That could have been a solid steel joint between two sections of drill pipe.
He pioneered the oil trade with Russia, bartering drill pipe, petrochemicals and engineering services to the Soviet Union in exchange for crude.
Three competitors in America accused the company in August 2011 of evading duties by trans-shipping drill pipe through its plant in the UAE.
FORBES: Add Oil! Chinese Drill-Pipe Maker Ventures Into The Middle East
About two years later UMW Petropipe, a unit of a Malaysian conglomerate, invested 10 million yuan that helped Hilong into drill pipe manufacturing.
FORBES: Add Oil! Chinese Drill-Pipe Maker Ventures Into The Middle East
In ranging, they withdraw the drill pipe and put down an electrical cable and actually try and sense the magnetic field around the wellbore.
It was through his involvement in setting up the first drill pipe coating production line sourced from the U.S. that a business opportunity began to emerge.
FORBES: Add Oil! Chinese Drill-Pipe Maker Ventures Into The Middle East
With full control of its plant in Abu Dhabi, Hilong has an additional drill pipe production capacity of 11, 023 tons, compared with its 44, 753 tons on the mainland.
FORBES: Add Oil! Chinese Drill-Pipe Maker Ventures Into The Middle East
In its update yesterday, McMoran says it is injecting a barite solvent to clean out the perforations, or holes in the drill pipe, through which the gas will flow.
According to research firm Spears and Associates, National Oilwell Varco of the U.S. dominates the global drill pipe market with a 47% share, while Hilong is second with 13%.
FORBES: Add Oil! Chinese Drill-Pipe Maker Ventures Into The Middle East
Inside the riser pipe is a space about half a meter in diameter, large enough to hold the spinning drill pipe and bit and to allow the return flow of drilling fluid.
Thad Allen, the government's point man in the region, said BP has determined there are three sections of drill pipe that need to be removed -- a main pipe and two shorter ones.
At 8:20 p.m. on the day of the explosion the pressure data suggest there was a constant flow of sea water being pumped into the drill pipe that was displacing the heavier mud system which was the primary pressure control for the well.
As a prelude to permanently shutting down the well, crews are trying to withdraw drill pipe hanging below the bottom of the blowout preventer and remove it from the well, so they can then remove the capping stack that's kept oil from leaking since July 15 and replace the old blowout preventer with a new one.
Focusing on high-margin drilling technology and tools, Duroc-Danner spun off the drill-pipe business as Grant Prideco in 2000 and sold off capital-intensive barge rig and gas-compression businesses.
Focusing on high-margin drilling technology and tools, Duroc-Danner spun off the drill-pipe business as Grant Prideco (nyse: GRP - news - people ) in 2000 and sold off capital-intensive barge rig and gas-compression businesses.
Horizontal Drilling now allows these same operators to drill and set pipe for a mile or more horizontally through this same rock formation.
The new pipe will be placed right next to the small section of abandoned pipe where the drill string got stuck.
That was as deep as one could look into the earth with the available geological tools--and also about as far into the ground as anyone knew how to drill a well and push pipe into the hole.
Allen said that in preparation for the storm, crews had pulled the drill string out, put a plug known as a "packer" in the casing pipe and filled the riser with seawater so the pipe would be stable.
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