Drilling
News
April 02, 2024
Transocean Ltd. announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico. The program is expected to commence in June 2024.
News
March 25, 2024
The Norwegian Offshore Directorate announced that it has granted Aker BP a drilling permit for exploration well 24/6-5 in production license 203 in Norwegian North Sea.
News
March 05, 2024
PETRONAS will drill the Sloanea-2 appraisal well starting in April 2024. A production test will also be carried out. The drilling platform is now drilling the Fusaea-1 exploration well in Block 52 and already drilled the first part of the Sloanea-2 well in February.
News
March 05, 2024
Diamond Offshore Drilling, Inc. has executed a two-year contract extension with a subsidiary of bp in the U.S. Gulf of Mexico for the Ocean BlackHornet, commencing in February 2025. This contract extension represents approximately $350 million dollars of additional backlog.
News
March 04, 2024
Shelf Drilling, Ltd. has secured a two-year contract extension for the Rig 141 jack-up rig in direct continuation of its current term with Gemsa Petroleum Company (“Gempetco”) for operations in the Gulf of Suez offshore Egypt.
News
March 04, 2024
Majors including Shell and Exxon Mobil Corp. have spent billions to acquire concessions and carry out exploration campaigns at pre-salt blocks without announcing significant discoveries and have even returned some of the blocks to Brazil’s oil regulator, known as ANP.
News
February 29, 2024
Perenco and its services subsidiary, Dixstone, have successfully designed and built a shallow water barge specifically for the campaign. The barge will complement Dixstone’s LUG platform, which over the past five years has delivered in excess of 16 MMboe in Cameroon.
Whitepaper
Making automated reservoir navigation a reality: How autonomous geosteering can unlock greater value from producing formations
February 21, 2024
Baker Hughes
News
February 21, 2024
The Hylia South West field is now producing 6,000 bopd from the HYSM-01 well, a material increase since the start of production in October 2023, less than one year after the discovery.
News
February 21, 2024
The integrated well construction services project is set to start in the first half of 2025 and will include drilling services, drill bits, wireline, cementing, wellbore clean up, fishing, remedial tools, fluids, services and geosciences. Baker Hughes will provide these services across three rigs over the course of the multi-year contract.
News
February 16, 2024
The aggregate incremental backlog associated with these fixtures is approximately $326 million. As of Feb. 14, 2024, the company’s total backlog is approximately $9 billion.
News
February 12, 2024
Borr Drilling Limited announced new contract commitments totaling 495 days and $82.2 million in contract revenue for three of its premium jack-up rigs.
News
February 09, 2024
The seven wells Exxon plans to drill are at least 100 km (62 miles) away from Venezuela’s claimed territory, Routledge said. Five are in the south-east portion of the Stabroek Block, closer to Suriname, while two are in the central section, he said.
News
February 08, 2024
The oil giant said it will drill new wells west of the Liza discovery and close to Venezuelan territorial waters, Exxon Guyana President Alistair Routledge told Demerara Waves. The dispute is “not inhibiting that activity in our plans,” he said.
News
February 08, 2024
Diamond Offshore Drilling, Inc. has executed a two-year contract extension with a subsidiary of bp in the U.S. Gulf of Mexico for the Ocean BlackLion, commencing in September 2024. Additionally, the company has entered into a drilling contract with Serica Energy (UK) Limited to utilize the Ocean Patriot for two plug and abandonment (P&A) wells in the U.K. North Sea.
News
February 07, 2024
The oil giant will drill the exploration wells west of the Liza field, which is producing oil, and closer to the border with Venezuela, Exxon Guyana President Alistair Routledge told Demerara Waves. The dispute is “not inhibiting that activity in our plans,” he said.
News
February 06, 2024
Built in 2013, the Tungsten Explorer is designed for deep offshore drilling. With a power capacity of 42MW, thrust capacity of 33MW, the rig can operate in a wide range of meteorological conditions and has a proven track record of safe drilling operations worldwide.
News
February 06, 2024
The Feb. 1 “equipment incident” involved the Ocean GreatWhite drilling rig about 125 miles (200 kilometers) west of the Shetland Islands, the company said in a U.S. filing on Monday. BP is leasing the vessel through at least August. Diamond Offshore describes it on its website as “one of the world’s largest ultra-deepwater harsh environment semisubmersible” rigs.
News
January 30, 2024
In one contract, Talos Production Inc. awarded the West Vela a drilling contract with an estimated duration of 150 days in the U.S. Gulf of Mexico.
News
January 30, 2024
SLB digital technologies for surface automation, autonomous on-bottom drilling, and directional drilling were combined to enable 99% of a 2.6 km section to be drilled in autonomous control mode. Over a five-well program, a 60% increase in rate of penetration was achieved, resulting in faster well delivery while reducing cost and carbon emissions.
Article
January 2024
A new performance solution for MPD applications was launched to address a substantial portion of the market between existing entry-level and premier tier offerings. The author details the differences in these solutions and presents a case study highlighting performance improvements.
