Having established itself as the largest independent provider of onshore drilling services in Russia, Eurasia Drilling Company is now looking to have a bigger say in the developing CIS offshore market. David Morgan reports.Eurasia Drilling Company's…
Integrating several imaging and modeling technologies can reduce exploration risk. Ian Bryant (Schlumberger) and Paul Xu (formerly of Ipex) present an integrated basin and petroleum system study that predicted many oil and gas accumulations in a relatively unexplored region offshore Brazil…
National Oilwell Varco is acquiring California-based fiberglass pipe manufacturer Ameron International in a deal valued at approximately $772 million. Subject to Ameron shareholder approval, the transaction could close as early as the fourth quarter…
Andrew McBarnet detects a rebuilding of industry confidence in marine controlled source electromagnetic surveys after a troubled period for the operators of the technology.It is now almost exactly 10 years since a somewhat historic scientific…
The name Petrobras these days invokes thoughts of large, pre-salt discoveries, for good reason. Since announcing the Tupi pre-salt find in 2006, the Brazilian operator has made giant strides in developing and refining the technology needed to find and produce the oil hiding beneath the salt layer…
Rowan Companies is selling all its shares in manufacturing subsidiary LeTourneau Technologies to Joy Global in a $1.1 billion cash deal. Rowan acquired LeTourneau, which built the majority of Rowan's jackup rig fleet, in 1994. Rowan president…
As an indicator of the health of the oil & gas industry, attendance at May's Offshore Technology Conference in Houston suggests that recovery from the global recession is well underway. OE looks back over some of the sights and sounds of OTC 2011…
Technology and concerns about staffing took center stage at last month's SPE/IADC Drilling exhibition & conference in Amsterdam. Jennifer Pallanich listened in as companies discussed how to remain competitive. Hint: it's mostly the people.One…
Integrated approachIn the works for some time, Halliburton's Optimized Drilling Performance (ODP) approach is aimed at improving drilling efficiency and saving drilling time. ‘We've evolved this workflow over a few years,' said Jeremy ‘Jez' Greenwood…
A shortage of experienced geoscientists and petroleum engineers will delay projects and could push operators to take more risks, according to a survey released 29 March 2011.The labor market for mid-career petrotechnical professionals ‘will be tight over the next three years…
Andrew McBarnet reviews the implications of a new report on the value proposition of E&P data and how it is managed.To get the most mileage out of any personal achievement, it is always better if the recognition comes from a third party. This…
Reservoir isolation rethinkThe newly patented PowerBall from Aberdeen-based Red Spider turns traditional reservoir isolation barrier technology on its head by moving the mechanical parts of the ball mechanism below the closed ball area of the tool…
Andrew McBarnet weighs up the value of research in the E&P marine geoscience sector and draws some surprising conclusions.We hear a great deal about the hard to find oil which needs to be discovered if the world's supply needs are to be met in the coming decades before…
Russell McCulley reviews recent developments and talking points in the offshore communications arena.Florida-based Harris Corporation followed its summer 2010, $525 million acquisition of CapRock Communications with the purchase of Schlumberger's Global Connectivity Services (GCS) in November…
The overhaul of the reservoir model of the giant Forties oilfield – from data management to full field simulation – is described here by operator Apache North Sea’s Jeffery Pyle and Schlumberger’s Gordy Shanor.Production from the Forties field began in 1975…
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