Bits News

 

Deepwater ... in the North Sea?

Aug 19, 2019

Once upon a time, many a year ago, the North Sea was seen as a new deepwater exploration frontier. Some may be surprised that it still is.Back in the 1960s, compared with the shallow waters of the Gulf of Mexico where drillers first got their feet wet…

Drilling Innovation Projects Get a Boost

Aug 14, 2019

A group of projects worth more than £1.3 million ($1.6 million) aims to develop new innovative technologies for use in offshore drilling operations.With the help of £640,000 ($772,000) in co-funding from the Oil & Gas Innovation Center (OGIC)…

The Working Diamond

Jun 21, 2019

An industry that operates in some of the harshest environments in the world sometimes needs to call on the toughest material for wear parts.Enter the industrial diamond, discovered in the 1950s. Synthetic diamondcan tolerate abrasive, high-temperature…

Equinor E&P: Testing Frontier Resolve

May 13, 2019

The stately Norwegian operator’s foray into South Australian offshore and Norway’s remote areas is being contested by increasingly successful green groups.A first installment of Norwegian operator Equinor’s plans to drill and develop oil reserves…

Halliburton Releases Intelligent Drill Bit

Nov 02, 2018

Halliburton Company has released Cerebro in-bit sensor package, a new technology that obtains performance data directly from the drill bit and analyzes it to optimize cutter engagement, reduce uncertainty and increase drilling efficiency.According to a company press release…

Blackstone Energy Partners Acquires Ulterra Drilling Technologies

Oct 24, 2018

Blackstone Energy Partners announced today that it has entered into binding agreements to acquire a controlling, majority interest in Ulterra Drilling Technologies from affiliates of American Securities LLC.  American Securities and certain…

Halliburton launches Geometrix shaped cutters

Dec 12, 2017

Halliburton has released the Geometrix 4D shaped cutters, a line of four distinct geometric profiles to help improve cutting efficiency and increase control to reduce drilling costs.  “The launch of Geometrix cutters demonstrates our…

Halliburton unveils high-speed telemetry services

Nov 13, 2017

Halliburton business Sperry Drilling announced today (13 November) the release of JetPulse high-speed telemetry service, which provides consistent, high-data rate transmission of drilling and formation evaluation measurements. This new telemetry…

Security threat

Oct 01, 2017

A new report by Deloitte sheds light on a new vulnerability within oil and gas – cyber-attacks. Elaine Maslin reports. Image from iStock. The oil and gas industry is often accused of being behind the times…

Varel partners with university on drill bit development

Jul 28, 2017

Varel UK has signed a collaborative project with the University of Aberdeen to design and develop a new drill bit, which addresses the unique challenges of drilling in Resonance Enhanced Drilling (RED) mode.   Resonance Enhanced Drilling…

Schlumberger sees offshore FID activity

Jul 24, 2017

Oilfield giant schlumberger has revealed a slew of new contacts including a deal to supply equipment to the Leviathan field, offshore Israel, and to perform ocean bottom survey work on BP's Clair Ridge field, west of Shetland, UK.  The…

Managing stick-slip

Jun 01, 2017

Mats Andersen, Stephen Forrester, and Andrew Creegan, of NOV, discuss how to overcome potentially damaging stick-slip issues and improve drilling performance rates. Figure 1 – The SoftSpeed II…

High-temperature target

May 01, 2017

Jerry Lee examines how Schlumberger’s PowerDrive ICE ultraHT RSS enabled Pemex to drill a high temperature well in Mexico’s shallow Sureste Basin. The proprietary electronics in the PowerDrive…

Sapetro farms into Fatala prospect off Guinea

Mar 31, 2017

Nigerian-based South Atlantic Petroleum (Sapetro) and Houston-based Hyperdynamics have agreed to a farmout, allowing Sapetro to pick up 50% participating interest in the production sharing contract covering the deepwater Fatala turbidite fan prospect…

T H Hill unveils BITS

Mar 17, 2017

T H Hill Associates has introduced a new drilling standard in the DS-1 group: the Bit Inspection Technical Standard (BITS), which provides inspection procedures and acceptance criteria for fixed-cutter bits, including PDC, diamond, coring…

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