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NATIONAL OILWELL VARCO, INC. (Exact Name of Registrant As Specified in Its Charter)
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark one) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE YEAR ENDED DECEMBER 31, 2013 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-12317 NATIONAL OILWELL VARCO, INC. (Exact name of registrant as specified in its charter) Delaware 76-0475815 (State or other jurisdiction (IRS Employer of incorporation or organization) Identification No.) 7909 Parkwood Circle Drive, Houston, Texas 77036-6565 (Address of principal executive offices) (713) 346-7500 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Common Stock, par value $.01 New York Stock Exchange (Title of Class) (Exchange on which registered) Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No ¨ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 (d) of the Act. Yes ¨ No Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. -
NOV INC. (Exact Name of Registrant As Specified in Its Charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE YEAR ENDED DECEMBER 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-12317 NOV INC. (Exact name of registrant as specified in its charter) Delaware 76-0475815 (State or other jurisdiction (IRS Employer of incorporation or organization) Identification No.) 7909 Parkwood Circle Drive Houston, Texas 77036-6565 (Address of principal executive offices) (713) 346-7500 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $.01 per share NOV New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes☒ No☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 (d) of the Act. Yes☐ No☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. -
Msc Martin Fosse Wired Drill Pipe Technology Technical And
The Author intentionally left this page blank 2| P a g e Abstract The author have designed this thesis to give the reader detailed knowledge about wired drill pipe technology (WDP technology). Focusing on providing the reader with unbiased examples and explanations have been of top priority. The optimal result being that the reader will be able to, with only little or none prior knowledge about WDP technology, fully understand the WDP technology’s economics and technical aspects. Wired drill pipe technology (WDP technology) is becoming more and more known to the oil industry. WDP provides wired communication with downhole tools, instead of conventional wireless communicating- methods like mud pulse telemetry (MPT) and electromagnetic telemetry (EMT). Up to this point, this new and sophisticated technology have been used to drill more than 120 wells worldwide. The technology have been around for some time, but have in later years gained more attention from oil companies, especially the companies regularly drilling highly challenging fields. This thesis gives a close examination of all the technical parts of the technology. Looks closer upon the transmission speed. How the telemetry works and the route between surface equipment and all the way down to the bottom hole assembly (BHA). The thesis also closely examines the economics of the technology and relate this to the cost of drilling operations offshore in the North Sea. New technology provide new possibilities, but they often tend to have a steep price tag. This thesis examines if the additional cost of wired pipe is worth the investment. It also provides calculations from two different example-wells, and the results from these calculations clearly states the cost of WDP. -
Evaluation of Non-Nuclear Techniques for Well Logging: Technology Evaluation
PNNL-19867 Prepared for the U.S. Department of Energy under Contract DE-AC05-76RL01830 Evaluation of Non-Nuclear Techniques for Well Logging: Technology Evaluation LJ Bond RV Harris KM Denslow TL Moran JW Griffin DM Sheen GE Dale T Schenkel November 2010 PNNL-19867 Evaluation of Non-Nuclear Techniques for Well Logging: Technology Evaluation LJ Bond RV Harris KM Denslow TL Moran JW Griffin DM Sheen GE Dale(a) T Schenkel(b) November 2010 Prepared for the U.S. Department of Energy under Contract DE-AC05-76RL01830 Pacific Northwest National Laboratory Richland, Washington 99352 ___________________ (a) Los Alamos National Laboratory Los Alamos, New Mexico 87545 (b) Lawrence Berkeley National Laboratory Berkeley, California 94720 Abstract Sealed, chemical isotope radiation sources have a diverse range of industrial applications. There is concern that such sources currently used in the gas/oil well logging industry (e.g., americium-beryllium [AmBe], 252Cf, 60Co, and 137Cs) can potentially be diverted and used in dirty bombs. Recent actions by the U.S. Department of Energy (DOE) have reduced the availability of these sources in the United States. Alternatives, both radiological and non-radiological methods, are actively being sought within the oil- field services community. The use of isotopic sources can potentially be further reduced, and source use reduction made more acceptable to the user community, if suitable non-nuclear or non-isotope–based well logging techniques can be developed. Data acquired with these non-nuclear techniques must be demonstrated to correlate with that acquired using isotope sources and historic records. To enable isotopic source reduction there is a need to assess technologies to determine (i) if it is technically feasible to replace isotopic sources with alternate sensing technologies and (ii) to provide independent technical data to guide DOE (and the Nuclear Regulatory Commission [NRC]) on issues relating to replacement and/or reduction of radioactive sources used in well logging. -
Alternative Applications of Wired Drill Pipe in Drilling and Well Operations
Alternative applications of wired drill pipe in drilling and well operations FACULTY OF SCIENCE AND TECHNOLOGY MASTER THESIS Study program/specialization: Spring semester, 2019 Petroleum Engineering Open - Drilling & Wells Specialization Author: Bevin Babu Bevin Babu (Signature of author) Faculty supervisor: Mesfin Belayneh External Supervisor: Øystein Klokk Thesis title: Alternative applications of wired drill pipe in drilling and well operations Credits (ECTS): 30 Keywords: Wired Drill Pipe Number of pages: 128 Telemetry Systems Along String Measurements (ASM) Supplemental material/other: 1 Enhanced Measurement System (EMS) Date/year: 15-06-/2019 Well Operations - Drilling, Completions, Cementing, Perforation, Side Place: Stavanger, Norway Tracking Alternative applications of wired drill pipe in drilling and well operations ACKNOWLEDGMENT This master thesis is written the spring of 2019 as the final work of a Master of Science in Petroleum Engineering specialization in Drilling and Well technology from University of Stavanger, Norway. The scope of the thesis was initiated by Equinor ASA. The work was carried out at Equinor ASA, Stavanger and University of Stavanger, Norway. First, I would like to express my gratitude towards Equinor ASA for providing relevant information and data for aiding me in any way possible with regards to everything from workshop visits to technical information. I would like to thank my supervisor Dr. Mesfin Belayneh, Professor at Department of Energy and Petroleum, University of Stavanger for providing advice and guidance throughout the work. I would also like to express my greatest gratitude to Åsmund Gyldenskog, Leader Drilling and Well Operations, Mobile Units at Equinor ASA, Stavanger for providing me with the opportunity of writing this interesting thesis with his team. -
Expedition 314 Methods1
Kinoshita, M., Tobin, H., Ashi, J., Kimura, G., Lallema nt, S., Screaton, E.J., Curewitz, D., Masago, H., Moe, K.T., and the Expedition 314/315/316 Scientists Proceedings of the Integrated Ocean Drilling Program, Volume 314/315/316 Expedition 314 methods1 Expedition 314 Scientists2 Chapter contents Introduction Introduction . 1 Integrated Ocean Drilling Program (IODP) Expedition 314 is the first step in a multiexpedition, multiyear project to carry out the Logging while drilling . 1 Nankai Trough Seismogenic Zone Experiment (NanTroSEIZE). The Onboard data flow and quality check . 6 three expeditions that make up Stage 1 of the project focus on Log characterization and lithologic coring and logging operations at high-priority riserless sites on interpretation . 7 the Kumano transect. During Expedition 314, we focused exclu- Physical properties . 8 sively on in situ measurements of subseafloor physical properties, Structural geology and geomechanics . 9 lithology, stress, and geomechanics using logging-while-drilling Log-seismic correlation . 11 (LWD) techniques, including real-time uphole data transmission References . 13 (commonly referred to as measurement while drilling [MWD]). In Figures . 15 this chapter, we explain the operation of LWD instruments and Tables. 29 the physical principles behind the geophysical measurements ob- tained. In addition, we describe the methods used by shipboard scientists to arrive at the data analyses and interpretations re- ported in the site chapters of this volume. Logging while drilling During Expedition 314, six LWD and MWD tools were deployed under the contract by the Global Ocean Development Inc. with Schlumberger Drilling and Measurements Services. LWD surveys have been successfully conducted during previous Ocean Drilling Program (ODP) and IODP expeditions on the JOIDES Resolution with various tools of different generations, focusing on density, porosity, resistivity, gamma ray, and sonic velocity measurements. -
Overview on Vertical and Directional Drilling Technologies for the Exploration and Exploitation of Deep Petroleum Resources
Geomech. Geophys. Geo-energ. Geo-resour. (2016) 2:365–395 DOI 10.1007/s40948-016-0038-y REVIEW Overview on vertical and directional drilling technologies for the exploration and exploitation of deep petroleum resources Tianshou Ma . Ping Chen . Jian Zhao Received: 13 April 2016 / Accepted: 23 August 2016 / Published online: 30 August 2016 Ó Springer International Publishing Switzerland 2016 Abstract The vertical and directional drilling are the system and vertical drilling system), the directional key technologies for the exploration and exploitation survey techniques (measuring and transmission tech- of oil and gas resources in deep formations. Mean- niques), the main drill bits (roller cone bits, fixed cutter while, they are also the very important ways to exploit bits and hybrid bits), and the main drilling fluids (gas- deep geothermal energy and geo-resources, conduct base drilling fluid, water-based drilling fluid and oil- international continental scientific drilling program. based drilling fluid) are summarized and analyzed. The aim of the present overview is to review and The top 15? deepest and top 20? longest wells all discuss the vertical and directional drilling technolo- over the world are collected from related literatures to gies and their recent developments since the pioneer- analyze the achievements of vertical and directional ing work in 1890s. It starts with the historical drilling in petroleum industry, the challenges of development and classification of main drilling meth- vertical and directional drilling are also discussed. ods for petroleum extraction, such as the vertical Finally, a brief summary and prospect of vertical and drilling, directional drilling and horizontal drilling, directional drilling are presented. -
2013 Form 10-K
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark one) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE YEAR ENDED DECEMBER 31, 2013 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-12317 NATIONAL OILWELL VARCO, INC. (Exact name of registrant as specified in its charter) Delaware 76-0475815 (State or other jurisdiction (IRS Employer of incorporation or organization) Identification No.) 7909 Parkwood Circle Drive, Houston, Texas 77036-6565 (Address of principal executive offices) (713) 346-7500 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Common Stock, par value $.01 New York Stock Exchange (Title of Class) (Exchange on which registered) Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No ¨ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 (d) of the Act. Yes ¨ No Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. -
Gamma Ray Spectroscopy for Logging While Drilling in Mineral Exploration
Western Australian School of Mines Department of Exploration Geophysics Gamma Ray Spectroscopy for Logging While Drilling in Mineral Exploration Ida Hooshyari Far This thesis is presented for the Degree of Doctor of Philosophy of Curtin University March 2018 I Declaration “To the best of my knowledge and belief this thesis contains no material previously published by any other person except where due acknowledgment has been made. This thesis contains no material which has been accepted for the award of any other degree or diploma in any university.” Signature: Date: 19/03/2018 II To my dear mother, for all her love and all her tough love To my great father, for his love, support and his dedication to our family To my life and love partner, for his love, care and being an amazing being III Thesis Abstract Gamma ray spectroscopy has been in use in the mineral exploration industry for decades, with much pioneering work done in the 1970’s to 1980’s, yet many of the techniques used to process the recorded spectrum have not improved significantly in the last 30 years. Technological developments in slim logging tools appear to have not kept pace with other technological developments, such as advances in scintillator materials for better gamma detectors, and neutron generators for electronic control of radiation. Yet the ability to collect good quality gamma-ray energy spectra with 256 or more channels is common and the computational resources for better data processing are now abundant. Despite such advances there hasn’t been much change in the way natural gamma spectra are analysed, in the borehole or in airborne radiometrics, except for noise reduction techniques such as Noise Adjusted Singular Value Decomposition (NASVD) and Maximum Noise Fraction (MNF). -
Assessment of BOP Stack Sequencing, Monitoring and Kick Detection Technology
Client: BSEE Project Name: Assessment of BOP Stack Sequencing, Monitoring and Kick Detection Technology Document Title: Final Report 03 - Kick Detection and Associated Technologies Document Number: Document Type: 12-1841-DG-RPT-0003 Final Report Client Document Number: Number of pages: N/A 61 MCS Kenny Archer 15115 Park Row, 2nd Floor 10613 W Sam Houston Pkwy N. Houston, Texas 77084 Suite 600 Tel: +1 281 646 1071 Houston, Texas 77064 Fax: +1 281 6461382 Tel: +1 713 856 4222 http://www.mcskenny.com http://www.archerwell.com/ C 10-30-13 Issued for Client Review B 10-21-13 Issued for Internal Review RW PN AW AW A 10-15-13 Issued for Internal Review RW PN AW Prep. Chk. App. Rev Date Reason for Issue QA Client Approval By By By COMMENTS SHEET REVISION DATE COMMENTS A 10-15-13 Issued for Internal Review B 10-21-13 Issued for Internal Review C 10-30-13 Issued for Client Review 12-1841-DG-RPT-0003 Rev C Assessment of BOP Stack Sequencing, Monitoring and Kick Detection Technologies Final Report 03 - Kick Detection and Associated Technologies Table of Contents 1.0 INTRODUCTION ...........................................................................................................................................5 1.1 General ................................................................................................................................................................. 5 1.2 Objective of the Report ........................................................................................................................................ -
Covid-19 Impact on Global Wired Drill Pipe Market 2020 by Manufacturers
+44 20 8123 2220 [email protected] Covid-19 Impact on Global Wired Drill Pipe Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2026 https://marketpublishers.com/r/CA52D8E960DDHEN.html Date: November 2020 Pages: 146 Price: US$ 3,480.00 (Single User License) ID: CA52D8E960DDHEN Abstracts The research team projects that the Wired Drill Pipe market size will grow from XXX in 2019 to XXX by 2026, at an estimated CAGR of XX. The base year considered for the study is 2019, and the market size is projected from 2020 to 2026. The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing with 10 major regions and 30 major countries. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better. By Market Players: Schlumberger IntelliServ (NOV) GE(Baker Hughes) Halliburton Weatherford International By Type Electrical Conductors Electrical Transmitters Covid-19 Impact on Global Wired Drill Pipe Market 2020 by Manufacturers, Regions, Type and Application, Foreca.. -
Value Creation by Oilfield Service Companies
Value Creation by Oilfield Service Companies Oilfield Service and Supply Sector: Value Creation 2005 - 2013 University of Houston, C.T. Bauer College of Business Student Research Project This report is developed solely for the purpose of class discussion. Cases and reports do not represent endorsements by the faculty or the C.T. Bauer College of Business on effective or ineffective management. Value Creation by Oilfield Service Companies Contents 1. Introduction ....................................................................................................................................... 1 1.1 Research Objectives ................................................................................................................... 1 1.2 The Oilfield Service Sector (OFS) ................................................................................................ 1 2. Summary of Findings ......................................................................................................................... 7 2.1 Drivers of Shareholder Value ........................................................................................................... 7 2.2 OFS Company Valuation ................................................................................................................ 11 2.2.1 Intrinsic Value ............................................................................................................................. 11 2.2.2 Cash Flows .................................................................................................................................