{"id":70692,"date":"2024-10-22T17:06:36","date_gmt":"2024-10-22T22:06:36","guid":{"rendered":"https:\/\/drillingcontractor.org\/?page_id=70692"},"modified":"2024-12-04T11:33:08","modified_gmt":"2024-12-04T17:33:08","slug":"november-december-2024","status":"publish","type":"page","link":"https:\/\/drillingcontractor.org\/dc-archive\/november-december-2024","title":{"rendered":"November\/December 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\/11\/index.html\">Click here!<\/a><\/th>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/drillingcontractor.org\/reader\/2024\/11\/index.html\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/drillingcontractor.org\/wp-content\/uploads\/2024\/10\/DR-Hero-ND24-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>2025 Drilling Outlook<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=70665\"> <strong>Steady but flat outlook forecast for the global onshore market in 2025<\/strong><\/a><br \/>\n<em>Rig and well counts set to rise slightly, but E&amp;Ps&rsquo; spending caution, continued M&amp;A activity and OPEC+ cuts will likely limit growth<\/em><br \/>\n<em>By Stephen Whitfield, Senior Editor<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=70636\"> <strong>Post-downturn offshore upcycle shows stability heading into next year<\/strong><\/a><br \/>\n<em>Growth in activity set to level off, but utilization will remain healthy as drilling contractors refrain from adding new rigs to market<\/em><br \/>\n<em>By Stephen Whitfield, Senior Editor<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=70547\"> <strong>Push\/pull dynamic with rig efficiency and pricing likely to lead to stagnation in dayrates<\/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=70530\"> <strong>Capital starting to flow back to E&amp;P sector as companies keep focus on shareholder value<\/strong><\/a><br \/>\n<em>By Stephen Whitfield, Senior Editor<\/em><\/td>\n<\/tr>\n<tr>\n<th>Innovations in Well Control<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=70612\"> <strong>Engineering, simulator testing help to integrate automated well control into rig control system <\/strong><\/a><br \/>\n<em>By Bryan Atchison, Safe Influx, and Fraser Dunphy, Finesse Control Systems <\/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=70629\"> <strong>2024 NOV census shows US onshore is leveling out overall while offshore is still growing <\/strong><\/a><br \/>\n<em>By Tarjei &ldquo;TJ&rdquo; Myklebust and Karl Appleton, NOV <\/em><\/td>\n<\/tr>\n<tr>\n<th>Advances in Subsea Intervention<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=70536\"> <strong>Innovative configuration helps industry tap into the potential of riserless intervention systems <\/strong><\/a><br \/>\n<em>By Manesh Sonawane and Ben Toleman, 2H Offshore<\/em><\/td>\n<\/tr>\n<tr>\n<th>Innovative Business Models<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=70503\"> <strong>Alliance model helps Aker BP and its partners adapt to market volatility, stay competitive<\/strong><\/a><br \/>\n<em>By Jessica Whiteside, Contributor<\/em><\/td>\n<\/tr>\n<tr>\n<th>IADC Connection<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=70513\"><strong>The IADC team: Honoring our past, celebrating our future<\/strong><\/a><br \/>\n<em>By Jason McFarland, IADC President and Katie Carr, Senior Coordinator &ndash; External Communications<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=70591\"><strong>85 years of progress: Shaping a sustainable future in drilling <\/strong><\/a><br \/>\n<em>By Brad James, 2024 IADC Chairman<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=70554\"><strong>News Cuttings<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70554#nc1\"><strong>IADC rolls out revised Standard Format Equipment List for Floating Drilling Units<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70554#nc2\"><strong>Student Chapter starts at Indian Institute of Technology <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70554#nc3\"><strong>Nigeria Chapter recognizes active ISP participants<\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=70556\"><strong>Wirelines<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70556#w1\"><strong>Industry groups appeal ruling on Biological Opinion<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70556#w2\"><strong>BSEE finalizes new safety rules for novel technologies<\/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=70549\"><strong>Drilling Ahead: Striving for &lsquo;factually complete,&rsquo; not just &lsquo;completely factual&rsquo;<\/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=70558\"><strong> D&amp;C News<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70558#DCN1\"><strong>TotalEnergies takes FID for Suriname&rsquo;s Block 58<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70558#DCN2\"><strong>Petrobras awards contracts to Constellation&rsquo;s Laguna Star, Hanhwa&rsquo;s Tidal Action ultra-deepwater drillships <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70558#DCN3\"><strong>NAGA 6 completes SPS, heads for operations in Sarawak <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70558#DCN4\"><strong>New contracts, extensions boost KCA Deutag backlog <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70558#DCN5\"><strong>Northern Ocean alliance targets field development program in Ghana<\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=70561\"><strong>D&amp;C Tech Digest<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70561#DCTD1\"><strong>Baker Hughes adopts software to enable additive manufacturing at scale at its Houston facilities<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70561#DCTD2\"><strong>DrillDocs delivers real-time cuttings data to Aker BP <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70561#DCTD3\"><strong>Well monitoring system aids decom of remote assets <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70561#DCTD4\"><strong>Expanded partnership targets AI-driven solutions for the energy industry <\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=70567\"><strong>News Briefs: Environmental, Social and Governance<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70567#esg1\"><strong>Energy-related emissions to peak this year, according to DNV&rsquo;s forecast<\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=70587\"><strong>Oil &amp; Gas Markets<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70587#ogmar1\"><strong>Output set to grow from Iraq&rsquo;s upstream sector<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70587#ogmar2\"><strong>US oil and gas workforce report finds steady growth followed by stabilization<\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=70595\"><strong>People, Companies and Products<\/strong><\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70595#ppl1\"><strong>Nabors announces deal to acquire Parker Wellbore<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70595#ppl2\"><strong>Noble closes on acquisition of Diamond Offshore Drilling<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70595#ppl3\"><strong>Seadrill, Oil States to collaborate on MPD solutions <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70595#ppl4\"><strong>Baker Hughes makes changes to executive team<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70595#ppl5\"><strong>APA Corp sells off Permian assets for $950 million<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70595#ppl6\"><strong>Ingersoll Rand expands portfolio with acquisitions<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70595#ppl7\"><strong>OSP, Alpha Oil Tools announce tech alliance <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70595#ppl8\"><strong>Salunda, Intellilift partner on well construction <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70595#ppl9\"><strong>SLB, ADNOC Drilling, Patterson-UTI form JV for UAE unconventionals <\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70595#ppl10\"><strong>3t Drilling Systems set to deliver simulator to ONGC training institute<\/strong><\/a><\/li>\n<\/ul>\n<p><em> Products<\/em><\/p>\n<ul>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70595#prods1\"><strong>Perf tool provides flexibility in wireline, completions<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70595#prods2\"><strong>New analytic system designed to streamline drilling fluids management<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70595#prods3\"><strong>Well intervention tech addresses deployment challenges<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70595#prods4\"><strong>Kongsberg Digital launches digital twin cockpit interface<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/www.drillingcontractor.org\/?p=70595#prods5\"><strong>SLB platform brings Gen AI to subsurface, planning, operations data<\/strong><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.drillingcontractor.org\/?p=70600\"><strong>Perspectives: Blaine Dow, SLB &ndash; Field experience is crucial to developing technologies that can succeed<\/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. 2025 Drilling Outlook Steady but flat outlook forecast for the global onshore &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-70692","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 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\/november-december-2024\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"November\/December 2024 - 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