August  2009

Red Stone Drilling is pleased to announce that we have been selected by an independent Norwegian oil company to conduct a number of reservoir engineering assignments. The assignments include due diligence on existing reservoir engineering models and formulating a field development plan. The assignment will be conducted by one of our lead reservoir engineers with more than 25 years of petroleum & reservoir engineering experience. Offering exploration portfolio management and field development studies is a logical extension to our core well engineering capabilities.

April  2009

Red Stone Drilling is pleased to announce that we are in a position to offer the following training courses: Introduction to Drilling Engineering, Introduction to Probabilistic Cost / Time Modelling, Fundamentals of Casing Design. More details will be announced shortly on the website.

February  2009

Red Stone Drilling is pleased to announce an extension to the existing multi-lateral study where it is progressed from feasibility status to detailed engineering status for an independent oil company on their mature assets in the North Sea. This is a logic evolution from the feasibility study we conducted last year and is proof that Red Stone Drilling can deliver top-class engineering at various stages of the well delivery process.

January  2009

Red Stone Drilling is pleased to announce that we have been awarded a second assignment with RWE to conduct an ultra extended reach well feasibility study. The study will address well design issues, drilling procedures and drilling rig requirements.

December  2008

Red Stone Drilling is pleased to appoint Chad Molleken as its Business Development Manager. Chad will be based in our London office. This will allow us to serve the London based Oil & Gas companies in addition to our client base in Aberdeen.

Red Stone Drilling is pleased to announce that we have been awarded a contract with an AIM listed oil company to conduct a well performance and business process optimisation project. The key deliverables of the project are to ensure that the current well delivery process is fit for purpose, performance data is captured and lessons learnt are documented in order to deliver improved performance on future drilling & completion campaigns.

November  2008

Red Stone Drilling is pleased to announce that we have been awarded a contract to assist RWE to conduct a study for an extended reach multi-lateral well. The total planned well depth is expected to exceed 30,000 ft MD BRT and will be drilled in a challenging surface & downhole environment. The study will be conducted in close cooperation with the client and a number of service providers.

July  2008

Red Stone Drilling and Greyscale have entered into a strategic alliance to serve the well engineering community to improve processes such the Well Delivery Process. Greyscale is a specialist consultancy and training organisation, focusing on Enterprise Architecture and Business Process Optimisation, and Innovation. The alliance will use the proprietary software tool ProVision. The software tool ProVision is a proven software tool employed within a number of different industries across different disciplines with enormous success. Both companies strongly believe that this alliance creates a strong, non competing team with complementing skill sets. For more information please contact us or visit our Well Performance Management page.

May 2008

Red Stone Drilling qualified to become a certified affiliate of Method123 Project Management Methodology. This will enable Red Stone Drilling to adopt proven project management principles based on Prince2 methodology on our clients projects. The application of this proven Project Management Methodology are numerous and will give Red Stone Drilling a distinct and unique leading edge advantage over our competition. Our clients will benefit in the form of a structured, total transparent approach when employing Red Stone Drilling to conduct a well engineering project. In addition it will enable Red Stone Drilling to introduce this Project Management Methodology to many other aspects of your business. For more information, please contact us on info@redstonedrilling.com

Red Stone Drilling is pleased to announce to be the main sponsor of the annual Leukaemia Research charity ‘Ladies Stableford Foursomes’ golf tournament. The tournament will take place at Inverurie Golf Club on Friday 22 August 2008.

February 2008
Red Stone Drilling is pleased to announce to assist an independent oil company to conduct a study to ascertain the feasibility of using Multi-Lateral technology on their mature assets. The study will focus on employing Multi-Lateral technology on Extended Reach (ERD) wells from their Northern North Sea platforms and will build on the findings and conclusions of the report ‘Technology Selection Process for ERD Wells in Mature Assets’ Red Stone Drilling conducted in 2007.

January 2008
As of Jan 1st 2008, Red Stone Drilling are delighted to announce their move to Riverside House, Riverside Drive, Aberdeen. This is due to continual expansion in the business and will provide an excellent base for the company. Riverside House is a new, purpose-built, high specification office in a prime Aberdeen location with state of the art facilities.

August 2007
Red Stone Drilling and Warrior Technologies, based in Houston, USA are pleased to announce the creation of a strategic alliance between both companies. Warrior Technologies are the creators of UnRiskIt® software – a probabilistic risk analysis tool. UnRiskIT® offers petroleum professionals reliable risk analysis and provides valuable insight to make confident decisions and avoid potential hazards, resulting in optimized financial and operational performance. For more information on UnRiskIT®, please contact a Red Stone Drilling representative or alternatively by e-mail unriskit@redstonedrilling.com

April 2007
Red Stone Drilling and Rigtech are pleased to announce that they have been awarded a contract to conduct a joint rig audit for a major integrated drilling services provider in Saudi Arabia. Red Stone Drilling are contracted to review the drilling contracts, well delivery process and operational performance. Rigtech will conduct a rig audit.

February 2007
Red Stone Drilling is pleased to assist MGA with the Management Regime for Offshore Cuttings Piles (OSPAR Recommendation) on behalf of a CNR International.

December 2006
Red Stone Drilling is pleased to assist MGA with the Waste Management Strategy project on behalf of Talisman UK.