Hess Corporation-operated Tubular Bells deepwater project, located in the U.S. Gulf of Mexico, has started crude oil and natural gas production. The field is located 135 miles (217 km) southeast of New Orleans, in approximately 4,300 feet (1,310 m) of water in the Mississippi Canyon area. The discov
Chris Beckett, CEO of Pacific Drilling, has been named the EY Entrepreneur Of The Year™ 2014 National Energy, Cleantech and Natural Resources Award winner. The EY Entrepreneur Of The Year Award, a leading business award for entrepreneurs, encourages entrepreneurial activity and recognizes leaders an
Dolginskoye field operator Gazpromneft-Sakhalin (a subsidiary of Gazprom Neft) completed testing of a well drilled at the Dolginskoye field, Pechora Sea. The completion of geophysical and hydrodynamic testing will allow clarification of the underlying structure of the field and the development of a
Paragon Offshore, an offshore drilling contractor, has acquired 52,749,014 shares of Prospector Offshore Drilling S.A., a publicly traded offshore drilling company listed on Oslo Axess. Paragon acquired the shares at a price of 14.50 Norwegian kroner (NOK) per share, or $2.13 per share based on the
IPB Petroleum has informed that the Pryderi-1 exploration well in WA-424-P, off Australia, has reached a total depth of 694m (RT) in 12.25” hole late afternoon on November 15, 2014 with no moveable hydrocarbons being encountered. IPB Petroleum said that despite some residual oil shows encountered wh
Xcite Energy has entered into a Memorandum of Understanding (“MOU”) with China Oilfield Services Limited (“COSL”), which sets out the principles for the provision of a new-build Keppel FELS N Class Plus, harsh environment jack-up drilling rig, together with equipment and personnel for the Bentley fi
Last week’s most read story was the one about SBM Offshore’s bribery case settlement. Aker Solutions followed with an announcement that it will not be laying off staff. You also read about AMEC taking over Foster Wheeler; Tullow slashing exploration budget, rig incident in Russian arctic and Hallibu
Between 14 and 16 October 2014, the Petroleum Safety Authority (PSA) Norway carried out an audit of ConocoPhillips Skandinavia AS (COPSAS) and its management of emergency preparedness and helicopter operations at Ekofisk 2/4 L, in the Norwegian sector of the North Sea. Ekofisk 2/4 L is an accommodat
From 29 September to 2 October 2014, the Petroleum Safety Authority (PSA) Norway carried out an audit of Statoil within the domains of emergency preparedness, drilling and well technology on the West Venture semi-submersible drilling rig. West Venture is operated by North Atlantic Drilling (NAD) and
The Petroleum Safety Authority (PSA) Norway has given Statoil consent to use the Songa Dee semi-submersible drilling rig for production drilling on Gullfaks satellites, well template P, in the North Sea. The PSA says that the consent entails an extension of an existing consent for Songa Dee at Gullf
The global oil and gas industry is now facing the reality that many of its on and offshore wells are being used beyond the original lifespan. This presents significant uncertainty around the integrity, safety and productivity of the remaining service life, DNV GL says. DNV GL has established a Joint
Shell has received consent from the Petroleum Safety Authority (PSA) Norway to use semi-submersible drilling rig Transocean Barents for well plugging at Draugen, in the Norwegian Sea. Draugen is an oil field in the Norwgeian Sea in 250 metres of water. A/S Norske Shell (Shell) is the field’s operato
Serica Energy plc has confirmed that testing operations have now concluded on the SM-1 well on the Sidi Moussa Licence, offshore Morocco. The well was drilled to a total depth of 2,825 metres subsea and encountered oil in fractured and brecciated cavernous Upper Jurassic carbonates. During the cours
Opus Offshore, a Singapore-based drilling contractor, has taken delivery of its first drillship. According to Sino Ship News, a maritime news website based in China, the Opus Tiger 1 mid-water drillship was christened at CSSC’s Shanghai Shipyard on Saturday, November 8, 2014. The drillship is the fi
