=58983 Precision’s Kevin Neveu named 2020 IADC Contractor of the Year Kevin Neveu, Precision Drilling President and CEO, was named the 2020 IADC Contractor of the Year in November. Mr Neveu served as IADC Chairman in 2019. A key initiative during his term was the expansion of IADC’s student chapters. He also led the association to …

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]]> /news-cuttings-76-58983/feed 0 58983 Wirelines /wirelines-78-58994 /wirelines-78-58994#respond Tue, 19 Jan 2021 21:58:24 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=58994 BOEM holds lease sale 256, proposes new sale for March The US Bureau of Ocean Management (BOEM) announced that region-wide Gulf of Mexico Lease Sale 256, held 18 November, generated $120,868,274 in high bids for 93 tracts covering 517,733 acres in federal waters of the Gulf of Mexico. A total of 23 companies participated in …

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]]> /wirelines-78-58994/feed 0 58994 Facing a glum market outlook, offshore drilling contractors must embrace bold thinking to survive /facing-a-glum-market-outlook-offshore-drilling-contractors-must-embrace-bold-thinking-to-survive-59010 /facing-a-glum-market-outlook-offshore-drilling-contractors-must-embrace-bold-thinking-to-survive-59010#respond Tue, 19 Jan 2021 21:58:21 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=59010 Noble’s Robert Eifler: Automation, digitalization, and collaboration between operators and contractors offer best opportunities for performance improvement By Stephen Whitfield, Associate Editor Robert Eifler is President and CEO of Noble Corp.  Looking across your entire rig fleet, what do you see as the biggest challenges that you face as a drilling contractor? Certainly, 2020 was …

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]]> /facing-a-glum-market-outlook-offshore-drilling-contractors-must-embrace-bold-thinking-to-survive-59010/feed 0 59010 Remote operating centers leverage smart tools, automation to boost efficiency, facilitate collaboration /remote-operating-centers-leverage-smart-tools-automation-to-boost-efficiency-facilitate-collaboration-58948 /remote-operating-centers-leverage-smart-tools-automation-to-boost-efficiency-facilitate-collaboration-58948#respond Tue, 19 Jan 2021 21:58:17 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=58948 Industry continues efforts to advance remote technologies to improve drilling, geosteering and wireline operations, unlock greater efficiencies from the rig site By Stephen Whitfield, Associate Editor As the oil and gas industry navigates difficult economic terrain and seeks systems for improving efficiencies, remote systems and real-time operating centers (RTOCs) may be at the center of a …

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]]> /remote-operating-centers-leverage-smart-tools-automation-to-boost-efficiency-facilitate-collaboration-58948/feed 0 58948 ‘Smart evolution’ enabling efficient remote operations and better use of rig data will be the way forward /smart-evolution-enabling-efficient-remote-operations-and-better-use-of-rig-data-will-be-the-way-forward-58969 /smart-evolution-enabling-efficient-remote-operations-and-better-use-of-rig-data-will-be-the-way-forward-58969#respond Tue, 19 Jan 2021 21:57:58 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=58969 Nabors’ Miguel Sanchez: Pandemic accelerated industry’s appetite for digitalization and automation, but companies must remain disciplined with investments  By Linda Hsieh, Editor & Publisher Miguel Sanchez is Vice President of International Operations for Nabors. He also served as IADC’s Division VP International Onshore from 2019-2020. Nabors has a large international fleet operating in multiple markets …

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]]> /smart-evolution-enabling-efficient-remote-operations-and-better-use-of-rig-data-will-be-the-way-forward-58969/feed 0 58969 Workforce competency, multi-skilling will be key to success as companies seek ways to do more with less /workforce-competency-multi-skilling-will-be-key-to-success-as-companies-seek-ways-to-do-more-with-less-59023 /workforce-competency-multi-skilling-will-be-key-to-success-as-companies-seek-ways-to-do-more-with-less-59023#respond Tue, 19 Jan 2021 21:57:54 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=59023 Parker Drilling’s Sandy Esslemont: Machines, technology, data will all be critical, but step changes must also be supported by drilling crews with versatile skills By Linda Hsieh, Editor & Publisher Sandy Esslemont is President and CEO of Parker Drilling. Looking across your entire rig fleet, what do you see as the biggest challenges that you face …

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]]> /workforce-competency-multi-skilling-will-be-key-to-success-as-companies-seek-ways-to-do-more-with-less-59023/feed 0 59023 Industry consolidation could shift offshore rig supply/demand, trigger transformation in business model /industry-consolidation-could-shift-offshore-rig-supply-demand-trigger-transformation-in-business-model-58978 /industry-consolidation-could-shift-offshore-rig-supply-demand-trigger-transformation-in-business-model-58978#respond Tue, 19 Jan 2021 21:57:49 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=58978 Seadrill’s Stuart Jackson: Addressing market imbalance can encourage operators to give drillers more revenue visibility, lead to more investments in rigs, ESG By Stephen Whitfield, Associate Editor Stuart Jackson is CEO of Seadrill. The past year has been difficult for drilling contractors, to say the least. How would you gauge global market sentiment within the industry …

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]]> /industry-consolidation-could-shift-offshore-rig-supply-demand-trigger-transformation-in-business-model-58978/feed 0 58978 Industrialized processes, scale efficiencies can mitigate high cost variability of shale wells, lower risks /industrialized-processes-scale-efficiencies-can-mitigate-high-cost-variability-of-shale-wells-lower-risks-59030 /industrialized-processes-scale-efficiencies-can-mitigate-high-cost-variability-of-shale-wells-lower-risks-59030#respond Tue, 19 Jan 2021 21:57:45 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=59030 Precision Drilling’s Gene Stahl: Drilling contractors can help operators improve cost efficiency of unconventional projects through consistency, repeatability By Stephen Whitfield, Associate Editor Gene Stahl is Chief Marketing Officer at Precision Drilling. He also serves on the IADC Executive Committee. We had a difficult year in 2020 with COVID-19 and the downturn. How would you …

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]]> /industrialized-processes-scale-efficiencies-can-mitigate-high-cost-variability-of-shale-wells-lower-risks-59030/feed 0 59030 New industry-backed council aims to make energy ESG disclosures more relevant for all stakeholders /new-industry-backed-council-aims-to-make-energy-esg-disclosures-more-relevant-for-all-stakeholders-59052 /new-industry-backed-council-aims-to-make-energy-esg-disclosures-more-relevant-for-all-stakeholders-59052#respond Tue, 19 Jan 2021 21:57:38 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=59052 Group is developing disclosure framework based on metrics that are truly material to sustainability, plans Q1 launch of database and reporting guidance  By Jessica Whiteside, contributor Building a repository of environmental, social and governance (ESG) data that reflects the sustainability of companies across the energy sector is a key ambition of the Houston-based Energy ESG …

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]]> /new-industry-backed-council-aims-to-make-energy-esg-disclosures-more-relevant-for-all-stakeholders-59052/feed 0 59052 Industry must focus on ESG, find ways to rebrand itself in a changing world /industry-must-focus-on-esg-find-ways-to-rebrand-itself-in-a-changing-world-59055 /industry-must-focus-on-esg-find-ways-to-rebrand-itself-in-a-changing-world-59055#respond Tue, 19 Jan 2021 21:57:34 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=59055 I’m not quite sure where to start with this moment of reflection on 2021 and my role as Chairman for IADC.  First, it is an honor to represent drilling contractors around the world. I can assure the membership that I will endeavor to lead the association so that it continues to provide appropriate and responsible …

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