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…
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…
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…
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…
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 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…
Baker Hughes has released its TerrAdapt adaptive drill bit, which can deliver dramatic improvements in drilling economics by using automation to mitigate downhole dysfunctions that cause inefficient drilling and costly tool failures. With self-adjusting depth-of-cut (DOC) control elements…
Hyperdynamics is changing things up at its Fatala-1 well, offshore the Republic of Guinea, just days after finalizing a drillship for the prospect. The Pacific Scirocco, from Pacific Drilling. Hyperdynamics…
Hyperdynamics Corp. has entered into a US$4.5 million master service agreement (MSA) with oilfield services giant Schlumberger to provide drilling services for the Fatala-1 deepwater exploration well planned for Q2 2017, offshore the Republic of Guinea…
Materia, a catalyst and advanced polymer developer and manufacturer, has introduced Proxima thermoset resins for applications in subsea thermal insulation, subsea buoyancy, and for downhole tools. Proxima HTI resins for high temperature…
A new company focused on the plugging and abandonment of wells in the North Sea’s decommissioning sector has been set up by three oil and gas industry veterans. Aberdeen-based Well Decom has been launched to help companies manage costs…
Baker Hughes says it expects to make some US$500 million annual savings by the end of 2016, as part of measures it is taking following the collapse of its proposed $34.6 billion merger with Halliburton. The initial phase of the cost reduction…
Smith Bits, a Schlumberger company, has released the AxeBlade ridged diamond element bit, which incorporates new-geometry Axe ridged diamond elements across the bit face. AxeBlade bits are designed to improve rate of penetration (ROP) in…
Energy analysts Douglas Westwood say the oilfield services market has seen a 39% drop in capex in the last year, with North American expenditure falling the hardest, at 55%. The group, discussing its World Oilfield Services Market Forecast…
Despite the massive cut backs the industry is facing, including cuts to exploration programs, drill bits continued to spin in 2015. Elaine Maslin reports. Atwood Achiever. Photo from Atwood Oceanics…
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