Videos – Global and Regional Markets Archives - Èý•NÌåÓý /videos-mkt Get the latest oil drilling news with Èý•NÌåÓý Wed, 22 Feb 2023 15:48:55 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 202015461 SOCAR AQS looks to grow with new land rigs, drive down well costs with expanded capabilities /socar-aqs-looks-to-grow-with-new-land-rigs-drive-down-well-costs-with-expanded-capabilities-64682 /socar-aqs-looks-to-grow-with-new-land-rigs-drive-down-well-costs-with-expanded-capabilities-64682#respond Thu, 16 Feb 2023 10:00:10 +0000 /?p=64682 SOCAR AQS, which operates approximately 12 rigs, both on land and offshore, has been focusing on identifying ways to reduce well costs for operators, including enhancing its drilling engineering and geology capabilities. Emissions reduction is another key focus, as is development of its technical workforce. Watch DC’s video with Samir Mollayev, General-Director of SOCAR AQS, …

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]]> /socar-aqs-looks-to-grow-with-new-land-rigs-drive-down-well-costs-with-expanded-capabilities-64682/feed 0 64682 SOCAR: Caspian faces new challenges, opportunities as it moves to exploring deeper waters /socar-caspian-faces-new-challenges-opportunities-as-it-moves-to-exploring-deeper-waters-64677 /socar-caspian-faces-new-challenges-opportunities-as-it-moves-to-exploring-deeper-waters-64677#respond Thu, 16 Feb 2023 07:00:09 +0000 /?p=64677 Companies in the Caspian region have always dealt with unique challenges. Its landlocked nature, for example, makes access particularly difficult for offshore drilling rigs. The area’s geology is also unique, with a young geologic basin that has a lot of unconsolidated fine sand formations. In this interview from the 2023 IADC Drilling Caspian Conference, which …

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]]> /socar-caspian-faces-new-challenges-opportunities-as-it-moves-to-exploring-deeper-waters-64677/feed 0 64677 IADC’s Southern Arabian Peninsula Chapter addresses safety, local content issues /iadcs-southern-arabian-peninsula-chapter-addresses-safety-local-content-issues-31993 /iadcs-southern-arabian-peninsula-chapter-addresses-safety-local-content-issues-31993#respond Tue, 16 Dec 2014 17:10:05 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=31993 IADC’s Southern Arabian Peninsula Chapter (SAPC) has expanded its reach in the last year with subcommittees to address regional challenges, such as competency...

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]]> /iadcs-southern-arabian-peninsula-chapter-addresses-safety-local-content-issues-31993/feed 0 31993 Independence Contract Drilling deploys 11th rig to Permian Basin /independence-contract-drilling-to-deploy-11th-rig-31839 /independence-contract-drilling-to-deploy-11th-rig-31839#respond Wed, 03 Dec 2014 12:59:23 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=31839 As the US strives to reach energy independence, Chris Menefee, Vice President of Business Development for Independence Contract Drilling (ICD), believes the land drilling business will see more opportunities for...

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]]> /independence-contract-drilling-to-deploy-11th-rig-31839/feed 0 31839 US EIA: Increase in energy demand requires 33 million bbl/day more oil /us-eia-increase-in-energy-demand-requires-33-million-bblday-more-oil-31824 /us-eia-increase-in-energy-demand-requires-33-million-bblday-more-oil-31824#respond Wed, 26 Nov 2014 15:45:12 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=31824 The world is going to need one-third more oil between 2010 and 2040, with developing countries, such as China and India, accounting for a major portion in the increase in...

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]]> /us-eia-increase-in-energy-demand-requires-33-million-bblday-more-oil-31824/feed 0 31824 PTTEP: NOCs, IOCs and service companies must combine strengths to overcome challenges /pttep-nocs-iocs-and-service-companies-must-combine-strengths-to-overcome-challenges-30850 /pttep-nocs-iocs-and-service-companies-must-combine-strengths-to-overcome-challenges-30850#respond Tue, 09 Sep 2014 20:43:30 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=30850 As assets become more mature and operations become more complex, industry is challenged with finding economical and environmentally friendly operating strategies...

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]]> /pttep-nocs-iocs-and-service-companies-must-combine-strengths-to-overcome-challenges-30850/feed 0 30850 Revitalized IADC Southeast Asia Chapter unites companies to address regional issues /revitalized-iadc-southeast-asia-chapter-unites-companies-to-address-regional-issues-30812 /revitalized-iadc-southeast-asia-chapter-unites-companies-to-address-regional-issues-30812#respond Tue, 09 Sep 2014 20:42:58 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=30812 The IADC Southeast Asia Chapter hosted its first meeting on 24 August after being dormant for more than five years. The need to address regional issues as a cohesive group…

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]]> /revitalized-iadc-southeast-asia-chapter-unites-companies-to-address-regional-issues-30812/feed 0 30812 Climate, environment challenge operations in Myanmar, Thailand /climate-environment-challenge-operations-in-myanmar-thailand-30852 /climate-environment-challenge-operations-in-myanmar-thailand-30852#respond Tue, 09 Sep 2014 20:42:31 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=30852 In Q1 this year, Myanmar awarded 20 offshore blocks – 10 shallow water and 10 deepwater. In Q4 last year, 16 land blocks were awarded. “Myanmar is probably one of the last frontier areas in the world with...

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]]> /climate-environment-challenge-operations-in-myanmar-thailand-30852/feed 0 30852 Hess SmartDrill optimization process improves ERD in North Malay Basin /hess-smartdrill-optimization-process-improves-erd-in-north-malay-basin-30808 /hess-smartdrill-optimization-process-improves-erd-in-north-malay-basin-30808#respond Tue, 09 Sep 2014 19:09:03 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=30808 Last year offshore Malaysia, Hess deployed its SmartDrill drilling optimization process for the company’s first extended-reach drilling (ERD) campaign…

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]]> /hess-smartdrill-optimization-process-improves-erd-in-north-malay-basin-30808/feed 0 30808 High-ROP bit development begins with understanding operator goals /high-rop-bit-development-begins-with-understanding-operator-goals-30810 /high-rop-bit-development-begins-with-understanding-operator-goals-30810#respond Tue, 09 Sep 2014 19:07:35 +0000 https://live-drillingcontractor-org.pantheonsite.io/?p=30810 Driven by Shell’s goal to increase ROP in the Marcellus, Ulterra developed the FastBack design platform byre-evaluating the way bits are built. The platform aligns the materials, design and manufacturing process to...

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