Statoil terminated its contract with Diamond Offshore Drilling's mid-water semisubmersible the Ocean Vanguard eight months ahead of schedule, the Houston-based shipowner announced on 4 June 2014. Statoil's Communication Manager Ørjan…
Pemex has contracted with Houston-based Diamond Offshore Drilling Inc. for an additional semisubmersible drilling rig, according to DODI's fleet status report issued yesterday. The Ocean Ambassador semisub, built in 1975, is rated to work in 1100ft water depth…
Diamond Offshore Drilling, Inc. appointed Marc Edwards as president and CEO, and as a member of the board of directors, effective 3 Mar 2014. Edwards succeeds Lawrence Dickerson, who announced his intent to retire in September 2013 after almost 30 years of continuous service to the company…
Cobalt International Energy has made two discoveries at its Lontra #1 and Mavinga #1 deepwater Pre-salt exploratory wells offshore Angola. On Block 20, the Lontra #1 well confirmed an oil and gas discovery. Further evaluation, including a drill stem test…
Fairmount Marine’s tug Fairmount Summit has delivered the semisubmersible rig Ocean Valiant safely in the port of Las Palmas, Canary Islands. Fairmount Summit towed the rig from offshore Cameroon over a distance of almost 3000 miles. The…
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…
Diamond Offshore Drilling, Inc. has announced that Lawrence R. Dickerson, President and Chief Executive Officer, has decided to retire after more than 30 years of service. 'I have had the pleasure of knowing and working with Larry for the past 25 years…
Hardide Coatings (stand 4D148) has developed an innovative coating to extend the life and improve the performance of drilling tools operating in extremely abrasive environments. This is the first successful high performance coating for TSP…
Smith Bits, a Schlumberger company, released the ONYX 360° rolling polycrystalline diamond compact (PDC) cutter. This technology enables a PDC cutter to rotate 360° while drilling, improving drillbit durability in abrasive formations and extending drillbit life and footage drilled per run…
Carrolton, Texas,-based Varel International l a u n c h e d i t s Katana-series steel body polycrystalline diamond compact (PDC) drill bits. Varel’s PDC Product Manager Cary Maurstad describes the line as a definitive enhancement for the company’s fixed cutter…
Salamander Energy made a gas discovery at its North Kendang-1 exploration well inside the South East Sangatta PSC off Indonesia. The company’s initial test results point to wet gas. Pressure data indicates a potentially significant column height…
Smith Bits, a Schlumberger company, introduced the Stinger conical diamond technology last month. The bit features an ultrathick polycrystalline diamond layer that is thicker than conventional PDC cutters. The Stinger element enables high-point loading to fracture rock more efficiently…
Salamander Energy has made a potential gas discovery at its North Kendang-1 exploration well inside the South East Sangatta PSC, the company announced on 11 April 2013.Ocean General (Image: Diamond Offshore)Drilling operations were suspended at the well after encountering high pressure gas…
Salamander Energy found oil and gas pay at its South Kecapi-1 DIR/ST exploration well in the Botang PSC in the North Kutei basin off Indonesia. The well found a combined 40m of net oil and gas pay in high-quality, stacked, Pliocene channel sandstones…
The last few months have been busy ones for Varel International. The Texas-based drill bit manufacturer celebrated the opening of its Houston technology center and also launched two drill bit lines, the Raider and the Voyager series…