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Month: March 2019

Weekly Rundown – Top 5 stories from the past week

March 25, 2019
| Weekly Rundown

For this week in the #1 spot we have Island picking up some work with CNOOC, #2 is Precision getting rid of some iron and leaving Mexico, behind that we have Neptune grabbing the Beacon Atlantic new build for a 6 well gig, #4 is a piece about what social media means for all rotational working people

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U.S. and Canada drop rigs for the fourth week in a row on the Weekly Rig Count

March 22, 2019
| Weekly Rig Count

  Baker Hughes, a GE company has posted Weekly Rig Count reports. Baker Hughes Rig Count: U.S. -10 to 1,016 rigs U.S. Rig Count is down 10 rigs from last week to 1,016, with oil rigs down 9 to 824 and gas rigs down 1 to 192. U.S. Rig Count is up 21 rigs from last year’s count of 995, with

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Bassoe: 8 questions about the state of offshore drilling, get your answers in today

March 22, 2019
| Archives

So many issues, so many opinions. These eight questions are your chance to have your say and find out what others are saying about the offshore drilling industry. At Bassoe Analytics, we promote collaboration and sharing of knowledge and opinions via our open source offshore rig database.   And in our commentary, we regularly let you know what we think of

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Island Drilling picks up contract with CNOOC

March 22, 2019
| Archives

“Island Drilling Company AS is pleased to announce that the company has been awarded a contract with CNOOC Petroleum Europe Limited, a wholly-owned subsidiary of CNOOC Limited, to drill one well on the Howick prospect, located West of Shetland, Block 206/21. Drilling is scheduled to commence in Q2 2019. Island Drilling Management will be responsible for the operation

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GOM just saw the strongest sale in two years with $244 million in total high bids

March 22, 2019
| Archives

  Upstream operators in US Gulf of Mexico Lease Sale 252 on Wednesday focused much of their bids around existing discoveries or fields in proven productive areas, a harbinger of quicker production from that oil-prone arena and an ongoing trend in recent years. The auction, which fetched $244 million in total high bids and $284 million for all bids,

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What social media means for people that are on rotational work

March 19, 2019
| Archives

It’s 5 a.m. in the South Atlantic, Jim crawls out of bed, gets dressed and heads upstairs to chat before going on tour. Today is his daughters 16th birthday, so this day is like none other for his daughter. He is not there because he works rotational on a drilling rig offshore. Jim has been doing this for most of his

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Neptune Drilling picks up the Odfjell managed Beacon Atlantic for 6 wells plus

March 19, 2019
| Archives

Neptune Energy Norge AS has awarded a rig contract for six wells to CIMC Offshore AS. The contract concerns hire of the Beacon Atlantic semi-submersible drilling unit, which will be managed by Odfjell Drilling AS.Designed for harsh environments, Beacon Atlantic will be suitable for drilling three development wells on the Duva field (formerly Cara) starting at the

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Rig sale leads Precision to exit Mexico

March 19, 2019
| Archives

Precision Drilling Corporation is pleased to announce transactions to divest our five Mexico based drilling rigs and our water treatment business branded Terra Water Systems. We have entered into an agreement to sell five idle drilling rigs and ancillary equipment currently located in Mexico for US$48 million. To date, the Company has received US$30 million for the

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Weekly Rundown – Top 5 stories from the past week

March 18, 2019
| Weekly Rundown

From all of us here at Rig Lynx our heart felt thoughts are with the families of both of these men that were involved in the helicopter incident with Bristow in the Gulf of Mexico this last week, may they rest in peace. In the #2 spot we have The Miro tender for the Ex-Ocean Rig(s) that

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Wilhelmsen and Airbus trial world’s first commercial drone deliveries to vessels at anchorage

March 18, 2019
| Archives

Launching this week in partnership with Airbus, Wilhelmsen’s shore-to-ship Singapore pilot project, marks the first deployment of drone technology in real-time port conditions, delivering a variety of small, time-critical items to working vessels at anchorage. Lifting off from Marina South Pier in Singapore with 3D printed consumables from Wilhelmsen’s onshore 3D printing micro-factory, the Airbus Skyways drone navigated

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