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Month: January 2019

Weekly Rundown #1! (With Audiocast and Video)

January 19, 2019
| Weekly Rundown

Rundown Audiocast   Rundown Video Episode Our Top 5 articles for this week! “Should be signed soon†states Bassoe on Petrobras two rig deal with Transocean #1 with 736 views 22 Rescued from Listing Cable Layer after Collision with Tanker #2 with 356 views Canyon pushes Ensco to raise bid, stating “flawed sales process†#3 with 282 views Seadrill picks up 6 well deal for the West

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Weekly Rig Count: Canada up for the 2nd week in a row

January 18, 2019
| Weekly Rig Count

    Baker Hughes, a GE company has posted Weekly Rig Count reports. Baker Hughes Rig Count: U.S. -25 to 1,050 rigs U.S. Rig Count is down 25 rigs from last week to 1,050 rigs, with oil rigs down 21 to 852 and gas rigs down 4 to 198. U.S. Rig Count is up 114 rigs from last year’s count of 936,

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Husky Ends Hostile Takeover Bid

January 18, 2019
| Archives

Husky Energy Inc. said Jan. 17 it will not extend its hostile bid for MEG Energy after failing to get sufficient support from the rival oil producer’s board and shareholders. Husky’s C$3.3 billion (US$2.5 billion) offer in September to buy MEG for C$11 in cash per share or 0.485 of a Husky share, expired at 5 p.m. EST

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You just missed this oil major tendering for 282 bits

January 18, 2019
| Archives

Petrobras has launched a tender to hire drill bits. The announcement, which is available at the state-owned procurement portal (Petronect), provides for the supply of 282 drill bits for projects in Espírito Santo and Northeast. The tender is divided into 11 lots, with quantities ranging from one to 90 drill bits for delivery to four Petrobras units: Japaratuba

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Ensco gives Rowan more time to review the “Enhanced Proposalâ€

January 18, 2019
| Archives

    Ensco plc today announced that it intends to convene and adjourn the Company’s General Meeting scheduled for January 23, 2019, which was scheduled to approve resolutions relating to the transaction with Rowan Companies plc (“Rowanâ€) entered into on October 7, 2018. On January 14, 2019, Ensco provided an enhanced proposal to Rowan whereby Rowan shareholders would receive 2.600

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AOGHS: Dr. Seuss and the Oilfield!

January 17, 2019
| Archives

Not many people know this story but we would like to thank the American Oil and Gas Historical Society for bringing all of this information under one roof at AOGHS.org New York City’s Judgemagazine included its first cartoon drawn by Theodore Seuss Geisel – who would develop his skills as “Dr. Seuss†while working for the Standard Oil Company

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Seadrill picks up 6 well deal for the West Vencedor

January 16, 2019
| Archives

(GLOBE NEWSWIRE) Seadrill Partners LLC (“SDLP†or “the Companyâ€) has secured a six well contract with three option wells for the West Vencedor offshore Cote d’Ivoire. Backlog for the firm portion of the contract is expected to be approximately $20 million with commencement expected in Q3 2019 and running through Q2 2020. The West Vencedor is a 2009 model

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Rystad: Offshore Market To Outpace Shale This Year

January 16, 2019
| Archives

    Rystad Energy forecasts offshore spending will outgrow spending on onshore shale activities this year. Service companies exposed to the offshore subsea market and the maintenance, modifications and operations (MMO) sector are set to benefit from this trend reversal. At current oil price levels, spending on land rigs, fracking and other services for the shale industry is likely to

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2018 Shout Out Video!

January 16, 2019
| Archives

2018 Was an awesome year for Rig Lynx, here is a small video thanking all of our members as well as our sponsors for all the work and love they give us throughout the year! Sponsor Links: STX Americas Roseland Oil and Gas KBA Systems Verifize RAI West Africa 3 D Media K9 Pipe Inspections Oil Country Media Check out our other current stories! 2019 Interested

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