Nov. 9, 2005


Description

The U.S. Minerals Management Service regulates drilling operations that take place in federal waters of the Gulf of Mexico (GoM). Since MMS approval is needed to drill in the GoM, operations engineers typically spend countless hours studying regulations and completing the appropriate regulatory paperwork before executing oil and gas projects. Current regulations for offshore operations affirm, support and guide conventional drilling and completion operations, and therefore are inherently resistant to the application of new technology.  
 

Statistically, operations in the GoM are being drilled to much greater depths and encountering much more difficult environments. Offshore exploration of sub-salt strata has introduced extremely difficult drilling challenges. The oil and gas industry has pushed the limits of conventional drilling procedures beyond economic feasibility. The emergence of Managed Pressure Drilling (MPD) has provided a glimpse of the drilling technique that can economically move our industry to difficult target acquisition. MPD can significantly improve costs and personnel safety during offshore operations. However, regulatory approval lags the advent of this new technology. The petroleum industry must align itself with the MMS to bolster education on the topics of MPD, to examine and modify regulations and to safely execute managed pressure operations in the GoM. This presentation will address the current status of MPD technology and illustrate some MPD conflicts with current regulations.

 

 

Attendees of the meeting at the Greenspoint Club should park in the Visitor Section - Ground Floor and take the elevator up to the 5th floor for the meeting.

Featured Speakers

Speaker Rick Stone
CEO / Chairman Signa Engineering Corporation SUMMARY  Twenty-six plus years experience in Oil and Gas Operations  Domestic & International / Onshore & Offshore  Presented with the SPE Drilling Engineer of the Year Award for 2003, the Society of Petroleum Engineers’ most prestigious drilling honor.  Recognized pioneer in horizontal, UnderBalanced and …

CEO / Chairman
Signa Engineering Corporation

SUMMARY

 Twenty-six plus years experience in Oil and Gas Operations

 Domestic & International / Onshore & Offshore

 Presented with the SPE Drilling Engineer of the Year Award for 2003, the Society of Petroleum Engineers’ most prestigious drilling honor.  Recognized pioneer in horizontal, UnderBalanced and Managed Pressure Drilling, and the application of project management techniques to unconventional drilling.

EXPERIENCE

·        Chairman / CEO, Signa Engineering Corp. 1992 – Present

·        President & Partner, PetraTex Resources 1990 – 1992

·        Senior Drilling Engineer, Oryx Energy Company 1988 – 1990

·        Drilling Engineer, Sun Exploration and Production 1984 – 1988

·        Production Engineer, Sun Exploration and Production 1981 – 1984

·        Mechanical Engineer, Sun Exploration and Production 1979 – 1981

PROFESSIONAL LICENSE & EDUCATION

·        Registered Professional Engineer -



Texas No. 62319

·        B.S., Mechanical Engineering,


Texas


A&M


University ,



College Station, Texas – 1979

PROFESSIONAL MEMBERSHIPS

·        Member, Society of Petroleum Engineers

·         Member, IADC and UB Advisor–IADC Wellcap Committee, Chairman – IADC MPD Subcommittee

·         Member/Speaker, AADE–Houston/Dallas

·        Well Control Committee Memb



 


 


 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 

Full Description



Organizer

Joe Wallace


Date and Time

Wed, Nov. 9, 2005

11:30 a.m. - 5:30 p.m.
(GMT-0500) US/Central

Event has ended

Location

Greenspoint Club

16925 North Chase Dr - 5th Floor
Houston, TX 77060
USA