PRESS RELEASES
World Oil Awards Winners Announced
Fifteen Winning Companies Receive Top Honors at Global Petroleum Event
HOUSTON, TEXAS – 15 October 2010 - World Oil® magazine announced the fifteen winners of the 2010 World Oil Awards at the ninth annual black-tie gala dinner last night in Houston, Texas. The event, attended by close to 300 industry leaders, benefited a university that offers a program leading to careers in the petroleum industry.
Dr. Ali Dogru of Saudi Aramco won the Innovative Thinkers Award for his forward thinking and his involvement in the game changing technology, GIGAPowers™. Baker Hughes Incorporated was recognized in the Best Drilling Technology award for their Steerable Drilling Liner (SDL) which combines the advantages of rotary steerable drilling technology with the liner drilling method. Boots & Coots, A Halliburton Service won the award for Best Completion Technology Award for its PowerReach™ System provides the ability to perform well stimulation and remedial operations in long horizontal wellbores without the limitations of small OD coiled tubing units. Both Baker Hughes Incorporated and Weatherford International walked away with the Best Deepwater Technology Award for the first time there was an undeniable tie. Baker Hughes for their SureFlo™ 298Ex Fullbore Downhole Flow Meter and Weatherford for the Model 7875 Below Tension Ring Rotating Control Device. Schlumberger was awarded the New Horizons Idea Award for the Ocean Software Development Framework which accelerates the development and deployment of innovative software solutions. Just to highlight a few of the outstanding fifteen winners this year.
“The World Oil Awards represents our industry’s recognition of the importance of technological innovation, which is increasingly critical to develop new resources,” John Royall, President and CEO of Gulf Publishing says. “The oil and gas industry has met new challenges through innovation and technology with the aim of serving the world’s energy needs. Our industry continues to drill deeper, deal with higher temperatures and pressures, to explore and develop fields in deeper water, in the arctic, and in tight shale formations, which, until only recently, were not accessible. The 9th year for the awards recognizes the past year’s outstanding achievements.”
The complete list of winners at the 2010 World Oil Awards is:
1. Best Completion Technology Award – PowerReach™ System, Boots & Coots, A Halliburton Service
2. Best Data Management & Application Solution Award – SAHALA Web Portal, E&P Information Management Team, Kuwait Oil Company
3. Best Deepwater Technology Award – SureFlo™ 298Ex Fullbore Downhole Flow Meter, Baker Hughes Incorporated
4. Best Deepwater Technology Award – Model 7875 Below Tension Ring Rotating Control Device, Weatherford International Ltd.
5. Best Drilling Technology Award – Steerable Drilling Liner (SDL), Baker Hughes Incorporated
6. Best Drilling, Completions and Production Fluids Award – The Evolution™ Drilling Fluid System, Newpark Drilling Fluids, LLC
7. Best Exploration Technology Award – GeoTap® IDS, Halliburton Sperry Drilling
8. Best Health, Safety, Environment/ Sustainable Development Award – Peterhead Eco-Centre™, Baker Hughes Incorporated
9. Innovative Thinker Award – Ali Dogru, Saudi Aramco
10. New Horizons Idea Award – Ocean Software Development Framework, Schlumberger
11. Next Generation Award – Bernard McCoy Jr., FMC Technologies
12. Best Outreach Program Award – Oilfield Helping Hands, Oilfield Helping Hands
13. Best Production Technology Award – Equalizer Select Inflow Control Device with Multitasking Valve Technology, Baker Hughes Incorporated
14. Best Visualization & Collaboration Award – DecisionSpace® Desktop Software, Halliburton- Landmark Software and Services
15. Best Well Intervention Award – Platelet Technology, Brinker Technology
The 2010 World Oil Awards benefited the University of Alaska Fairbanks Petroleum Engineering Department. This program garnered hundreds of submissions from points around the globe. A third-party Advisory Board, comprised of eleven senior industry executives and academics and The Next Generation Committee, comprised of nine up-and-coming leaders in the petroleum industry, all of which judged the short list of nominees.
The 2010 World Oil Awards were generously sponsored by Baker Hughes, Halliburton, Superior Well Services, Schlumberger and Saudi Aramco.
World Oil ® magazine, the leading oil and gas trade journal for the exploration, drilling and production sector, has a worldwide circulation of 35,000 readers. Gulf Publishing Company has published World Oil for over 90 years. Additional information on the World Oil Awards program can be found at www.Awards.WorldOil.com.
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Press Contact:
Hadley McClellan
Director of Events
Gulf Publishing Company
Phone: 713 520 4475
Hadley.McClellan@GulfPub.com