Completions
News
December 29, 2014
MOSCOW (Bloomberg) -- Russia may consider a rebate program to help service providers replace aging oil and gas rigs as U.S. and European sanctions bar technology imports, according to two government officials. The Energy Ministry proposed the state offer subsidized loans and cash bonuses for rigs older than 25 years to companies buying domestically manufactured rigs, according to the people, who asked not to be identified because the recommendation isn’t public yet.
News
December 29, 2014
ALBERTA, Canada -- Wentworth Resources has completed the drilling operations of the Tembo-1 well in the Rovuma onshore block, Mozambique and a natural gas discovery has been made in Cretaceous aged sands.
News
December 29, 2014
BROWNSVILLE, Texas -- Keppel AmFELS, a wholly-owned subsidiary of Keppel Offshore & Marine, has won a contract valued at over $100 million to build one of the world's largest land drilling rigs for a major operator.
News
December 26, 2014
ST PETER PORT, Guernsey -- Chariot Oil & Gas has reported that the farm-out signed between its wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) and a wholly owned subsidiary of Woodside, has been approved for the Rabat Deep Offshore permits I-VI by the Moroccan authorities.
News
December 24, 2014
HOUSTON (Bloomberg) -- Offshore oil-drilling contractors, who last year were able to charge record rates for their vessels, are now under pressure to scrap old rigs at an unprecedented pace.
News
December 23, 2014
Houston -- BPZ Energy has initiated production from the Corvina CX15-14D development well located in Peru.
News
December 23, 2014
STOCKHOLM, Sweden -- Lundin Petroleum, through its wholly owned subsidiary Lundin Norway, has completed the drilling of wildcat well 33/2-1 on PL555.
News
December 22, 2014
STAVANGER, Norway -- Statoil has received consent from the Petroleum Safety Authority (PSA) to use Scarabeo 5 drilling facility for plugging and production drilling of wells in the Norwegian Sea.
News
December 22, 2014
STAVANGER, Norway -- Lundin Petroleum has received consent from Petroleum Safety Authority (PSA) to carry out exploration drilling of appraisal well 16/4-9 S in a prospect named Luno II, in the central North Sea, to investigate the discovery's potential.
News
December 22, 2014
LIMERICK, Ireland -- Circle Oil has made a significant gas discovery following the preliminary results of drilling of the well KSR-12 in the Sebou Permit, onshore Morocco.
News
December 19, 2014
HOUSTON – Oilfield services giant Halliburton has issued a memorandum to its suppliers, asking for a 25% discount effective immediately. The vendors must confirm the discount no later than Dec. 31, 2014.
News
December 18, 2014
HAMRIYAH, United Arab Emirates -- Lamprell has completed construction of a further jackup rig, the Shuwehat, and delivered it to Abu Dhabi’s National Drilling Company (NDC).
News
December 18, 2014
LOUISVILLE, Kentucky -- U.S. shale producers may begin producing less as crude prices drop to five-year lows -- with some North Dakota Bakken operators already treading water -- as rig counts nationwide are poised to decrease by nearly 600 in the next six months, according to Genscape.
News
December 18, 2014
LONDON -- Rose Petroleum has announced that its wholly owned subsidiary, Rose Petroleum (Utah), has been granted the drilling permit from the State of Utah to enable operations to commence at its State 1-34 Mancos well in the Uinta basin.
News
December 18, 2014
PERTH, Australia -- Woodside it has finalized an agreement with BP to farm in to offshore blocks in the Scotian Basin, located off the coast of Nova Scotia, Canada.
News
December 17, 2014
HOUSTON -- Blackhawk Specialty Tools has developed the Hawkeye, a wireless top drive cement head that enhances speed, efficiency and safety in cementing operations.
News
December 17, 2014
LUXEMBOURG -- Subsea 7 has been awarded a contract by Hess Corporation for installation work in support of the Stampede Project in deepwater U.S. Gulf of Mexico.
News
December 17, 2014
KUALA LUMPUR -- 2H Offshore will deliver a lightweight conductor-supported platform for EQ Petroleum Developments Malaysia, a subsidiary of EnQuest, for installation in the Tanjong Baram field, offshore Malaysia.
News
December 16, 2014
HOUSTON -- Drilling Risk Management, Inc. (DRMI) set records for interval, ROP, and drilling footage using National Oilwell Varco (NOV) drill bits during three recent runs in Louisiana and Texas.
News
December 16, 2014
CALGARY, Alberta -- Encana has announced a highly focused 2015 capital program of between $2.7 billion and $2.9 billion, with approximately 80% directed to four of its highest margin growth plays; the Montney, Duvernay, Eagle Ford and Permian.
News
December 16, 2014
HOUSTON -- Hoover Container Solutions has announced the installation of Thermo Oxidizer units at its Scott, Louisiana, and Houston service facilities.
