December 2006 ///
Characterizing the state of the industry in 2006 is akin to characterizing someone whose biorhythm cycles are out of sync.
It is difficult to expect the oil and gas market to get much better.
Field development expenditures heading toward about $8.5 billion by year end.
The 2006 midterm elections are now behind us.
This is not the first time we have run out of oil. It is more like the fifth.
The most important variable that drives our industry is oil prices.
For most E&P companies, 2006 has been a very good year.
An energy industry in a people crisis.
The year, 2006, has been very good for E&P, as activity indicators hit 21-year highs. Yet, there are real concerns about gas prices, personnel shortages and escalating costs.
As described by an independent and its service company partner, experience in New Mexico shows that this method is cost-effective and, in some cases, cheaper than using pits.
Microseismic imaging performed during three hydraulic fracturing treatments in shallow wells confirmed some common beliefs but also prompted more questions that require further testing.
With some solvents banned, and different regulations applying in various countries, several different methodologies have surfaced as replacements.
A significant number of developments are coming out of recent workshops, research and regulations affecting seismic acquisition and marine animal protection.
Before selecting the right watercut monitor for the job, operators need to be aware of the application parameters that will affect monitor performance.
KCA Deutag’s new T-208 rig is built for Europe’s demanding environmental standards.
Vol. 227 No. 12 New rig designs Chinese land rig uses ac drawworks Last year, SPA China National Petroleum Corp mobilize
Schramm’s recently-introduced Telemast tower system has been a success on two Rotadrill rig models and is now being moved up to the next size drilling rig, the TXD, for deeper drilling capabilities.
Vol. 227 No. 12 New rig designs Walking jackup works nearshore For conventional jackups, substandard weather can mean co
The combination of 90% rig utilization rates offshore and the forced retirement of rigs built 30 years ago has spawned a resurgence in newbuilds not seen since the late 1970s.
Offshore, newbuilds reflect strong market outside the GOM
Vol. 227 No. 12 Newbuild report TABL
GE Transportation’s 1,500 hp AC drilling motors provide torque and speed for the toughest drilling applications.
The automated safety concept of DrillTec’s vertical drilling rig, VDD
370.2, has been successfully certified by the German TÜV SÜD Industrie Service GmbH
Tesco’s Casing Drive System (CDS), originally developed with casing drilling in mind, offers numerous advantages to any casing-running operation.
A 5-year-old drilling waste management operation employing a M-I SWACO Verti-G cuttings dryer has recovered some $4.5 million worth of commercial grade oil in Algeria’s Sahara Desert.
Petron Industries Inc. presents new technology with its Distributed Drilling Data (3D) Instrumentation System that embraces the drilling rig’s total workflow.
The Secure Drilling Micro-Flux Control System is a closed-loop system that collects and analyzes commonly available drilling data to detect well kicks or loss of circulation
Wirth GmbH, has field-tested and proven the Dual Brake System (DBS) for use on standard rotary drilling rigs.
When the world’s two largest semisubmersible rigs, Aker H6 design, come in to operation in 2008, they will be equipped with the biggest mud pumps ever installed on one rig.
Drilling offshore in deep water poses unique challenges over drilling on land or from a jackup fixed to the seafloor in relatively shallow water.
The newly engineered, hydraulic, motor-driven Logan 85-t Power Swivel provides smooth, shock-free torque to reduce drillstring damage.
Outreach Ltd launched its new OSB250 Elevating Work Platform, purposely designed for use within the drilling derrick on offshore installations.
US Oil Tools’ RoughNeck family is a rugged and safe device used to make and break connections on the drillfloor without the use of manual tongs and crews.
Ellis Williams Engineering Co. has developed and manufactured a pair of 2,200 hp mud pumps for offshore and land rig applications.
This special section of World Oil focuses on the latest advancements in rig design, as well as recent innovations in equipment and tools for working on and around the rig floor.
Here and there, little drilling advances are made
Someone forgot the drillbit
IEA's World Energy Outlook 2006 has significant methodology flaws
New surfactant could “pep up" brown fields; Deepwater optical net coming
Methane hydrates offshore India; Noteworthy finds
News & Resources
Acquisitions, mergers, ventures and other company news
OPEC crude oil production averaged 29.4 million bpd in October, down 0.16 million bpd from September
New product and service offerings from company press releases.
Personnel changes and promotions in the petroleum industry
International news from the oil and gas industry.