{"id":66923,"date":"2023-10-31T18:02:28","date_gmt":"2023-10-31T23:02:28","guid":{"rendered":"https:\/\/drillingcontractor.org\/?page_id=66923"},"modified":"2025-04-22T12:57:50","modified_gmt":"2025-04-22T17:57:50","slug":"november-december-2023","status":"publish","type":"page","link":"https:\/\/drillingcontractor.org\/dc-archive\/november-december-2023","title":{"rendered":"November\/December 2023"},"content":{"rendered":"<div class=\"whtTbl\">\n<table>\n<tbody>\n<tr>\n<th align=\"left\">Looking for the Digital Reader version of this issue? <a href=\"https:\/\/drillingcontractor.org\/wp-content\/uploads\/2023\/10\/turnco-1123.html\">Click here!<\/a><\/th>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/drillingcontractor.org\/wp-content\/uploads\/2023\/10\/turnco-1123.html\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/drillingcontractor.org\/wp-content\/uploads\/2023\/10\/DR-Hero-ND23-web.png\" alt=\"Digital Reader edition\" width=\"300\" height=\"179\" align=\"right\"><\/a><em>DC<\/em>&#8216;s Digital Reader is a faithful recreation of the printed magazine, in digital form! Digital Reader can be viewed on an iPad or Android tablet, and\/or your Windows or Mac OSX computer.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div class=\"whtTbl\">\n<table>\n<tbody>\n<tr>\n<th>2024 Drilling Outlook<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66718\"> <strong>Rising demand, leaner rig fleet set stage for tighter offshore markets in 2024<\/strong><\/a><br \/>\n<em>Utilization and dayrates both forecast to edge up next year, driven by floater demand in Golden Triangle and jackup demand in Middle East<\/em><br \/>\n<em>By Stephen Whitfield, Associate Editor<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66700\"> <strong>Onshore drilling to stay flat in 2024, but rosier outlook is on the horizon<\/strong><\/a><br \/>\n<em>Activity will mostly hold steady next year while operators wait for more takeaway capacity in markets like US, Canada and Argentina<\/em><br \/>\n<em>By Stephen Whitfield, Associate Editor<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66805\"><strong>Despite energy security focus, market to be defined by need for low-cost, low-emissions barrels<\/strong><\/a><br \/>\n<em>By Stephen Whitfield, Associate Editor<\/em><\/td>\n<\/tr>\n<tr>\n<th>Drilling Markets &amp; Leadership<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66623\"><strong>Deepwater revival is under way but needs rethinking of talent, technology and capital strategies <\/strong><\/a><br \/>\n<em>By Jessica Whiteside, Contributor<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66627\"><strong>Despite industry ups and downs, TotalEnergies keeps its eyes on building a sustainable future<\/strong><\/a><br \/>\n<em>By Stephen Whitfield, Associate Editor<\/em><\/td>\n<\/tr>\n<tr>\n<th>NOV Annual Rig Census<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66765\"><strong>2023 NOV census shows onshore US rig count leveling while other regions still see steady growth <\/strong><\/a><br \/>\n<em>By Tarjei &ldquo;TJ&rdquo; Myklebust, Karl Appleton and Kevin Scherm, NOV <\/em><\/td>\n<\/tr>\n<tr>\n<th>Managed Pressure Drilling<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66625\"><strong>IADC&rsquo;s new Riser Gas Handling Guidelines set to enhance safety of deepwater drilling operations<br \/>\n<\/strong><\/a><em>By Oscar Gabaldon, Blade Energy Partners; Gavin Humphreys, Stena Drilling; Paul Sonnemann, Safekick; and Mario Teixeira, Equinor<\/em><\/td>\n<\/tr>\n<tr>\n<th>Automation and Digital Technologies<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66652\"><strong>Driller engagement, feedback essential in human-centered approach to automation design<\/strong><\/a><br \/>\n<em>By Jessica Whiteside, Contributor<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66655\"><strong>Supercapacitor-based systems show potential to cut emissions while improving power quality<\/strong><\/a><br \/>\n<em>By Jessica Whiteside, Contributor<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66661\"><strong>New GreenDrill software targets higher granularity in measuring, analyzing rig equipment emissions<\/strong><\/a><br \/>\n<em>By Stephen Whitfield, Associate Editor<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66658\"><strong>Precision leverages automation to take productivity to the next level<\/strong><\/a><br \/>\n<em>By Stephen Whitfield, Associate Editor<\/em><\/td>\n<\/tr>\n<tr>\n<th>Solids Control<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66649\"><strong>Closed-loop underbalanced coiled-tubing drilling changes sidetrack drilling landscape<\/strong><\/a><br \/>\n<em>By Olof Nilsson and Aksel Sk&aring;land, Fourphase<\/em><\/td>\n<\/tr>\n<tr>\n<th>IADC Connection<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66630\"><strong>From the President: Looking back at IADC activities in 2023 &ndash; A year of living our legacy<\/strong><\/a><br \/>\n<em>By Jason McFarland, IADC President<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66634\"><strong>IADC Year in Review: IADC presses ahead on workforce development and training, advocacy<\/strong><\/a><br \/>\n<em>By Katie Carr, Senior Coordinator &ndash; External Communications<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66671\"><strong>News Cuttings<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66671#nc1\"><strong>North Sea chapter-led taskforce addresses mental health at inaugural meeting<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66671#nc2\"><strong>IADC launches new proctor service for WellSharp Live <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66671#nc3\"><strong>Cybersecurity Committee establishes five workgroups to develop assessments <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66671#nc4\"><strong>Bakken trip lets students tour rigs, learn about life on rigs <\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66668\"><strong>Wirelines<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66668#w1\"><strong>IADC highlights inadequacies, detrimental impacts of 2024-2029 leasing program<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66668#w2\"><strong>GOM vessel restrictions would impair production, jobs<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66668#w3\"><strong>UK NSTA issues consultation on emissions reduction plan<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66668#w4\"><strong>Industry groups propose solutions to improve GHG rule<\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<th>Departments<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66632\"><strong>Drilling Ahead: Reality check &ndash; The world&rsquo;s energy transition has not really started yet<\/strong><\/a><br \/>\n<em>By Linda Hsieh, Editor &amp; Publisher<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66674\"><strong> D&amp;C News<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66674#DCN1\"><strong>Petrobras awards long-term contract to Constellation&rsquo;s deepwater semi <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66674#DCN2\"><strong>DST on Namibia&rsquo;s Venus-1X discovery shows positive results; Venus-1A soon to be tested<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66674#DCN3\"><strong>Valaris drillship and jackup secure additional work offshore Brazil, Indonesia<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66674#DCN4\"><strong>KCA Deutag wins contracts, extensions in Saudi Arabia, Oman and Pakistan <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66674#DCN5\"><strong>Studies kicked off for Suriname&rsquo;s Block 58, expected to result in FID by year-end 2024<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66674#DCN6\"><strong>2 COSL semisubmersibles win contracts from Equinor to drill offshore Norway <\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66680\"><strong>D&amp;C Tech Digest<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66680#DCTD1\"><strong>H&amp;P launches new Rig Floor Automation package to enhance consistency, safety during connections<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66680#DCTD2\"><strong>NASA validates AI-enabled alternating direct current as a &lsquo;new form of energy&rsquo; <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66680#DCTD3\"><strong>Predictive Drilling boosts ROP by 36% in Delaware Basin <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66680#DCTD4\"><strong>1,000th CX-2 bridge plug deployed for North Sea P&amp;A <\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66683\"><strong>News Briefs: Environmental, Social and Governance<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66683#esg1\"><strong>EU&rsquo;s emissions levy may set new rules of global trade <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66683#esg2\"><strong>ADNOC greenlights major carbon capture project<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66683#esg3\"><strong>APA completes conversions to drive methane reduction <\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66693\"><strong>Oil &amp; Gas Markets<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66693#ogmar1\"><strong>Lower demand could drive 20% slip in European gas prices by next summer before rebounding in 2025<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66693#ogmar2\"><strong>DNV report: In absolute terms, renewables have yet to begin replacing fossil fuels <\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66695\"><strong>People, Companies and Products<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66695#ppl1\"><strong>ExxonMobil to acquire Pioneer in $59.5 billion deal<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66695#ppl2\"><strong>Precision Drilling set to expand its fleet with CWC acquisition<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66695#ppl3\"><strong>Kenera to equip newbuild rigs in Saudi Arabia with top drives <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66695#ppl4\"><strong>TWMA to double Middle East personnel with new contract <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66695#ppl5\"><strong>Archer to install RigFlow on nine additional platform rigs <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66695#ppl6\"><strong>Tracy Gray to head up strategy, marketing at IWS <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66695#ppl7\"><strong>New director adds to Enteq&rsquo;s Middle East expertise <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66695#ppl8\"><strong>Erwin Wieckowski appointed to lead Bosch Rexroth <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66695#ppl9\"><strong>ADNOC signs deals to boost local manufacturing <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66695#ppl10\"><strong>PetroVisor set to be deployed across Origem Energia assets <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66695#ppl11\"><strong>Kongsberg, Ankeri to partner on vessel monitoring app <\/strong><\/a><\/li>\n<\/ul>\n<p><em> Products<\/em><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66695#prods1\"><strong>Rolls-Royce offers mobile, EPA-certified gas power system<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66695#prods2\"><strong>Completion tool provides expanded functions, reliable anchoring<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66695#prods3\"><strong>GDEP inspection program aims to reduce downtime at frac sites<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66695#prods4\"><strong>Ikon Science advances pore pressure prediction capabilities<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66695#prods5\"><strong>Halliburton releases new completions, telemetry tools<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66695#prods6\"><strong>Downhole model supports training for geothermal<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=66695#prods7\"><strong>Helly Hansen introduces new work gear for winter<\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=66664\"><strong>Perspectives: Kristina Mays, Transocean &ndash; Being a proactive corporate citizen is an essential part of ESG work<\/strong><\/a><br \/>\n<em> By Stephen Whitfield, Associate Editor<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Looking for the Digital Reader version of this issue? Click here! DC&#8216;s Digital Reader is a faithful recreation of the printed magazine, in digital form! Digital Reader can be viewed on an iPad or Android tablet, and\/or your Windows or Mac OSX computer. 2024 Drilling Outlook Rising demand, leaner rig fleet set stage for tighter &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":62,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-66923","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>November\/December 2023 - Drilling Contractor<\/title>\n<meta name=\"description\" content=\"Get oil and gas drilling news, videos, ebooks &amp; more with the official magazine for the International Association of Drilling Contractors...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/drillingcontractor.org\/dc-archive\/november-december-2023\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"November\/December 2023 - 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