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
Tom Bowes, Precision Drilling
Vice Chairman, Offshore
John Kilburn, Transocean
Vice Chairman, Industry Outreach
TBD
Staff Liaison
Mike DuBose, IADC
Join the Committee
Please contact the IADC Contracts Committee.
Meetings are open to IADC members.
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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. IADC Technical Committee meetings are not open to the Press.
Meeting Minutes
Meeting Schedule
| Date | Function | Location |
|---|---|---|
| 27 March 2025 | General Committee Meeting | Transocean |
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.
Resources
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
- Complete and release the “Interim IADC Standard Floating Rig Equipment List”.
- Update IADC Model Contracts with new Copyrights and Logos, if applicable and within budgetary restraints.
- Release interim “IADC Land Equipment List Short Version”.