Drilling advances ///

With more rigs forced to take sabbaticals, and media attention fixated on cost-cutting (read: shedding as many jobs as possible), drilling efficiency of late seems to receive all the play of the kid riding the bench during a game that has become terribly lopsided. Sure, the kid has made tremendous contributions, but that was in yesterday’s game. To even the score a bit, organizers of June’s IADC Drilling Engineering Committee (DEC) Technology Forum, in Houston, put drilling efficiency front-and-center with eclectic, and largely peer-reviewed, presentations focusing on established and emerging technologies. They were all aimed at illustrating, as a Weatherford engineer pointed out, how “even marginal increases in drilling efficiency can lead to significant savings in field development cost.”

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