Featured Articles ///

Regional report: Gulf of Mexico

Mike Slaton, Contributing Editor

Future deepwater GOM projects are less vulnerable to low oil prices. Even as the price of oil teeters around $50, the Gulf of Mexico is poised on the brink of a production boom. Repercussions of the price collapse in this offshore market depend less on how low prices go, than how long they stay there.

Dual multi-purpose tower engineered to cut ultra-deepwater well delivery costs

Dieter Wijning, Huisman

A number of drilling-the-well-on-paper (DWOP) exercises show increased tripping speeds, reduced fuel consumption by virtue of an integrated ship design, and the built-in efficiencies of the new DMPT, reducing ultra-deepwater well construction time and costs from 20% to 25% per well.

Advances in powered rotary steerable systems result in record-breaking runs

Jim Tilley, Hernando Jerez, Halliburton

A new, powered, rotary steerable system has delivered superior perfor-mance in challenging, medium and hard formations. When applied to the proper drilling environment, TMT-powered RSS improves ROP and reduces nonproductive time.

Drilling a 6-in. lateral in underbalanced conditions while ensuring effective hole cleaning

Toni Miszewski, AnTech Ltd.

Coiled tubing (CT) drilling offers an economical alternative to conventional, jointed pipe drilling when accessing mature and low-yield fields. A 40% reduction in cost can be achieved by CT’s ability to drill continuously, mobilize faster, reduce rig time, and require fewer preparations.

Featured Columns ///

Executive viewpoint

Mick Lambert

Seismic sector is still a reliable E&P market indicator

Offshore in depth

Ron Bitto

Deepwater Horizon, five years later

Industry at a Glance ///

U.S. Rotary Drilling Rigs
International Rotary Drilling Rigs

Data courtesy of Baker Hughes.

Daily Oil & Gas Prices

Market data is delayed and provided by Barchart.

Oil Production

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TechTalk ///More TechTalk

Connecting marketers to the World Oil audience What is this?

World Oil TechTalk allows marketers to connect directly with the World Oil audience by enabling them to create content and participate in the conversation on the World Oil website. Each TechTalk article is produced by the marketer. More on TechTalk here.

The emergence of Canadian gas divestments

Over the last two years, we’ve seen a marked increase in the number of gas divestments taking place in Canada’s oil and gas sector.