Houston-based Halliburton announced it will separately market for sale the company’s fixed cutter and roller cone drill bits, directional drilling and logging-while-drilling (LWD), measurement-while-drilling (MWD) businesses. The announcement…
Italian ship designer and builder Fincantieri will today (26 March) outline its new drillship design, Proxima. Proxima is a new ultra deepwater drillship capable of drilling to 50,000ft total depth in water depth down to 12,000ft. The…
LUKOIL-Nizhnevolzhskneft established a new world record in horizontal drilling with a significant bottom displacement. Well No. 108, drilled from an offshore ice-resistant stationary platform at Yuri Korchagin field in the Caspian Sea, went down 4908m in the 9…
Resonance enhanced drilling could help speed up drilling time and efficiency. Elaine Maslin reports. Professor Marian Wiercigroch with the vertical RED full scale experimental rig. Images from the University of Aberdeen…
ExxonMobil's subsidiary Esso Australia has started a five-well drilling campaign at the Turrum field as part of its ongoing investment in Bass Strait to develop new gas supplies. The AU$335 million investment in drilling four gas wells and one oil well follows the start-up of the $4…
OE spoke with experts from Halliburton, Hess and Weatherford to answer the question: “What have been the top achievements in drilling technology in the last five years?” Hess Corp. List provided by Dr…
Tercel Oilfield Products released its new premium series Roller Cone Drill Bits. Tercel’s premium bearing roller cone bit line has precision machined bearing races that are matched to provide the optimum fit and finish for extended operations…
Smith Bits, a Schlumberger company, introduced StingBlade, a conical diamond element bit. StingBlade bits increase run length and rate of penetration (ROP) while delivering improved steering response in directional applications. “In…
Jerry Lee discusses new and improved drill bit designs and technologies with several leading companies. Rising energy demand has resulted in the need to reach reserves in more complex formations. The more complex the formation, the more…
Claudio Paschoa discusses Stinger conical diamond technology with João Pedro Tocantins, Senior Product Engineer from Schlumberger’s Smith Bits. The CDE, centrally placed in a PDC drill bit cutting structure…
In October, Newpark Drilling Fluids named Phil Vollands president of North America. Vollands is focused on growing the business and positioning Newpark Drilling Fluids as the leader in water-based fluid technology. Vollands has plenty of industry experience…
Schlumberger announced the launch of the PowerDrive Orbit rotary steerable system (RSS). The new RSS expands the operating envelope of rotary steerable technology by extending system life, delivering precise directional control, and increasing drilling efficiency…
BlueFire Equipment Corp rolled out its new premium steel bit line. The product will be available alongside the matrix PDC bits, and offers the opportunity of more cost savings for its customers. “During the process of developing our first made-to-order product for the international sector…
Sandvik has reached an agreement to acquire Varel International Energy Services Inc. for approximately US$740 million. The closing of the acquisition is subject to standard regulatory approvals and certain environmental due dilligence. Varel…
Baker Hughes Inc. announced the availability of its StayCool™ multidimensional cutter, which helps operators drill to total depth faster and more cost effectively by extending cutter life and footage per run. Used exclusively on the Hughes…
