{"id":68848,"date":"2024-04-23T12:24:32","date_gmt":"2024-04-23T17:24:32","guid":{"rendered":"https:\/\/drillingcontractor.org\/?page_id=68848"},"modified":"2024-04-23T12:40:48","modified_gmt":"2024-04-23T17:40:48","slug":"may-june-2024","status":"publish","type":"page","link":"https:\/\/drillingcontractor.org\/dc-archive\/may-june-2024","title":{"rendered":"May\/June 2024"},"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\/2024\/04\/taqa-0524.html\">Click here!<\/a><\/th>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/drillingcontractor.org\/wp-content\/uploads\/2024\/04\/taqa-0524.html\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/drillingcontractor.org\/wp-content\/uploads\/2024\/04\/DR-Hero-MJ24-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>Offshore Technologies and Markets<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=68811\"> <strong>Technology advances see offshore drilling firmly move to the digital realm        <\/strong><\/a><br \/>\n\t  <em>Industry pursues increased efficiencies through real-time KPI tracking, fuel consumption monitoring and a rig-specific digital twin<\/em><br \/>\n\t  <em>By Stephen Whitfield, Senior Editor<\/em><\/td>\n<\/tr>\n<tr>\n<th>ROP Optimization<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=68773\"> <strong>Holistic approach to ROP balances speed with tool reliability, quality of well         <\/strong><\/a><br \/>\n\t  <em>Drilling contractors deploying technologies that prioritize mitigation of downhole dysfunctions and ability to stay in hole for longer<\/em><br \/>\n\t  <em>By Stephen Whitfield, Senior Editor<\/em><\/td>\n<\/tr>\n<tr>\n<th>Market Update: Drilling in Africa<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=68730\"> <strong>Drilling activity, rig demand on the rise across Africa amid deepwater exploration successes<\/strong><\/a><br \/>\n\t  <em>By Linda Hsieh, Editor and Publisher<\/em><\/td>\n<\/tr>\n<tr>\n<th>Geothermal Drilling<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=68735\"><strong>Well classification system under development at recently formed IADC Geothermal Committee <\/strong><\/a><br \/>\n  <em>By Stephen Whitfield, Senior Editor<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=68726\"><strong>NOV applies downhole expertise from oil and gas drilling to drive innovations for geothermal<\/strong><\/a><br \/>\n  <em>By Alexis Garcia, Danny Perez, Michael Adams and Jessica Stump, NOV<\/em><\/td>\n<\/tr>\n<tr>\n<th>Drilling Conference<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=68722\"><strong>Industry shifting from blame to learning by applying human and organizational performance <\/strong><\/a><br \/>\n  <em>By Jessica Whiteside, Contributor<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=68740\"><strong>Marcellus project demonstrates potential to power land rig using fuel with up to 20% hydrogen<\/strong><\/a><br \/>\n  <em>By Stephen Whitfield, Senior Editor<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=68732\"><strong>Industry leaders cite innovation, collaboration as key ingredients to maximize asset performance<\/strong><\/a><br \/>\n  <em>By Stephen Whitfield, Senior Editor<\/em><\/td>\n<\/tr>\n<tr>\n<th>IADC Connection<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=68705\"><strong>From the President: The power of teamwork at IADC &ndash; fostering unity and collective action<\/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=68711\"><strong>News Cuttings<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68711#nc1\"><strong>IADC North Sea Chapter Safety Awards honor members for best in performance<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68711#nc2\"><strong>IADC Student Chapters tour Valaris semisubmersible <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68711#nc3\"><strong>Southeast Asia Chapter presents Safety Awards <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68711#nc4\"><strong>UTP Student Chapter holds 4-day IADC Drilling Week <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68711#nc5\"><strong>New IADC Student Chapters established in Texas, Algeria <\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=68719\"><strong>Wirelines<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68719#w1\"><strong>IADC DrillersPAC steps up advocacy at luncheon with Congressman Wesley Hunt<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68719#w2\"><strong>SEC stays climate disclosure rule pending judicial review<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68719#w3\"><strong>API, US energy groups oppose proposed methane fee rule<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68719#w4\"><strong>BOEM announces areas under consideration for future GOM lease sales<\/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=68703\"><strong>Drilling Ahead: Companies can drive success, add value by embracing neurodiversity<\/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=68685\"><strong> D&amp;C News<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68685#DCN1\"><strong>Production kicks off on ADNOC&rsquo;s Belbazem block <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68685#DCN2\"><strong>Analyses ongoing for new exploration well in Austria<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68685#DCN3\"><strong>Tyra hub producing again in Danish North Sea following multi-year redevelopment <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68685#DCN4\"><strong>Deepwater Asgard contract extended for 1 year in GOM <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68685#DCN5\"><strong>Noble rigs win additional work in Norway, Philippines<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68685#DCN6\"><strong>Agreement reached on Equatorial Guinea&rsquo;s Block EG-23 <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68685#DCN7\"><strong>Successful appraisal completed on PEL 83 in Namibia&rsquo;s Orange Basin <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68685#DCN8\"><strong>Bluefin marks another discovery for ExxonMobil on Guyana&rsquo;s Stabroek block <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68685#DCN9\"><strong>Bohai Sea yields major new oil discovery for CNOOC <\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=68691\"><strong>D&amp;C Tech Digest<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68691#DCTD1\"><strong>OTC recognizes Spotlight on New Technology winners<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68691#DCTD2\"><strong>Parker, TDE partnership aims to commercialize high-bandwidth drill pipe technology<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68691#DCTD3\"><strong>Magnus RSS, MPD enable safe drilling of reservoir section in one run in Kuwait  <\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=68724\"><strong>News Briefs: Environmental, Social and Governance<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68724#esg1\"><strong>Report urges hydrogen exporters, developers to consider emissions scope from full value chain <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68724#esg2\"><strong>NSTA launches new plan for emissions reductions from North Sea oil and gas assets <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68724#esg3\"><strong>TotalEnergies reports 34% reduction in its Scope 1+2 emissions from operated oil\/gas facilities since 2015  <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68724#esg4\"><strong>Technology allows BP to step up flares emission tracking  <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68724#esg5\"><strong>Studies look at how existing infrastructure can be used to transport hydrogen  <\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=68707\"><strong>Oil &amp; Gas Markets<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68707#ogmar1\"><strong>Natural gas ranked No. 1 for providing clean, reliable and affordable electricity<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68707#ogmar2\"><strong>Upstream FIDs expected to increase this year, with focus on deepwater resources <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68707#ogmar3\"><strong>Survey finds growing concerns around ROIs for transition-related investments <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68707#ogmar4\"><strong>Study advocates for energy security policies focusing on demand-side solutions <\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=68715\"><strong>People, Companies and Products<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68715#ppl1\"><strong>Dril-Quip, Innovex Downhole announce merger<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68715#ppl2\"><strong>SLB inks deals for ChampionX, carbon capture business<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68715#ppl3\"><strong>Equinor orders remote-controlled completion systems <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68715#ppl4\"><strong>New acquisition boosts Bishop Lifting&rsquo;s footprint       <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68715#ppl5\"><strong>AGR wins consultancy work with Norway&rsquo;s Petoro   <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68715#ppl6\"><strong>Turnco expands with acquisition of Drill Spec   <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68715#ppl7\"><strong>APA Corp acquires Callon, updates executive team     <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68715#ppl8\"><strong>Talos announces divestiture of its entire CCS business      <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68715#ppl9\"><strong>Chevron invests in carbon capture tech company    <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68715#ppl10\"><strong>Neo Oiltools names CEO <\/strong><\/a><\/li>\n<\/ul>\n<p><em> Products<\/em><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68715#prods1\"><strong>Ultrasonic sensors achieve accurate measurements of CO2 during gas flaring<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68715#prods2\"><strong>BatteryStar hoist designed to offer  power, portability<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68715#prods3\"><strong>New diverter optimizes casing running speeds<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68715#prods4\"><strong>Quick-opening closure improves reliability<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=68715#prods5\"><strong>Cases allow safe transport of lithium-ion batteries<\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=68830\"><strong>Perspectives: Ryan Smallwood, Patterson-UTI &ndash; Passion for service drives work to improve drilling safety<\/strong><\/a><br \/>\n<em> By Stephen Whitfield, Senior 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. Offshore Technologies and Markets Technology advances see offshore drilling firmly move to &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-68848","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>May\/June 2024 - 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\/may-june-2024\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"May\/June 2024 - 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