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Smart Solutions. Powerful Products.

API 7K 6th Edition

What does it mean?

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This is me…

2

• www.linkedin.com/in/jk-edwards

• 056 216 0319

• Joe.edwards@f-e-t.com

Agenda

• 10 min presentation

• 5 min FAQ

• 5 min open Q&A

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Todays Promises

3

• No exciting new Technology

• No new iPhone App

• And

• No way for us to make our operations more:

• Efficient

• More profitable

• Less costly

• Or higher utilised

• A fresh look and load rated slips

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Wow moments….

4

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The Standard

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• Since

• January 1st 2017

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On a Drill Floor

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On a Drill Floor - Slip

7

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On a Drill Floor - Master bushing

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Slings without load rating?

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• Would you ever

purchase slings

without a load rating?

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Slings without load rating?

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• Would you ever

purchase slings

without a load rating?

NO

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Lifting Equipment is Load Rated

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• Elevators

• Bail links

• Traveling block

• Deadline anchor

• Wire rope

• Its all load rated!

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Your Drilling Rig

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• Question:

• Would you use equipment on your rigs that was

not load rated?

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Your Drilling Rig

13

• Question:

• Would you use equipment on your rigs that was

not load rated?

NO • Again…!

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Holding Your String

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• So when it comes to

holding your;

• Drill string or

• Casing string

• In the hole,

• Are you using

load rated

equipment?

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Holding Your String

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• Are you using

load rated

equipment?

NO?

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Your Holding Load

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• You are currently holding a load in non-load rated

equipment!

• Its likely your Slips and Master bushing if built to

API 7K 5th Edition are NOT load rated.

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7K did not require Load Testing

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• Reference Guide available from me afterwards or

email; Joe.Edwards@F-E-T.com

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API 7K Affected Equipment

• Rotary Bushings

• Slip Bowls

• Rotary Slips

• Spiders

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Your Opportunity

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• Assess your affected equipment.

• Existing Forum B+V (Blohm & Voss), 5th Edition tools

can be up-certified!

• From 5th ed. To 6th ed.

• Ready for the up-turn

• Knowing your compliant with current standards

• Hold that string in confidence

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Do Nothing and….

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• Operators will start to require the latest

specifications

• The OEM of your existing equipment, may not be

prepared to up-certify or able to supply equipment

to the 6th edition standard

• Worse, you may have a failure

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Your Call to Action

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Group A

• Proactive assessment

• Up-certify and/or

• Replace

• Prepared for future

• Current dated standard

• Industry leader

Group B

• Do nothing

• Wait for operator to

demand

• Wait for CoC request

• Outdated standard

• Follower

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FAQ - Why the Change?

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• API committee lead by industry experts,

continually review their standards.

• They recognised that all items are load rated

except the said equipment.

• Initially driven by DC’s in deep water.

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FAQ – How does this affect you?

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• OEM’s required to be more transparent, hence

manufacturers need to meet these requirements:

• Load rating on all affected assemblies

• Design verification test

• Use of traceable and qualified material

• Production proof load test

• Inspection

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FAQ – How does this benefit you?

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• We are an OEM who has always met and

exceeded API 7K requirements, this is why;

• Existing Forum equipment can be up-certified as

API 7K 6th edition; power slips will still have their

original load rating

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Questions?

• www.linkedin.com/in/jk-edwards

• 056 216 0319

• Joe.edwards@f-e-t.com