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Month: August 2019

North America Rig Count: Canada up 3 and U.S. down 8

August 9, 2019
| Weekly Rig Count

Baker Hughes Rig Count: U.S. -8 to 934 rigs U.S. Rig Count is down 8 rigs from last week to 934, with oil rigs down 6 to 764, gas rigs down 2 to 169, and miscellaneous rigs unchanged at 1. U.S. Rig Count is down 123 rigs from last year’s count of 1,057, with oil rigs down 105, gas

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Occidental Completes Acquisition of Anadarko

August 9, 2019
| Archives

Occidental Petroleum Corporation today announced the successful completion of its acquisition of Anadarko Petroleum Corporation in a transaction valued at $55 billion, including the assumption of Anadarko’s debt. “With Anadarko’s world-class asset portfolio now officially part of Occidental, we begin our work to integrate our two companies and unlock the significant value of this combination for shareholders,â€

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Top 5 stories for the month of July

August 8, 2019
| Monthly Rundown

  Terrible incident on the Shell Auger sits at the top for last month, all of us here at Rig Lynx thoughts are with those families and crews. Valaris lines up a list of new work, GOM has a gulf wide lease, drilling record breaking wells in the Permian and Shelf grabs up some new work. For this month

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Petrobras circulates e-mail for bidding on the Vitoria 10000

August 8, 2019
| Archives

Petrobras and the Vitoria 10000 previous published link here, Today emails were sent around to interested parties with a link to allow for bidding to take place on September 18th. On July 24th,2019 was published in the Federal Official Gazette Call for Tender No. 5900.002.2019 for the International Bidding of the VITORIA 10000 drillship (NS-30). The electronic trading

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International Rig Count added on 24 rigs in July

August 8, 2019
| International Rig Count

Baker Hughes issued their international rig count data, here is the break down: The international rig count for July was 1,162, up 24 from the 1,138 counted in June and up 141 from the 997 counted in July 2018. Latin America is up 12 units from the previous month to 201 and is up 9 units year-over-year. The Asia-Pacific region

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Shelf Drilling’s Resourceful gets extended

August 6, 2019
| Archives

Shelf Drilling, Ltd. announced that it has secured a six-month contract extension on the Shelf Drilling Resourceful jack-up rig in direct continuation of its current contract for drilling operations offshore Nigeria. The rig is currently working for Chevron. Source: Shelf Drilling Photo: Shelf Drilling Check out our other current stories! Borr Drilling awarded another contract in MexicoPetronas signs exploration contract

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Borr Drilling awarded another contract in Mexico

August 6, 2019
| Archives

Reference is made to Borr Drilling Limited’s previously disclosed information regarding its two contracts in Mexico with Petróleos Mexicanos (“Pemexâ€), in what is referred to as “Cluster 2â€, under an integrated services model. The first rig, the “Gridâ€, has arrived on site and is currently commencing its contract, while the second rig, the “Gersemiâ€, is expected to

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Petronas signs exploration contract in Gabon, first company in 5 years

August 5, 2019
| Archives

Malaysia’s state-owned oil company has signed an agreement with Gabon for two exploration permits after the African country enacted a new oil law last month, the government said in a statement citing Noel Mboumba, Gabon’s petroleum minister. Petroliam Nasional Bhd, known as Petronas, already has a presence in Gabon and is the first company to sign an exploration

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Kosmos looking to sell interests in Mauritania and Senegal

August 5, 2019
| Archives

Oil and gas explorer Kosmos Energy expects to have agreed by the end of this year to sell down its stake in projects off the coast of Mauritania and Senegal in which it partners with BP, Kosmos said on Monday. In December, BP and its partners gave the green light for the development of the large Greater Tortue

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Popular News – Top 5 from this past week!

August 5, 2019
| Weekly Rundown

Below are our top 5 articles for the week of July 29 – Aug 4! This past week our news had over 8k views overall, the top 5 grabbed up over 4k of them. Enjoy the recap! #1 with 3,408 views EnscoRowan announces 7 contract awards, 8 extensions and 1 rig sold in fleet update status #2 with 578 views Ultra-deepwater

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