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IADD News

The International Academy of Directional drilling announces a re-formatted Fundamentals in Directional Drilling Class. This class has been compressed to two days and will focus solely on Directional Drilling examples, problems and solutions. The cost is also reduced to $2950, but in recognition of the current state of the industry it is being offered at a price of $1450.  

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U.S. Rig Count is up 19 rigs from last week to 876, with oil rigs up 21 to 659, gas rigs down 2 to 216, and miscellaneous rigs unchanged at 1. 

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It is often said that the 'young ones' who are set to inherit the field are all too inexperienced and lack practical tutoring to fill the roles of the 'great crew change' yet time and again it seems firms are reluctant or downright against investing in their people. This has been made all the worse with the current 'low' oil price where the default reaction seems to have been the usual slash and burn of training and development, shedding of 'expensive' old hands and cutting back on conferences, field trips etc.

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W-Technology Link is an Engineering/Manufacturing company based in Houston, Texas specializing in the design and development of rotatable connectors and down-hole components for the upstream oil and gas industry. We deliver innovative products, specifically tailored solutions and customer support in the area of rotary connectors, centralizers and MWD/Wireline components. W-Technology Link combines quality design and operational agility to offer best-in-class services to our customers. Known for our team’s innovative mindset and extensive knowledge covering the applications of our products, our engineering and design team collaborates with customers to develop cost-effective solutions that push the limits of what is possible. 

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 Argentina and China are continuing to lead the global hunt for shale gas as countries outside of the US chase new oil and gas resources, according to a report by the US Energy Information Administration.

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 US shale companies have increased the number of rigs in the field for the first time in nearly seven months when oil prices were trading around $70 per barrel, compared to under $60 per barrel in the current market.

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 See Anadarko's Steve Bosworth's Chairman's message.

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 Cathedral Energy Services is a trusted partner to North American energy companies requiring high performance directional drilling services and dependable flowback and production testing services. Since 1998, Cathedral has worked in collaboration with our customers to tailor our equipment and expertise to meet their specific geographical and technical needs resulting in accurate wellbore placement, enhanced drilling efficiencies and lower project costs.

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 The US Environmental Protection Agency (EPA) has released a draft assessment of the potential impacts of fracking on drinking water.
The research, commissioned by Congress, has shown that fracking in the US has not led to any “widespread” or “systemic” impacts on drinking water resources, but warned that there are “potential vulnerabilities” in the water cycle that could, if not properly managed, impact on drinking water.

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 Ohio’s shale industry is continuing to grow and production reached an all-time high, despite a curb in growth and prolonged lower prices, according to data from the Ohio Department of Natural Resources.

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