BHP Billiton Sets Gulf Drilling Record

Friday, August 24, 2007
Houston-based BHP Billiton Petroleum reported two company-operated drilling vessels set new benchmarks for deepwater drilling in the Gulf of Mexico recently. While working on a development well on the Shenzi oil and gas field, the GSF C.R. Luigs achieved a record low average of 1.52 days per 1,000 feet from spud to total depth. The well was drilled to a total depth of about 29,600 feet in only 33 days, while operating in water depths of nearly 4,300 feet in Green Canyon Block 654. The achievement matches a similar milestone earlier in the year in the Neptune development, when the GSF Development Driller I averaged 1.5 days per 1,000 feet for a new hole drilled.

“These successes can be celebrated only if we achieve them while protecting the health, safety and environment of the crews and other workers associated with these operations,” said Nigel Smith, president of development for BHP Billiton. “Careful planning and operation by all members of the team is necessary to achieve record performances such as these.”

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Norway's Oil Sector May Face More Project Cuts, Delays

More oil and gas projects in Norway could be put on hold because of rising costs, adding to a growing list of developments that have been delayed or called off,

Diamond Offshore profit falls as rig demand softens

Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a 17 percent drop in quarterly profit as demand fell for rigs used in deep water drilling.

GulfMark Offshore Records its Highest Ever Q1 Revenue

Houston-based GulfMark Offshore President & CEO Quintin Kneen commented on his company's first quarter 2014 financial report: "We recorded our highest first quarter revenue ever,

 
 
Maritime Security Naval Architecture Navigation Pipelines Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0933 sec (11 req/sec)