Ocean Rig, an international offshore driller, has signed a drilling contract with Statoil for a one-well drilling program offshore Tanzania. Ocean Rig said on Friday that the contract was expected to begin in the first quarter of 2018. The company added that the drilling operations would be performe
Danish driller Maersk Drilling has been awarded two contract extensions for two jack-up rigs working in the North Sea. Maersk said on Thursday that the jack-up Maersk Resolve was awarded a contract extension by Wintershall for the drilling of a third well in the ongoing drilling campaign. The drilli
The Norwegian safety body, the Petroleum Safety Authority (PSA), has given consent to Aker BP for modifications relating to gas lift at the Tambar field, in the North Sea. The modifications on the Aker BP-operated Tambar are related to a redevelopment project that was approved in March. The redevelo
American energy corporation ConocoPhillips has received consent to use the West Elara drilling rig for drilling and completion of water injection wells at the Ekofisk field in the North Sea. Norway’s safety watchdog, the Petroleum Safety Watchdog (PSA), said on Wednesday that the consent regards dri
Norway’s Bayerngas Norge has received consent from the Petroleum Safety Authority (PSA) to drill an exploration well in the North Sea with the Songa Enabler drilling rig. The well is located in production license 682 in the North Sea where Bayerngas is the operator. The offshore safety body has now
By Bartolomej Tomić Borr Drilling, a recently established offshore drilling company is getting bigger by the day, amassing a sizable jack-up fleet in a short space of time. The Oslo-listed company, as reported on Monday by Offshore Energy Today, has ordered a fresh batch of jack-up rigs – nine – fro
Norwegian oil major Statoil has hit dust in the Koigen Central wildcat well (7317/9-1) in the Barents Sea, offshore Norway. To remind, the Petroleum Safety Authority (PSA) gave Statoil a consent to drill the well using the Songa Enabler drilling rig in July. A consent to drill the well came from the
Oil company Lundin Norway has started drilling exploration well 7219/12-2 on the Hufsa prospect in PL533 in the southern Barents Sea. The well is located in PL533, south of the Filicudi oil discovery and the large Statoil-operated Johan Castberg oil discovery. According to Lundin’s statement on Mond
Offshore driller Borr Drilling Limited has signed a master agreement for the acquisition of nine premium jack-up rigs from Sembcorp Marine’s PPL Shipyard. Borr Drilling said last Friday that the acquisition would increase the company’s fleet to a total of 26 jack-up rigs once all rigs under construc
The Norwegian Petroleum Directorate (NPD) has granted Norwegian oil major Statoil a drilling permit for a Gina Krog wildcat well offshore Norway. The well, designated 15/6-14 S, will be drilled from the Maersk Integrator drilling rig, north of the Gina Krog field in the central part of the North Sea
The international offshore rig count in September 2017 dropped by 31 unit year-over-year, according to a Friday report by Baker Hughes, a GE company. The international offshore rig count for September 2017 was 190, down 11 from the 201 counted in August 2017, and down 31 from the 221 counted in Sept
Offshore driller Borr Drilling has teamed up with Schlumberger, world’s largest oilfield services company, to offer integrated, performance-based drilling contracts in the offshore jack-up market. Borr said it would offer the service by leveraging the Schlumberger global foot print, infrastructure a
By: David Carter Shinn High rig utilization isn’t just a dream. It’s a requirement for a meaningful recovery in dayrates. When utilization in the offshore rig market reaches around 85%, dayrates start to rise significantly. As utilization moves from 60%, for example, up toward over 80%, dayrates inc
Norwegian oil company Aker BP has completed the drilling of an appraisal well and a wildcat well in the North Sea offshore Norway. The appraisal well 25/2-19 S and wildcat well 25/2-19 A were drilled in the central part of the North Sea, about 12 kilometers northeast of the Frøy field and 200 kilome
