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DRILLING MARKET FOCUS: Plenary panel addresses effect of high prices on performance

03/26/2007
At the International Association of Drilling Contractors conference in Amsterdam, Feb. 20-22, 2007, leaders from two of the world’s largest operating companies, the largest offshore drilling contractor, and the largest oil field service company discussed reasons for the high price scenario, their outlooks for the future, and the effects of prices (oil, commodities, rates) on performance.The four panelists anchored a plenary session, moderated by Stuart Ferguson, senior vice president and chief technology officer at Weatherford International. Panelists included: Dave Blackwood, North Sea strategic performance unit leader, BP Exploration Operating Co. Jean P. Cahuzac, president, Trans...
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