NOV CEO Clay Williams sat down for an exclusive interview with Jessica Morales and HartEnergy.com. Williams speaks candidly about ideas in the oil field and why he takes pride in getting ideas out first.
“Our company dates back to 1862, so we are from the first days of the oil field and we shake up everything, every chance we get. Philosophically, I think, if there is a better idea, a better way of doing things out there, then we need to be a leader in bringing that to market and if we don’t someone else will. We have always prided ourselves on being first to market with better ideas,” said Williams.
View Part Two: NOV’s Preparations For Offshore Recovery, Reducing Costs
More demand could be around the corner with offshore rig tenders as oil and gas companies step up drilling plans and final investment decisions.
U.S. energy firms this week cut the most oil rigs in about four months, with the rig count falling to the lowest since January 2018, as producers cut spending on new drilling and completions.
A Powder River Basin discovery by Chesapeake, LLOG files Gulf of Mexico plan and a triple-lateral horizontal completion in South Texas top this week’s drilling activity highlights from around the world.