Drilling
News
June 09, 2023
The updated estimate of the discovery size is 53-90 MMboe, which is twice as large as the original pre-drill estimate and slightly larger than the preliminary estimates announced on May 25.
News
June 09, 2023
The plans for a strategic relationship between Vår Energi and Halliburton build on the already established one-for-all and all-for-one model and represents incentives to work as an integrated team toward common goals.
News
May 29, 2023
The Brazilian company has had an oil rig in place since early December, awaiting approval to drill in block FZA-M-59, costing around $1 million a day.
News
May 16, 2023
The contract covers the manufacture, transport, handling and repair of a broad range of casing materials used in offshore drilling activities.
News
May 10, 2023
The estimated 300-day contract is expected to commence in the first quarter of 2024. The contract also provides for a one-well option, potentially keeping the harsh environment semisubmersible in Australia through the first quarter of 2025.
News
May 08, 2023
The contract is for two wells plus optional well testing. The drilling program, including mobilization, is projected to commence in the fourth quarter of 2023.
News
April 28, 2023
The firm term of the contract is two wells approximating to 270 days. The contract value for the firm period excluding certain integrated services is approximately $61 million.
News
April 25, 2023
Shelf Drilling, Ltd. has secured a short-term contract for the Adriatic I for operations offshore Nigeria, with a firm term of 90 days and an estimated contract value of $11 million, excluding revenues for mobilization and demobilization.
News
April 19, 2023
The Transocean Enabler was awarded a 19-well contract in Norway at a current rate of $377,000 per day. Additionally, the Transocean Encourage was awarded a nine-well contract in Norway at a rate of $350,000 per day.
News
April 19, 2023
The vessel is equipped with the latest digitalization and automation solutions, ensuring the highest standards of safety and respect for the environment which place it at the top of the technological offering for ultra-deepwater projects.
News
April 13, 2023
ADNOC Drilling will provide IDS for the development of the Upper Zakum field, the largest producing field in ADNOC’s offshore portfolio.
News
April 11, 2023
The well targets a previously discovered gas pool, which was never previously produced, through a long reach directional well bore to enable production.
News
April 05, 2023
The offshore drilling contractor is working with a financial adviser, said the people, who asked to not be identified because the matter isn’t public.
News
April 04, 2023
The company will have a streamlined cost structure and will be well-positioned for further growth given its stronger credit and liquidity profile, providing attractive cash flows.
News
April 04, 2023
First oil from the well is expected in early April. Commissioning and start-up of the new gas lift compressor will follow the first oil activities on the FPSO.
News
March 29, 2023
The 73 million acre sale — one of the nation’s largest ever — being held by the Interior Department on Wednesday was one of several required under the Democrats’ climate law as a concession to Senator Joe Manchin to secure the bill’s passage in the Senate.
News
March 29, 2023
Kistos, a low carbon intensity oil and gas producer pursuing a strategy to acquire assets with a role in energy transition, provided an update on its drilling activities in the Netherlands and the United Kingdom.
News
March 28, 2023
Transocean Encourage and Transocean Enabler are 6th generation fully winterized, harsh environment semisubmersible rigs with automated drilling control specially designed for operations on the Norwegian continental shelf.
News
March 15, 2023
West Akcakoca 1 reached 3,839 m total measured depth and true vertical depth of 1,677 m. During the drilling, an abundance of gas pay was discovered.
News
March 14, 2023
Preliminary analysis of the logging-while-drilling and wireline log data available at Neon-2 has confirmed that, as at Neon-1, the Paleocene sandstone primary target zones are present and oil bearing at this location.
News
March 13, 2023
Ireland is becoming ever more reliant on Britain for gas supplies, with UK imports more than doubling since 2017 to 75% of Irish demand, and set to hit 90%, a report from OEUK will say.
