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Month: February 2019

Diamond announces new contracts

February 11, 2019
| Archives

Diamond Offshore has reported on their Q4 earnings results: “We continued to make strong progress with another active contracting quarter resulting in approximately 33 months of additional backlog secured,†said Marc Edwards, President and Chief Executive Officer. “Among the new fixtures is a 15-month contract for the Ocean Valiant and a one-year contract for the Ocean Onyx, which

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Transocean adds 5 more contracts to their backlog

February 11, 2019
| Archives

Transocean Artic – Customer exercised two one-well options in the Norwegian North Sea and the rig was awarded a two-well contract with another customer in the Norwegian North Sea. The Artic was built in 1987, upgraded in 2004, Marosso 56 model 4th generation semi-submersible capable of drilling in harsh environment in water depths to 1,650′. Dhirubhai Deepwater

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AOGHS: 6 years ago the first well was drilled on Mars

February 9, 2019
| Archives

February 9, 2013 – NASA drills on Red Planet – Mars No. 1 Well? Curiosity’s 2013 first sample drilling hole beside a test of the bit. Photo courtesy NASA/JPL. Images transmitted from NASA’s robotic rover Curiosity confirm it drilled a well on the martian surface, marking “history’s first ever drilling and sampling into a pristine alien rock on the surface of another

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U.S. adds 4 rigs for this weeks rig count

February 8, 2019
| Weekly Rig Count

Baker Hughes, a GE company has posted Weekly Rig Count reports. Baker Hughes Rig Count: U.S. +4 to 1,049 rigs U.S. Rig Count is up 4 rigs from last week to 1,049 rigs, with oil rigs up 7 to 854 and gas rigs down 3 to 195. U.S. Rig Count is up 74 rigs from last year’s count

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2 Drillships and 2 Semis from the “Car Wash†scandal may be up for sale

February 8, 2019
| Archives

  Sete Brasil was created in 2010 to manage the construction of 28 drilling units in Brazilian shipyards to fulfill Petrobras contracts to drill its pre-salt plays, at a time when Petrobras unrealistically planned to be the sole pre-salt operator. However, after the corruption scandals denounced by operation Car Wash, which led to the cancellation of the contracts,

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NOPEC bill cleared a key hurdle in Washington yesterday

February 8, 2019
| Archives

(Bloomberg) — Legislation that would allow the U.S. government to sue OPEC for inflating oil prices cleared a key hurdle in the new session of Congress. The House Judiciary Committee, now led by Democrats, advanced the “No Oil Producing and Exporting Cartels Act†Thursday. That sets the bipartisan “NOPEC†bill, which would subject the cartel to possible antitrust

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Maersk Developer bags a contract with options from Cairn in Mexico

February 7, 2019
| Archives

Maersk Developer has been awarded a 110-day contract plus four optional wells with Cairn in Mexico, commencing in September, 2019 according to their fleet status update. Although Cairn has not noted the contract award on their website they did state in their operational update from January 22, 2019 that they would be drilling three exploration wells that are

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ExxonMobil makes two additional discoveries in Guyana

February 7, 2019
| Archives

(BUSINESS WIRE) ExxonMobil said today it made two additional discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells, bringing the total number of discoveries on the Stabroek Block to 12. The discoveries build on the previously announced estimated recoverable resource of more than 5 billion oil-equivalent barrels on the Stabroek block. Tilapia-1 is the fourth discovery in the Turbot area that

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Total finds a “world class†oil and gas play off the coast of South Africa

February 7, 2019
| Archives

French energy major Total said it had opened up a “world class†oil and gas play off the coast of South Africa following a significant discovery of condensate, likely sparking further exploration in the waters of Africa’s most developed economy. Total said the Brulpadda prospect, located 175km off the country’s southern coast, had encountered a “significant†find

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Leave us a review and win a free gift!

February 6, 2019
| Archives

  If you like what we do then let us know by becoming a patron through Patreon, for as little or as much as you would like! Hit the button below! Check out our other current stories! Seadrill and Sonangol form Sonadrill JV Someone asked me about the future of offshore drilling so I answered them… Explorers’ success in 2018

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