Topic: Transocean Vs Schlumberger, Kca Deutag Vs Halliburton

Originally Posted by xyoung

I am gettin confused here about which of them do drilling
This is what i think..
Transocean spud d well but when its getting to the reservoir, schlum B take over and run wireline and loggin tools
making schlumB a half drilling company, mayb that is why schlum B dont own any rig
Same goes to deutag and halliburton...Deutag is a complete drilling company while halliburton come in when there is need for directional drilling and MWD/LWD operation
This bring me to ask this question
Is transocean too small to acquire Directional drilling/LWD/MWD technology

No need to confuse yourself. Transocean and Deutag are DRILLING CONTRACTORS. They own rigs and do the drilling. Halliburton and Schlumberger are Oilfield service companies. They do not own rigs. They simply supply products that help the operator(with the aid of the drilling contractor) get to the pay-zone. Halliburton and Schlum provide things such as directional drilling tools and services for horizontal/s shaped wells, completion tools like frac tools, wireline services for gyros/surveys etc.

@9jah. U ar right.

@Xyoung: 9JAH has said it all, however companies like Schlum, Halliburton and Baker Hughes because of their "meganess" go as far as providing a wide range of services thru subsidiary companies they own. So as such, they might actually peroform much of drilling sercives (eg Schlum owns ANADRILL). But KCA Deutag and Tranocean fall purely into the class of Drilling contractors (i.e they drill and own and lease out rigs)

@all....thanks but i am still confused
Why cant Transocean and Kca deutag perform all drilling operations from start to finish.
Does transocean own directional drilling tools?

Where does Saipem come into play?

Originally Posted by xyoung

@all....thanks but i am still confused
Why cant Transocean and Kca deutag perform all drilling operations from start to finish.
Does transocean own directional drilling tools?

As far as i know, transocean does not own directional drilling tools. They own rigs. Hal, schlum, baker hughes and other small service companies own directional drilling tools. When they say directional drilling tools, they do not mean any component of a drilling rig. Directional tools are just part of the BHA(bottom hole assembly) and they include drill bits(pdc, tricyclone etc), mud motor (this enables horizontal wells to be drilled), mwd tools etc.
Transocean, like other drilling contractors, performs the actual drilling because they OWN the drilling rigs. They also staff d rigs.. The operator (exxon, shell, chevron etc) only tells them where and when they want to drill. THe service companies like schlum, baker and halliburton on the other hand have tools that are proprietary. This tools such as mud motors (with bends) are attached to the drilling contractors bottom hole assembly (BHA) in order to aid drilling. In essence, the service guys are there to "enhance" drilling. Same thing applies to the completions aspect.
As small as the drilling to completions process looks, it can also get complex pretty quick. This is why companies have chosen to specialize. With regards to whether or not the drilling contractors can actually do everything, Yeah they sure can but at the end of the day, will it be cost effective? I believe there is even an operator that actually owns a drilling rig and performs some of its own directional drilling jobs...(c
hespeake engergy)
At the end of the day, it is cost effective for you to just pay someone that specializes in a certain aspect because that is what they do and they've probably done extensive R&D in that field.

Originally Posted by Donchinchin

Where does Saipem come into play?

Saipem is an operator. They own the "cheddar"...lol..

^^^^^^^Actually i take that back. Eni is the operator. I think they own Saipem

I have a question, what about a service company that wants to own a rig? Where do u place them. @9jah. Your second explanation is head- blowing. So many things were involved. I know a service company that has its set of bottom hole assembly. They lease out tools to operators for drilling.

Originally Posted by Mcnepow

I have a question, what about a service company that wants to own a rig? Where do u place them. @9jah. Your second explanation is head- blowing. So many things were involved. I know a service company that has its set of bottom hole assembly. They lease out tools to operators for drilling.

For clarification, a drilling rig comprises the derrick, rig floor, top drive/kelly and does not include directional drilling tools. You can google drilling pictures for better understanding and definitions.
Actually, all service companies own/should own some sort of BHA. Don't confuse BHA with the drilling rig. The BHA is just the last part of the tool string to which drill pipe is attached. For clarification, starting from the bottom of the hole, you have your Drill bit (that rotates and cuts into the earth/formation), then your BHA (this BHA will include mudmotors and MWD tools - employed for directional drilling), and then drill pipe and whatever is needed.
With regards to a service company owning a rig....They technically can but the question is why? You don't just own a rig so that you can drill one well or two. You own rigs so that companies/operators can contract them out and use them to drill. If you own a rig and you are an oil service contractor, would you be willing to allow your competition utilize their directional tools on your rig......knowing you also have directional tools?
It makes life easier and makes for better competition to just separate Oil Operators from Drilling Contractors and Oil service guys.

i luv dis thread. Rily informative, explicit and mind blowing. Thanks 4 ur contributions my ril guys. Keep on d guy work