DRILLBITS
Monthly eNewsletter from the IADC

SAIPEM JOINS RAPID-S53

Saipem S.p.A. is the latest offshore drilling contractor to become a participant in the RAPID-S53 BOP Reliability Database.  Saipem’s entry brings the total of current companies in the joint industry project to 29.  This includes 14 contractors, 12 operators and three equipment manufacturers.

The JIP was formed in 2016 by combining BOP database efforts undertaken by IOGP and IADC with those initiated by a group of seven offshore drilling contractors.  RAPID-S53 stands for Reliability & Information Performance Information Database for API Standard 53 well control equipment.

Operators and both offshore and onshore drilling contractors are welcome to participate in the JIP.  In addition to monthly summary reports, participating companies get regular “information bulletins” highlighting measures others have taken to improve BOP performance and increase operating efficiency as a result of the data.  Safety Bulletins on critical items important to the industry are also publicly available on the RAPID-S53 website at www.rapid4s53.com.

For more information, contact Steve Kropla at Steve.Kropla@iadc.org.