Offshore Drilling Market by Services‚ Applications And Geography-Global Trends & Forecasts To 2018 On 1st July 2013 The maturity of onshore oil reserves shifts the focus of operator companies towards deep water offshore areas. The increasing demand for energy together with increasing investment in deep and ultra deep offshore exploration activities will drive the global offshore drilling market to $121.1 billion by 2018‚ growing at a CAGR of 10.6% from 2013 to 2018. The factors driving the growth
Premium Oil platform Petroleum Marketing
Connor Sims‚ Associate SUBJECT: Oil Drilling & Gas Extraction Industry in the US Analysis (21111) This report presents information regarding the industry‚ the primary operator of oil and gas field properties. The industry fuels its key buyers‚ the Natural Gas Distribution (22121) and the Petroleum Refining (32411) industries‚ with crude oil and natural gas. The industry continuously battles a shortage of available oil. In addition‚ many major oil fields have been in use for decades‚ slowly
Premium Petroleum Peak oil Natural gas
Drilling rig A drilling rig is a machine which creates holes in the ground. Drilling rigs can be massive structures housing equipment used to drill water wells‚ oil wells‚ or natural gas extraction wells‚ or they can be small enough to be moved manually by one person. They sample sub-surface mineral deposits‚ test rock‚ soil and groundwater physical properties‚ and also can be used to install sub-surface fabrications‚ such as underground utilities‚ instrumentation‚ tunnels or wells. Drilling rigs
Premium Drilling rig
technology is revolutionizing the way that reservoirs are accessed by wells. The ability to create wells with multiple branches that can target widely spaced reservoir compartments provides engineers unlimited options in optimizing economic extraction of oil and gas. Along with this opportunity comes the inherent complexity of these well architectures. Multilateral Wells is intended to illuminate the most important aspects of multilateral wells in a concise way and give readers practical tools they can
Premium Drill Costs
head: PROPOSED DRILLING IN ANWR Proposed Drilling in ANWR Abstract Due to high cost of crude oil‚ the nation is in turmoil over prices of gas prices. This letter is a proposal for drilling in the ANWR (Arctic National Wildlife Refuge). Drilling in the ANWR is meant solely to reduce the reliability on foreign crude oil and to help the nation in its economic down side due to the rise in gas prices. Drilling In this proposal
Premium Petroleum United States Unemployment
Running head OUTSOURCING INFORMATION TECHNOLOGY OFFSHORE The Impact of Outsourcing Information Technology Offshore Strayer University Abstract This study explores Offshore IT Outsourcing by U. S. companies. Within the study‚ information will be provided on the details of Offshore IT Outsourcing including the advantages and disadvantages. It also evaluates different strategies for offshore Information Technology Outsourcing that could benefit both U. S. employees and employers. This study utilized
Premium Management Outsourcing Economics
I went into the speech forum undecided about which side of the argument I was for. I do not have any family members that have worked for an oil/gas company for years and make a living working there. I also do not drive‚ let alone‚ have a car so I really had no ethos in this subject matter. However‚ in the long run it will affect me. I believe that both speakers prepared a wonderful and well thought out speech. They were poised‚ professional‚ and as commuters themselves they both possessed the credibility
Premium Petroleum Economics Natural gas
traditions of the Gwich’in forever. Politicians‚ environmentalists‚ economists and neighbors now fight over the prospect of oil drilling in the Arctic National Wildlife Refuge. Many of the arguments for drilling are worth consideration; however‚ in comparison to the evidence against it‚ they are neither convincing nor compelling. In order to fully understand why drilling in the Arctic National Wildlife Refuge is such a big deal; we need to understand the history of the refuge. ANWR was created
Premium Petroleum Alaska Petroleum industry
Formulas Calculations for Drilling‚ Production Work-over Norton J. Lapeyrouse and and Formulas and Calculations CONTENTS Chapter 1 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. Basic Formulas P. 3 Pressure Gradient Hydrostatic Pressure Converting Pressure into Mud Weight Specific Gravity Equivalent Circulating Density Maximum Allowable Mud Weight Pump Output Annular Velocity Capacity Formula Control Drilling Buoyancy Factor 12. Hydrostatic Pressure Decrease
Premium Volume Density Imperial units
TITLE: Water Based Drilling Fluid Analysis EXECUTIVE SUMMARY: Analysis of drilling fluids is essential to their performance. In this laboratory exercise the aim is to test three drilling fluid samples for; density and rheological properties‚ Fluid loss‚ chemical analysis i.e. testing pH‚ alkalinity‚ testing for chloride ions‚ calcium carbonate‚ calcium‚ bentonite; also determining the amount of solids present in the samples as well as volumes of oil‚ water and solids contained in the sample‚ and
Premium Sodium chloride Chlorine Calcium carbonate