Baker Hughes delivered their third quarter results. Rigzone.com offer analysis of the 83% increase in 3Q revenue.
Baker Hughes 2010Q3 Results
November 6, 2010More wells with less rigs
November 6, 2010For those in the industry, the benefits of MWD and directional drilling are readily apparent. In the communities that we operate the value to the citizen isn’t always obvious to the local resident. This article from the Post Independent is a case in point. I am not sure that they see the difference between one well for every ten acres vs. one rig for every ten acres.
Industry Firsts for Acoustic Telemetry
October 7, 2009The XACT system is automated, solid state, and incorporates a full throughbore design. The tool can easily be operated by rig crews without the need for full-time MWD operators on location. It is capable of transmitting data from downhole to surface at over 20 baud giving it the fastest commercially available wireless update rate in the industry.
Any comment on the cost vs. conventional MWD?
North American rig activity increased last week
October 7, 2009The Oil & Gas Journal is reporting that overall rig activity increased in both Canada and the USA last week. Horizontal drilling made a slight gain, but directional drilling activity dropped by more than 5%.
The fight between mineral and surface rights in Texas
October 6, 2009One of the most frequently recited “rules” in oil and gas law is that the mineral estate is dominant to the surface estate. Although courts still give lip service to the rule, the conflicts caused by drilling in urbanized areas appear to be eroding that dominance.
more…
CAVU Resources hires Conrad E. Archer as Vice President
October 2, 2009Conrad E. Archer is known internationally for his expertise in the highly technical directional drilling arena. Mr. Archer’s vast contacts have also made available multiple Measurement While Drilling (MWD) guidance systems, Rotary Steerable Systems (RSS) and performance drilling motors (PDM) to service both current and future clients. more…
IntelliServ joint venture to expand use of high-speed drill string telemetry systems
October 2, 2009National Oilwell Varco (NYSE:NOV) and Schlumberger Limited (NYSE:SLB) announced the creation of a joint venture to provide high-speed drill string telemetry systems to improve the efficiency and safety of oil and gas operations. more…
Burgan, fabled Kuwait oil field in irreversible decline with high water cut
October 2, 2009Production from the world’s second-largest oil field may decline without the help of international oil companies. Kuwait, which produces 2.2 million bbl/day, has failed to renew agreements with several international oil companies including BP and Chevron. The Burgan, second in size only to Ghawar in Saudi Arabia, has an estimated capacity of 1.4-1.5 million bbl/day. It possibly could have been maintained for more than 10 years. Without expertise the production will decline in five years. more…
Colibrys new tilt sensor RS9003.A
September 4, 2009On September 3, 2009 Colibrys announced it’s new tilt sensor, the RS9003.A for MWD application. Colibrys press release claims that this is one of the world’s most stable full-range accelerometers while offering an extremely compact footprint.
Seismic While Drilling
September 4, 2009On August 14, the Oil and Gas Journal reported that breakthroughs in seismic while drilling (SWD) are bringing this promising technology closer to commercial viability.
In the OGJ article Seismic-While-Drilling Advance Hailed Nick Snow reports that Technology International Inc and the US Department of Energy are pushing the limits of the SeismicPulser system. In a separate article, Fred Aminzadeh of dGB-USA has also offered his analysis of the current state of SWD, and it’s potential to reduce drilling costs.
Looking back to this January 1993 article, SWD has long promised, but so far failed to deliver. Time will tell if these recent advances can deliver as promised.
