Contracts Committee

IADC Contracts Committee

Mission Statement

To promote clarity and efficiency in commercial documentation within the global drilling community and foster a wider understanding of contracts and risk management.

Officers

Chair
Tyler Smith, Nabors

Vice Chairman, Land
David Odom Harris, Patterson-UTI

Vice Chairman, Offshore
John Kilburn, Transocean

Vice Chairman, Industry Outreach
TBD

Staff Liaison
Mike DuBose, IADC

Join the Committee

To get started, please contact the IADC Contracts Committee.

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Committee Structure

A member appointed by the Chairman of IADC will chair the IADC Contracts Committee. The Committee Chairman may at his discretion appoint a reasonable number of Committee Vice-Chairmen to oversee specific disciplines or issues (e.g., onshore/offshore safety issues, environmental practices, specific regulatory issues, etc.)

General meetings are open to participants from all categories of IADC membership. The Chairman may invite non-members to attend when it furthers the interests of the Committee. At the discretion of the Chairman and IADC staff, the meeting or portions of the meeting may be exclusively reserved for drilling contractor members. Meetings will be held at such times and locations as may be selected by the Chairman with the advice of the Committee.

IADC Committee activities are governed by IADC’s Antitrust Policy and Guidelines.

Meeting Minutes

Date Function Location
2020
25 September 2020

Onshore Well Construction Interface Document

IADC Equipment List Update 2020

IADC Land Rig Equipment List Short Form

General Committee Meeting Online Only
15 May 2020 General Committee Meeting Online Only
31 January 2020
General Committee Meeting Houston, TX, USA
2019
11 October 2019 General Committee Meeting Houston, TX, USA
14 June 2019 General Committee Meeting Houston, TX, USA
1 February 2019

IADC Dutra Amicus Summary 31 Jan 2019

IADC Houston Chapter By-Laws New Logo

18 Amicus of IADC

General Committee Meeting Houston, TX, USA
2018
10 May 2018

Agenda

Presentation

General Committee Meeting Houston, TX, USA
2016
8 April 2016

Presentation

Contractual Breaches & Terminations, Sutherland Asbill & Brennan LLP

General Committee Meeting Houston, TX, USA
2015
6 February 2015

Presentation
Post Macondo Insurance Review Marsh

General Committee Meeting Houston, TX, USA

Meeting Schedule

Date Function Location
11 December 2020 General Committee Meeting Online Only

Committee Meetings Policy

General meetings are open to participants from all categories of IADC membership. The Chairman may invite non-members to attend when it furthers the interests of the Committee. At the discretion of the Chairman and IADC staff, the meeting or portions of the meeting may be exclusively reserved for drilling contractor members. Meetings will be held at such times and locations as may be selected by the Chairman with the advice of the Committee.

All dates and times are subject to change.

Resources & Links

This page contains lists of all available resources, documents, videos for the Contracts Committee. These may include best practices, guidelines, and/or special reports, as well as documents on topics such as onshore/offshore safety issues, environmental practices, specific regulatory issues and more. Also included is a section for links to useful websites.

Useful Links

Resource Type Resource Link
Purchase IADC Contracts IADC Online Bookstore Link
IADC provides web links as a member service. IADC does not warranty or endorse the accuracy or reliability of any of the information, content, or advertisements contained on websites linked to www.iadc.org or any of its subsidiary pages.

Committee Initiatives

  • Revision of the IADC Standard Equipment Format List for Floating Units
  • Revision of the IADC International Daywork Offshore Contract (under English Law)
  • Revision of the IADC Health Safety and Environmental Case Guidelines for Land Drilling Units
  • IADC Contracts & Risk Management Conference October 6-7, 2020 in Houston, TX