July/August Archives - 三昇体育 /2022/julyaugust-2022 Get the latest oil drilling news with 三昇体育 Fri, 08 Jul 2022 18:50:56 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 202015461 Inflation, lack of funding threaten industry鈥檚 recovery and upcycle /inflation-lack-of-funding-threaten-industrys-recovery-and-upcycle-63209 /inflation-lack-of-funding-threaten-industrys-recovery-and-upcycle-63209#respond Thu, 07 Jul 2022 19:54:53 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=63209 By Linda Hsieh, Editor & Publisher High prices at the gas pump in recent months have led to renewed attacks on the oil and gas industry. Accusations of greed and price gouging abound, frustrating those of us in the industry who know better. We know that, although the strong bounceback in oil prices is leading …

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]]> /inflation-lack-of-funding-threaten-industrys-recovery-and-upcycle-63209/feed 0 63209 Industry panel: Companies must embrace the challenges that will come with the energy transition /industry-panel-companies-must-embrace-the-challenges-that-will-come-with-the-energy-transition-63211 /industry-panel-companies-must-embrace-the-challenges-that-will-come-with-the-energy-transition-63211#respond Thu, 07 Jul 2022 19:54:53 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=63211 By Stephen Whitfield, Associate Editor Even while the energy transition has created a host of challenges for the oil and gas industry, operators and drilling contractors are finding that sustainability and profitability don’t have to be mutually exclusive.  “I feel like we can impact the environment and safety most with ESG. We’re working to reduce …

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]]> /industry-panel-companies-must-embrace-the-challenges-that-will-come-with-the-energy-transition-63211/feed 0 63211 Rules Engine Exchange: Patterson-UTI applies advanced real-time alerting system to drive operational excellence /rules-engine-exchange-patterson-uti-applies-advanced-real-time-alerting-system-to-drive-operational-excellence-63215 /rules-engine-exchange-patterson-uti-applies-advanced-real-time-alerting-system-to-drive-operational-excellence-63215#respond Thu, 07 Jul 2022 19:54:52 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=63215 By Trevor Olson, Patterson-UTI Drilling Company Within the past decade, many industries have found benefits in harnessing and utilizing data for optimizing operations. The drilling industry is currently at the forefront of this trend and is finding an increasing number of applications for data to drive drilling performance. With data coming from drilling contractors, third-party …

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]]> /rules-engine-exchange-patterson-uti-applies-advanced-real-time-alerting-system-to-drive-operational-excellence-63215/feed 0 63215 Industry may need to look to startups to unlock new potential for tech innovation /industry-may-need-to-look-to-startups-to-unlock-new-potential-for-tech-innovation-63227 /industry-may-need-to-look-to-startups-to-unlock-new-potential-for-tech-innovation-63227#respond Thu, 07 Jul 2022 19:54:52 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=63227 By Stephen Forrester, Contributor Much of the innovation in the oil and gas industry has been the result of organizationally driven development. Looking at products and technologies used throughout the industry, inventions have arguably been driven by the service sector. Yet, not all innovation comes from within the service sector, nor from operators themselves. In …

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]]> /industry-may-need-to-look-to-startups-to-unlock-new-potential-for-tech-innovation-63227/feed 0 63227 Advancing the energy transition requires collaboration, cash and Star Trek-level thinking /advancing-the-energy-transition-requires-collaboration-cash-and-star-trek-level-thinking-63232 /advancing-the-energy-transition-requires-collaboration-cash-and-star-trek-level-thinking-63232#respond Thu, 07 Jul 2022 19:54:52 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=63232 By Jessica Whiteside, Contributor Thomas Henry, COO of energy technology accelerator Eunike Ventures, puts the weight of his 33 years in the energy sector behind this advice for startups seeking funds to propel them from concept to commercialization: Avoid “death by ramen noodles.” This is not dietary advice for startups and their investors. Rather, it …

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]]> /advancing-the-energy-transition-requires-collaboration-cash-and-star-trek-level-thinking-63232/feed 0 63232 Software goes beyond graphs to offer virtual reality presentation of drilling data visualizations /software-goes-beyond-graphs-to-offer-virtual-reality-presentation-of-drilling-data-visualizations-63235 /software-goes-beyond-graphs-to-offer-virtual-reality-presentation-of-drilling-data-visualizations-63235#respond Thu, 07 Jul 2022 19:54:52 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=63235 By Stephen Whitfield, Associate Editor Real-time monitoring of a well’s operational parameters and trajectory can help operators mitigate risk and improve the well’s performance. Most current monitoring software programs present data primarily in a graphical format, as track plots. However, adding an interactive or immersive visualization component would help operators and drillers better understand the …

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]]> /software-goes-beyond-graphs-to-offer-virtual-reality-presentation-of-drilling-data-visualizations-63235/feed 0 63235 Wirelines /wirelines-87-63239 /wirelines-87-63239#respond Thu, 07 Jul 2022 19:54:52 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=63239 API releases policy plan for boosting US production On 14 June, API released the “10 in 2022 Plan” to combat high energy costs in the US and fuel economic recovery. It calls on policymakers to make these policy changes: Lift development restrictions on federal lands and waters; Designate critical energy infrastructure projects to support the production, …

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]]> /wirelines-87-63239/feed 0 63239 Drilling & Completion News /drilling-completion-news-59-63264 /drilling-completion-news-59-63264#respond Thu, 07 Jul 2022 19:54:51 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=63264 Fajr-8 well tested, commences production in Egypt Apex International Energy announced that the Fajr-8 development well was tested at a daily rate of 2,440 bbl of oil and negligible water. The well encountered 98 ft of high-quality oil pay in sandstone of the Bahariya formation. The well was connected to production facilities and opened for …

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]]> /drilling-completion-news-59-63264/feed 0 63264 Drilling & Completion Tech Digest /drilling-completion-tech-digest-58-63268 /drilling-completion-tech-digest-58-63268#respond Thu, 07 Jul 2022 19:54:51 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=63268 Coretrax system expands 27,000 ft of tubulars across 3 wells in Utica Basin Coretrax has completed a record-breaking project in the Utica Basin for a major gas operator, using its ReLine Expandable Technology. The company deployed the ReLineMNS system across three wells and expanded a total of more than 27,000 ft of tubulars across the campaign. …

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]]> /drilling-completion-tech-digest-58-63268/feed 0 63268 News Cuttings /news-cuttings-85-63242 /news-cuttings-85-63242#respond Thu, 07 Jul 2022 19:54:51 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=63242 IADC, Brazil’s ABESPetro formalize collaboration At the 2022 Offshore Technology Conference on 2 May, IADC and ABESPetro, a Brazilian trade association representing oilfield service companies, signed an MOU signaling the two groups would collaborate to foster education and communication among stakeholders in Brazil’s upstream industry. The goal is to facilitate opportunities for trade among drilling …

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