Universities show their wares at Offshore Technology Conference
Major U.S. and overseas schools have been sharing with attendees to the Offshore Technology Conference in Houston research and development projects they are involved in that relate to industry subjects. More »
New blowout preventer mandates coming — but companies won’t have to comply overnight
Federal regulators are on track to propose new standards for boosting the reliability and performance of emergency devices safeguarding offshore wells later this year — but that doesn’t mean the industry will have to comply overnight. More »
Interior secretary to oil industry: Don’t throw regulators under the bus
During a closed-door meeting with oil industry leaders on the sidelines of the Offshore Technology Conference, Interior Secretary Sally Jewell pleaded for cooperation and a little understanding, as federal drilling regulators aim to keep pace with rapidly evolving technology.
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Technology monitors riser stress in real time
At the Offshore Technology Conference on Wednesday, Dan Kluk, a mechanical and systems engineer at Houston-based Stress Engineering Services, offered a paper on a real-time riser fatigue monitoring system that has been tested in deep waters. More »
Pushing reservoir limits through technology key for BP
Each day of drilling a deepwater well can cost an oil and gas operator $1 million or more, and costs are adding up for the offshore industry. So, maximizing the returns from the reservoirs that feed those undersea wells has become more important. More »
Well plugging and abandoning costs will continue to add up, engineer says
As more wells are drilled around the world in search of new sources of oil and gas, technology and collaboration between contractors will be key to plugging and abandoning those wells in a cost-effective and safe manner, a Schlumberger official said Monday. More »
Opposition to Icahn’s Transocean dividend proposal grows
Another independent shareholder advocacy group has come out against billionaire investor Carl Icahn’s proposal for Swiss drilling contractor Transocean to issue a $4-a-share dividend. More »
Feds launch test of Helix offshore spill containment system
In deep Gulf of Mexico waters on Tuesday, federal regulators and the oil industry launched a drill meant to test whether emergency equipment and first responders are ready to tackle an out-of-control subsea well. More »
Bill would force feds to sell drilling leases off Virginia coast
The Obama administration would be forced to sell offshore drilling leases off the coast of Virginia under a bill introduced in the House on Friday. More »
House bill would codify Gulf of Mexico drilling deal
Lawmakers took a modest step Thursday toward enacting a one-year-old agreement between the United States and Mexico that promises to unleash oil drilling along the nations’ maritime boundary in the Gulf. More »
Feds add teeth to offshore drilling safety mandates
Federal regulators finalized a plan designed to boost the safety of offshore drilling on Thursday, by insisting that workers have the power to halt dangerous activity and requiring third-party audits of risk management programs. More »
Feds: All companies should heed Arctic drilling lessons
Federal regulators have focused scrutiny on Shell’s Arctic drilling program, but top Obama administration officials say ConocoPhillips and other companies planning to search for oil in the same area better be paying attention. More »
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