While oil rig companies can improve safety and maintenance standards, the U.S. government has taken stronger measures to prevent such disasters. The main method they have used is enforcing heavy financial penalties. For example, following theDeepwater Horizonoil spill, they had to pay $5.5 billio...
We look at the problem as partly ‘tier 1,’ the algorithms that work on data from a single rig and ‘tier 2’ applications that work across multiple rigs. At the T2/datacenter level we do need a big data solution so that all rigs can share data and equipment vendors can learn from ...
world debt levels, rising violence, infrastructure corrosion, pollution and waste, decline of technical expertise due to FF worker retirement, rig shortages, continuing overpopulation... on and on, it all feeds back into the overall effectiveness of detritus energy extraction. An ...
O’Leary is Bakersfield sales manager for California Production Services, a 49-year-old family business that is the state’s biggest well-servicing company. A typical job for his firm, he said, would be to repair or replace a well’s “sucker rod,” which might fail as it moves up and...
Top: Rig count in Saudi Arabia from Baker Hughes. Bottom: Average production index constructed from five estimates of Saudi Arabian oil production, Jan 1995-Feb 2007, together with OPEC quotas at the time, together with OPEC quota. Click to enlarge. Source: US EIA International Petroleum Monthly...
7 Feb 2025 :Shell chooses Noble rig for drilling job in Americas(offshore-energy.biz). 7 Feb 2025 :US crude oil inventories up by 2.1% for week ending Jan. 31(aa.com.tr). 7 Feb 2025 :Saudi oil service company plans to participate in major projects...(azerbaycan24.com). ...
ARTICLE: Shell Oil Must Pay $153.6 Mln Award to Union Carbide: 17 June 2012 Some years ago extensive documentary evidence was brought to the attention of Malcolm Brinded above, when he was Chairman of Shell UK, proving beyond any doubt that Shell executives had conspired to rig a tender fo...
Samnejad M, Gharib Shirangi M, Ettehadi R (2020) A digital twin of drilling fluids rheology for real-time rig operations . https://doi.org/10.4043/30738-MS Sebtosheikh MA, Salehi A (2015) Lithology prediction by support vector classifiers using inverted seismic attributes data and petrophysic...
The 1,609 oil rig count in October 2014 was an all time high for oil rigs. That record is valid only back to the days when Baker Hughes began separate stats for oil and gas rigs however. Eagle Ford oil rigs currently stand at 136, down from a high 214 in April 2014. Gas rig ...
7 Feb 2025 :Shell chooses Noble rig for drilling job in Americas(offshore-energy.biz). 7 Feb 2025 :US crude oil inventories up by 2.1% for week ending Jan. 31(aa.com.tr). 7 Feb 2025 :Saudi oil service company plans to participate in major projects...(azerbaycan24.com). ...