Drilling: People & Companies
Drilling: People & Companies
Drilling: People & Companies
CONTRACTOR
July/August 1999 D R I L L I N G C O N T R A C T O R 41
DRILLING
CONTRACTOR
Seegmiller elected to Cabot Board. Ray R Seegmiller, currently President and Chief Executive officer of Cabot Oil &
Gas Corporation, was recently elected to the Board of Directors. Mr Seegmiller succeeds Charles P Siess, Jr, who will
remain a member of the Board of Directors.
Tsubaki approved for API license. The Roller Chain Division of US Tsubaki Inc is now licensed by the American
Petroleum Institute (API) to imprint the API monogram on roller chain products and packaging and to display it in
advertising. This widely recognized logo “identifies manufacturers of quality equipment.”
Bob Wagner joins Arthur Andersen. Robert D Wagner Jr brings his 25 years of oil and gas finance experience to the
Global Energy Corporate Finance Group of Arthur Andersen. Mr Wagner was most recently a Partner of M2Capital
Partners and Managing Director of Bankers Trust.
Deutag wins 14-rig BP Amoco contract. Aberdeen based Deutag has confirmed an award from BP Amoco for platform
drilling and maintenance services for all 14 of their platform-based rigs in the North Sea, tripling Deutag’s current plat-
form drilling business with BP Amoco. Current planning suggests that the contract will employ 3 crews on a continual
basis with the possibility of deploying a fourth crew currently being assessed.
Schlumberger integrates Camco into Anadrill. The management of the Drilling & Service Engineering, Manufacturing and
Operations of the Camco Drilling Group has been integrated into Anadrill, Schlumberger announced, to ensure special
focus on the new PowerDrive steerable rotary drilling system. This will provide clients with a comprehensive set of servic-
es, from simple directional control through to integration with formation evaluation for complex geosteering, according to
Saad Bargach, President of Anadrill.
Tech Power breaks ground. Tech Power Controls Co has broken ground for a new manufacturing facility adjacent to its
headquarters in Southwest Houston, doubling its total manufacturing assembly area. Completion is expected in August
’99. According to Jasbir Dhindsa, founder and President, the new building will “promote overall efficiency and productivity,
increase the service level to the maritime segment, and provide additional capacity to serve the forthcoming recovery of
the energy markets.”
Anderson added to RSTS mgmt team. Greg Anderson, formerly Senior Vice President, Operations, with Universal
Services, has signed on with Randy Smith Training Schools as Operations Manager. He will be responsible for the day-to-
day operations of RSTS around the world.
Global Marine & RSTS FOCUS on safety. Global Marine’s commitment to safety continues with a 3-day course specifically
developed with Randy Smith Training Schools to improve safety as a company-wide effort for all personnel in Global’s
worldwide fleet, including upper rig management. The Safety FOCUS (Field Observation Continuously Upgrading Safety)
Training course will be offered to the industry after completion by Global’s personnel.
FirstWave/Newpark at work on Glomar Arctic I & Phoenix VI. First Wave/Newpark Shipbuilding recently completed offsite
modifications to increase riser storage deck capacity on Global Marine Drilling Company’s Glomar Arctic I while drilling
operations progressed normally. FirstWave/Newpark was also awarded a contract for the fabrication, assembly and instal-
lation of new mat sections for Rio Grande Supply Company’s jackup Phoenix VI.
BP Amoco hires Putilov as Sidanko rep. Alexander Putilov, former President of Rosneft, Russia’s state oil company, was
hired by BP Amoco to represent their interests in Russian oil producer Sidanko. BP Amoco owns 10% of Sidanko, Russia’s
5th largest oil company, currently restructuring to release the company from bankruptcy proceedings.
Benton appointed Marine Drilling VP. Bobby E Benton, recently Vice President of International Operations of Diamond
Offshore Drilling, has joined Marine Drilling Companies Inc as Vice President of Marketing and Sales. Mr Benton will be
responsible for worldwide sales and marketing strategies.
Jagson achieves highest meterage. Jagson International’s Deepsea Matdrill, deployed in the Bombay High Field,
was rated best offshore rig working in Indian waters, in recognition of excellent performance for achieving highest meter-
age of the Year 1998-99 for exploratory drilling.
Friede Goldman & Halter Marine to merge. Friede Goldman International and Halter Marine Group have signed a “merger
of equals” agreement under which each Halter share will be exchanged for 0.4614 of a share of Friede Goldman. The com-
bined company, Friede Goldman Halter Inc, will be headquartered in Gulfport, Miss. Officers are J L Holloway, Chairman
42 D R I L L I N G C O N T R A C T O R July/August 1999
DRILLING
CONTRACTOR
Magnum gate valve for extreme depths. Worldwide Oilfield Machine Inc (WOM) reports
that its Magnum 3 1/16 in. subsea gate valve with a unique sealing mechanism and subsea
actuator has successfully met and exceeded the rigid requirements of API 17D—Specification
for Subsea Wellhead and Christmas Tree Equipment. WOM says its patented Magnum gate
valve passed the full criteria and cycle testing at 8,203 ft (2,500 m), 10,000 ft, and 11,000 ft, and
then performed an additional 4,500 cycle test, witnessed and documented by DNV. The manu-
facturer believes that this is the only valve and actuator to be successfully tested at this
extreme depth. The valves are available in sizes 1 13/16 in. through 7 3/8 in. with working pres-
sures from 2,000 to 20,000 psi and operating temperatures in the –50º through 450º F range.
11809 Canemont, Houston, Texas 77035; 713/729-9200; fax, 713/729-7321; www.womusa.com.
July/August 1999 D R I L L I N G C O N T R A C T O R 43
DRILLING
CONTRACTOR
Ruffneck heater safety alert. Ruffneck Free subsurface safety valve brochure.
Heaters has launched a retrofit program Baker Oil Tools offers a free 12-page, 4-
involving approximately 11,000 XL4 haz- color brochure describing the function, oper-
ardous location electric air heaters manu- ation, features and benefits of their SelecT
factured prior to March 5, 1999 and sold Tubing Retrievable Surface Controlled
throughout Canada, mainland US, Alaska, Subsurface Safety Valve. Features noted by
and overseas. The retrofit also includes Baker in the brochure are their through-the-
heaters manufactured under private label flapper, metal-to-metal self-equalizing sys-
for Modine Manufacturing Company (HEX4 tem and advanced wireline damage-resist-
series), Crouse-Hinds (EXH4 series), Stelpro ant flapper design. 654 N Sam Houston
Heating (XUH series), and Ouellet Electrical Pkwy E, Suite 400, Houston, Texas 77060-
Heating (OAX series). Since the XL4 5919; 713/625-6600.
heater’s introduction in 1993, three rupture
incidents have occurred. There were no
injuries and property damage was minimal.
It has been determined that XL4 heat-
exchangers can develop internal gas pres-
sure that may lead to an eventual rupture.
Ruffneck has developed a retrofit to address
this potential problem and is asking anyone
who uses an XL4 heater, or its private label
equivalent, to register with them immediate-
ly in order to receive details of the retrofit
program. This can be done by a visit to their
website at www.rhretrofit.com, or by phone
at 1-403-291-5488; 1-800-661-8561 toll free in
the US and Canada.
44 D R I L L I N G C O N T R A C T O R July/August 1999