Drilling advances ///

From September 2 – 5, Rio de Janeiro’s huge Riocentro complex was the site of the 17th World Petroleum Congress (WPC), last held in Calgary in 2000. An interesting new, recently patented development introduces the concept of a new type of top drive featuring a special ring shape. Lehman Brothers’ Drilling Permit Monthly says drilling permits for the 30 states it monitors decreased by 6.0% during August, from the July count, adjusted for comparable numbers of filing days.

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