2025 Archives - 三昇体育 /2025 Get the latest oil drilling news with 三昇体育 Thu, 24 Apr 2025 17:25:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 202015461 With a focus on collaboration, everything else becomes possible /with-a-focus-on-collaboration-everything-else-becomes-possible-72694 /with-a-focus-on-collaboration-everything-else-becomes-possible-72694#respond Wed, 23 Apr 2025 21:59:08 +0000 /?p=72694 By Kevin Neveu, 2025 IADC Chairman We use the word “collaboration” a lot in this industry — and perhaps more often than even just a few years ago — but are we truly optimizing collaboration? As drilling contractors, our crews operate huge, unique, capital-intensive drilling rigs every day. Those crews, from the most experienced rig …

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]]> /with-a-focus-on-collaboration-everything-else-becomes-possible-72694/feed 0 72694 OMV draws on decades of oil, gas drilling experience for Vienna鈥檚 1st geothermal plant /omv-draws-on-decades-of-oil-gas-drilling-experience-for-viennas-1st-geothermal-plant-72696 /omv-draws-on-decades-of-oil-gas-drilling-experience-for-viennas-1st-geothermal-plant-72696#respond Wed, 23 Apr 2025 21:59:08 +0000 /?p=72696 By Linda Hsieh, Editor & Publisher In the city of Vienna, Austria – known the world over for its beautiful architecture and cultural landmarks – drilling is now ongoing as part of efforts to build the city’s first deep geothermal plant. On 27 March, I joined several dozen attendees of the inaugural IADC Geothermal Drilling …

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]]> /omv-draws-on-decades-of-oil-gas-drilling-experience-for-viennas-1st-geothermal-plant-72696/feed 0 72696 Strategic upgrades likely to sustain offshore rig fleet in foreseeable future /strategic-upgrades-likely-to-sustain-offshore-rig-fleet-in-foreseeable-future-72704 /strategic-upgrades-likely-to-sustain-offshore-rig-fleet-in-foreseeable-future-72704#respond Wed, 23 Apr 2025 21:59:07 +0000 /?p=72704 By Stephen Whitfield, Senior Editor The combination of strong oil demand and high oil prices during the offshore drilling upcycle in the early 2010s spurred a wave of orders for newbuild rigs, particularly for high-spec jackups and deepwater and ultra-deepwater floaters. Then, when oil prices collapsed following the 2014 downturn, the market became oversaturated. Many …

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]]> /strategic-upgrades-likely-to-sustain-offshore-rig-fleet-in-foreseeable-future-72704/feed 0 72704 Drilling & Completion News /drilling-completion-news-76-72733 /drilling-completion-news-76-72733#respond Wed, 23 Apr 2025 21:59:07 +0000 /?p=72733 New contract for VALARIS DS-10 in West Africa Valaris was awarded a two-year contract offshore West Africa for the VALARIS DS-10 drillship that is expected to commence in late Q2 or Q3 2026. The total contract value for the firm term is $352 million and does not include the provision of additional services. The contract …

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]]> /drilling-completion-news-76-72733/feed 0 72733 Offshore drilling evolves with closed-loop controls, MPD, vibration mitigation /offshore-drilling-evolves-with-closed-loop-controls-mpd-vibration-mitigation-72721 /offshore-drilling-evolves-with-closed-loop-controls-mpd-vibration-mitigation-72721#respond Wed, 23 Apr 2025 21:59:06 +0000 /?p=72721 By Stephen Whitfield, Senior Editor Digitalization and automation have become critical developments in offshore drilling in recent years, as OEMs work with operators and drillers to develop technologies that can improve rig operations. But even as digital software and apps are taking greater precedence in the tech space, advanced hardware and their associated systems are …

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]]> /offshore-drilling-evolves-with-closed-loop-controls-mpd-vibration-mitigation-72721/feed 0 72721 Automated fluids monitoring helping to unlock value and efficiency in deepwater drilling /automated-fluids-monitoring-helping-to-unlock-value-and-efficiency-in-deepwater-drilling-72727 /automated-fluids-monitoring-helping-to-unlock-value-and-efficiency-in-deepwater-drilling-72727#respond Wed, 23 Apr 2025 21:59:06 +0000 /?p=72727 By Jon Bartholomew and Charles Thompson Jr, Baker Hughes The pace of deepwater exploration and production has advanced significantly in the past few decades, driven by the growing global demand for hydrocarbons and dwindling onshore and shallow-water reserves. However, developing deepwater subsea reservoirs is a high-cost, high-risk and lengthy process, necessitating technological advancements to ensure …

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]]> /automated-fluids-monitoring-helping-to-unlock-value-and-efficiency-in-deepwater-drilling-72727/feed 0 72727 Alternative, optimized rig power systems among key ingredients to drilling emissions reductions /alternative-optimized-rig-power-systems-among-key-ingredients-to-drilling-emissions-reductions-72729 /alternative-optimized-rig-power-systems-among-key-ingredients-to-drilling-emissions-reductions-72729#respond Wed, 23 Apr 2025 21:59:06 +0000 /?p=72729 By Stephen Whitfield, Senior Editor Even as the energy industry transitions into a low-carbon future, oil and gas still figures to be an important part of the energy mix. With that in mind, drilling and well competencies can and should be a catalyst to a successful green transition.  According to a panel of industry representatives …

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]]> /alternative-optimized-rig-power-systems-among-key-ingredients-to-drilling-emissions-reductions-72729/feed 0 72729 Drilling & Completion Tech Digest /drilling-completion-tech-digest-75-72736 /drilling-completion-tech-digest-75-72736#respond Wed, 23 Apr 2025 21:59:05 +0000 /?p=72736 Computer vision technology deployed on NCS well to automatically detect cavings, reduce pack-off risk DrillDocs, a provider of digital shale shaker surveillance technology, recently utilized computer vision technology to automatically detect cavings on the Norwegian Continental Shelf for the first time. Working with Aker BP, DrillDocs’ CleanSight technology was deployed on the Noble Integrator while …

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]]> /drilling-completion-tech-digest-75-72736/feed 0 72736 Environment, Social & Governance /environment-social-governance-9-72745 /environment-social-governance-9-72745#respond Wed, 23 Apr 2025 21:59:05 +0000 /?p=72745 BP cuts Scope 1, 2 emissions by 38% against baseline In its 2024 Sustainability Report, BP noted that it had achieved a 38% reduction in combined Scope 1 and 2 emissions compared with the 2019 baseline. This surpassed the company’s 2025 target of a 20% reduction. However, compared against 2023, BP saw increased Scope 1 …

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]]> /environment-social-governance-9-72745/feed 0 72745 Oil & Gas Markets /oil-gas-markets-20-72750 /oil-gas-markets-20-72750#respond Wed, 23 Apr 2025 21:59:05 +0000 /?p=72750 Deferred P&A could add billions to UK decom costs Analysis by Westwood Global Energy Group shows that timing uncertainty around decommissioning is driving up financial and operational risks for operators. Political and fiscal uncertainty has impacted investor confidence in the UK, which is accelerating the decline of domestic production. As a result, $26 billion could …

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