{"id":69617,"date":"2024-07-11T08:34:53","date_gmt":"2024-07-11T13:34:53","guid":{"rendered":"https:\/\/drillingcontractor.org\/?page_id=69617"},"modified":"2024-07-11T08:38:09","modified_gmt":"2024-07-11T13:38:09","slug":"july-august-2024","status":"publish","type":"page","link":"https:\/\/drillingcontractor.org\/dc-archive\/july-august-2024","title":{"rendered":"July\/August 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\/reader\/2024\/07\/index.html\">Click here!<\/a><\/th>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/drillingcontractor.org\/reader\/2024\/07\/index.html\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/drillingcontractor.org\/wp-content\/uploads\/2024\/07\/DR-Hero-JA24-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>Digital Transformation<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=69611\"> <strong>AI and emerging gen AI technologies set to unlock new frontiers in drilling<\/strong><\/a><br \/>\n<em>Industry starting to test the waters with technologies like generative AI to help &lsquo;democratize&rsquo; data access, drive smarter decision making<\/em><br \/>\n<em>By Stephen Whitfield, Senior Editor<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=69603\"> <strong>Automation initiatives show untapped potential in drilling optimization<\/strong><\/a><br \/>\n<em>Machine learning models, automated connections among projects highlighting gains that can still be made in drilling performance<\/em><br \/>\n<em>By Stephen Whitfield, Senior Editor<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=69586\"> <strong>Repsol&rsquo;s InWell.ai leverages data analytics, AI to enhance drilling, prevent major downtime events<\/strong><\/a><br \/>\n<em>By Javier Rey, Repsol<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=69476\"> <strong>eDrilling kicks off ambitious R&amp;D project leveraging agentic AI to develop a &lsquo;drilling agent&rsquo;<\/strong><\/a><br \/>\n<em>By Jessica Whiteside, Contributor<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=69503\"> <strong>AI-enabled large language model speeds up wells data retrieval &ndash; but must be used with care<\/strong><\/a><br \/>\n<em>By Jessica Whiteside, Contributor<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=69573\"> <strong>Speech recognition technology adapted for high-accuracy detection of drillstring breakover<\/strong><\/a><br \/>\n<em>By Stephen Forrester, Contributor<\/em><\/td>\n<\/tr>\n<tr>\n<th>Advances in Completion Technologies<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=69547\"> <strong>Completion-based velocity string solutions can help extend life of gas wells, maximize recovery<\/strong><\/a><br \/>\n<em>By Simon Leiper, Viking completion technology<\/em><\/td>\n<\/tr>\n<tr>\n<th>IADC Connection<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=69564\"><strong>2023 ISP report shows marked improvements in LTI, recordable rates despite rise in manhours <\/strong><\/a><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=69461\"><strong>From the Chairman: Advocating for the drilling industry with a unified voice on C.A.R.E.S.<\/strong><\/a><br \/>\n<em>By Brad James, IADC Chairman<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=69520\"><strong>News Cuttings<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69520#nc1\"><strong>IADC SAPC highlights mental health, safety winners<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69520#nc2\"><strong>Scholarships added to IADC Student Chapter Program <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69520#nc3\"><strong>2nd annual DrillersPAC 3-gun shoot set for October <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69520#nc4\"><strong>Lamberto Nonno recognized for exemplary service <\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=69525\"><strong>Wirelines<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69525#w1\"><strong>NSTA urges more investments in emissions reduction at annual Tier Zero meeting<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69525#w2\"><strong>LLOG and SLB win NOIA&rsquo;s 2024 Safety in Seas awards<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69525#w3\"><strong>IADC joins IMO Maritime Safety Committee meeting<\/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=69459\"><strong>Drilling Ahead: Ongoing projects showcase how AI can be leveraged within drilling<\/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=69488\"><strong> D&amp;C News<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69488#DCN1\"><strong>New Zealand moves to reverse oil and gas exploration ban instituted in 2018 <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69488#DCN2\"><strong>Seadrill drillships win contracts in South Korea, US Gulf<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69488#DCN3\"><strong>Vista adds rig to accelerate Vaca Muerta development <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69488#DCN4\"><strong>Chevron takes 80% interest in offshore Namibia license <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69488#DCN5\"><strong>Petronas discovery in Suriname Block 52 estimated to approach 400 million bbl<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69488#DCN6\"><strong>Noble Resilient, Noble Resolve jackups win contracts for well intervention, P&amp;A <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69488#DCN7\"><strong>Cooperation allows first oil from Eldfisk North to be achieved ahead of schedule <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69488#DCN8\"><strong>Woodside&rsquo;s first oil from Sangomar Field marks offshore milestone for Senegal <\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=69494\"><strong>D&amp;C Tech Digest<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69494#DCTD1\"><strong>Survey: Process optimization, predictive maintenance among data-driven innovations having top impact<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69494#DCTD2\"><strong>Middle East project sees Halliburton completing 12 zones in a single well <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69494#DCTD3\"><strong>Australian 5-well subsea batch campaign marks milestone for SeaCure <\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=69499\"><strong>News Briefs: Environmental, Social and Governance<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69499#esg1\"><strong>Noble spearheads simulation exercise to better understand well control associated with CO<sub>2<\/sub> drilling <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69499#esg2\"><strong>DNV report: China shows impressive renewables growth but will likely continue to rely on imports for oil and gas <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69499#esg3\"><strong>Equinor gets green light to develop 2 new North Sea CO<sub>2<\/sub> storage licenses <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69499#esg4\"><strong>Robert Gordon University issues report urging action to help UK achieve &lsquo;just and fair&rsquo; transition by 2030 <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69499#esg5\"><strong>Open Group launches draft standard to communicate, manage emissions data <\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=69516\"><strong>Oil &amp; Gas Markets<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69516#ogmar1\"><strong>More private investment needed to meet expanding energy demand in Mexico<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69516#ogmar2\"><strong>Equinor issues new report forecasting global energy trends through 2050&nbsp; <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69516#ogmar3\"><strong>Wood Mackenzie: European gas storage levels could hit 100% by end of September amid low demand <\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=69595\"><strong>People, Companies and Products<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69595#ppl1\"><strong>Noble announces acquisition of Diamond Offshore<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69595#ppl2\"><strong>Crew Hawk set for deployment on Middle East jackup<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69595#ppl3\"><strong>Odfjell to supply tubular-running services to COSL <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69595#ppl4\"><strong>Baker Hughes, Petrobras sign multi-year contract <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69595#ppl5\"><strong>BP simplifies structure, makes executive changes <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69595#ppl6\"><strong>ADNOC extends contract with Vallourec for 2 years <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69595#ppl7\"><strong>ADNOC Drilling secures $1.7 billion contract <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69595#ppl8\"><strong>Nabors announces new name for Surface Services <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69595#ppl9\"><strong>SLB deals aim to electrify subsea wells on Buzios field <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69595#ppl10\"><strong>Fortress expands with 4 locations across US markets <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69595#ppl11\"><strong>Expro acquires Coretrax <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69595#ppl12\"><strong>IFS to buy Copperleaf <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69595#ppl13\"><strong>Saeed joins Westerton Access in Middle East <\/strong><\/a><\/li>\n<\/ul>\n<p><em> Products<\/em><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69595#prods1\"><strong>CO<sub>2<\/sub>LINK streamlines CO<sub>2<\/sub> injection, storage processes<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69595#prods2\"><strong>New fluid end design enhances maintenance of GDEP&rsquo;s 800HDD pump<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=69595#prods3\"><strong>Single-sack cement allows for easier storage, mixing<\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=69592\"><strong>Perspectives: Mardonildo Filho, Ventura Offshore &ndash; Attracting young talent will be critical for industry growth<\/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. Digital Transformation AI and emerging gen AI technologies set to unlock new &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-69617","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>July\/August 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\/july-august-2024\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"July\/August 2024 - 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