Oil company Wintershall has completed the drilling of two wildcat wells near the Vega field, in the North Sea offshore Norway, without a significant oil discovery. The Norwegian Petroleum Directorate (NPD) announced on Monday that Wintershall completed wildcat drilling of exploration wells 35/8-6 S
U.S. offshore rig count recovered by two units during last week, according to a report by the oilfield services provider Baker Hughes. BHI Rig Count: U.S. -2 to 404 rigs U.S. Rig Count is down 2 rigs from last week to 404, with oil rigs unchanged at 318, gas rigs down 2 to 85, and […]
Offshore drilling contractor Noble Corporation is set to stack two semi-submersible drilling rigs and two drillships. The drilling contractor said in its latest fleet status report that the 1986-built Noble Dave Beard was under tow to Singapore where it would be cold stacked. Furthermore, Noble said
Offshore deepwater drilling services provider Ocean Rig posted a rise in its profit and revenues for the first quarter of 2016 when compared to the year-ago quarter. The offshore driller on Thursday reported a net income of $288 million in the first quarter of 2016, as compared to a net income of $4
Rosneft, Keppel Offshore & Marine and MH Wirth have signed shareholders’ agreement on establishing a Joint Venture (JV) for the creation of Design and Engineering Center for offshore drilling rigs in Russia. The main tasks of the center established by the JV (Rosneft – 45%, Keppel Offshore & Marine
Oil and gas company Cairn Energy has completed the SNE-4 appraisal well offshore Senegal. The well is now being plugged and abandoned and the rig will be released. Senegal PSC partners are Cairn Energy, the operator, with 40% interest, ConocoPhillips 35%, FAR 15%, and Petrosen 10% interest. The SNE-
The Norwegian Petroleum Directorate (NPD) has granted Faroe Petroleum a drilling permit for an exploratory well in the North Sea offshore Norway. NPD said on Thursday that the well 31/07-01 would be drilled from the Transocean Arctic semi-submersible drilling rig in production license 740. The produ
The Norwegian Petroleum Directorate (NPD) has granted Total E&P Norge a drilling permit for an exploratory well in the North Sea, offshore Norway. NPD said on Wednesday, that the 30/4-3 S exploratory well will be drilled with the Mærsk Intrepid jack-up rig in production licence 040/043. The area is
Mubadala Petroleum has started drilling the Sri Trang-1 exploration well in the Northern Gulf of Thailand. Mubadala made plans to drill the well after it started drilling the first of two development wells on the Manora field in March. The Sri Trang-1 exploration well is located in the Reservation A
Tullow has obtained an approval to conduct exploration drilling in its licence in the North Sea, offshore Norway. The drilling permit, granted by the Norwegian Petroleum Directorate, is for the wellbore 16/5-6, located in the production licence 776. Tullow will use the Borgland Dolphin semi-submersi
Mexican state-owned oil company Pemex has terminated a contract for the jack-up drilling rig Deep Driller 1 three months ahead of its original expiry. The jack-up rig’s owner is Deep Drilling 1 and it is managed by the offshore drilling contractor Aban Offshore. Deep Drilling 1 said on Tuesday it re
UK-based offshore driller Ensco has reportedly decided to stack three drillships and one semi-submersible rig thus affecting 350 jobs in Houston. According to a WARN Notice sent to the Texas Workforce Commission, Ensco started the workforce reduction process, that will last for 60 days, on May 11, 2
Advent Energy is currently evaluating what type of rig to use for a drill target in the PEP11 in the Sydney Basin, offshore Australia. PEP11 is held 85% and operated by Asset Energy, a wholly owned subsidiary of Advent Energy, an investee entity of MEC Resources. Bounty Oil & Gas NL holds the remain
Australian oil and gas company Santos started drilling the AAL-4X appraisal well at the Northwest Natuna production sharing contract (PSC) offshore Indonesia on Saturday, May 14, 2016. The Joint Venture partners in the Northwest Natuna PSC are AWE, with 50% stake, and Santos as the operator with the
