Following a decline in the previous two weeks, the U.S. offshore rig count fell by one more unit last week according to weekly rig count reports by the oilfield services provider Baker Hughes. BHI Rig Count: U.S. +3 to 754 rigs U.S. Rig Count is up 3 rigs from last week to 754, with oil […]
Offshore driller Rowan Companies sank to a loss during the fourth quarter 2016 as its revenues dipped, driven by a decline in the deepwater and jack-up segment. For the quarter ended December 31, 2016, Rowan on Friday reported a net loss of $24.4 million, compared to net income of $124.4 million in
Offshore driller Songa Offshore expects its Songa Enabler drilling rig to resume drilling operations soon, following a suspension by Statoil. Songa Offshore on October 31, 2016, received a notification from Statoil for suspension of Songa Enabler and on December 29, 2016, the rig went on 75% suspens
Lundin Norway, operator of production license 533, has completed the drilling of wildcat well 7219/12-1 and appraisal well 7219/12-1 A, in the Barents Sea. The well proved oil and gas. The company gained a drilling permit for the wildcat in September 2016 and for the appraisal in January 2017. The p
Offshore drilling contractor Noble Corporation has been awarded a contract for a jack-up rig from ExxonMobil in Canada. In its fleet status report on Thursday, Noble reported that the 2013-built jack-up drilling rig Noble Regina Allen has been hired for a 22-well plug and abandonment (P&A) program,
Offshore driller Ocean Rig has received a contract termination for one of its drilling rigs and reached an agreement in a dispute over contract termination for another drilling rig. In its 4Q 2016 report on Wednesday, Ocean Rig said it has reached an agreement with ConocoPhillips to terminate the co
Danish offshore driller Maersk Drilling posted a video on Thursday via social media channels showing one of its XLE rigs offshore Namibia on its way to Norway.
Singapore’s Ezion is slashing 2017 capex and delaying delivery of four service rigs to stop the cash outflow amid the tough offshore oil and gas environment. The company said on Thursday it would reduce its originally planned capital expenditure by approximately $270 million with the indefinite post
Cairn Energy has reached a total depth of 2,852m at the SNE-5 well off Senegal, which is the first of two firm wells planed to further evaluate the SNE oilfield. Cairn, the operator, started drilling the SNE-5 appraisal well in January. The well is located in the southern area of the SNE oil field a
The Norwegian Petroleum Directorate (NPD) has granted Repsol Norge a drilling permit for well 6705/7-1, in the Norwegian Sea. The well 6705/7-1 will be drilled by the Transocean Spitsbergen drilling rig after completing the drilling of wildcat well 205/23-3a on the British side for Hurricane. The dr
Gazpromneft Sakhalin, a Gazprom Neft subsidiary, has hired Japan Drilling’s Hakuryu-5 semi-sub rig to drill the first prospecting and appraisal well on the Ayashsky block in the Sea of Okhotsk. Gazpromneft was awarded a license for the exploration, development, and production of hydrocarbons at the
Norway’s offshore safety body, the Petroleum Safety Authority (PSA), has found one improvement point during an audit of Statoil and its works on the Johan Sverdrup-bound Haven accommodation jack-up rig. Haven is a 2011-built, 4-legged self-elevating multi-purpose unit built for the North Sea harsh e
Offshore Energy Today has recently shared several, very informative and interesting articles written by David Carter Shinn, a partner in the offshore rig brokerage firm Bassoe Offshore. We’ve now decided to pick his brains on one of the subjects that matter most to the offshore rig owners – be it th
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