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Month: January 2021

Canada gives approval for three offshore drilling projects

January 16, 2021
| Archives

Canada’s Minister of Environment and Climate Change, Jonathan Wilkinson, announced on Monday that the proposed BHP’s Canada Exploration Drilling Project, Equinor’s Central Ridge Exploration Drilling Project and Chevron’s West Flemish Pass Exploration Drilling Project can proceed. The projects will allow the proponents to determine the presence, nature, and quantities of the potential hydrocarbon resources within their explorations licenses located

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January Newsletter

January 16, 2021
| Monthly Newsletter

Welcome back to another monthly newsletter from your friends here at Rig Lynx where our only mission is to connect people…simple. Top 5 Articles for December For December we had over 21k article views! News from NOV, Pacific, ExxonMobil, MHWirth and Seadrill. Rig Lynx Monthly Rundown - Top 5 for December Market WTI is sitting at $52.11 at the time of writing this,

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Rig Lynx Monthly Rundown – Top 5 for December

January 16, 2021
| Monthly Rundown

For December we had over 21k article views, here we will cover the top 5! News from NOV, Pacific, ExxonMobil, MHWirth and Seadrill We know that it's not that easy at the moment but we wish all of you well wherever you are, thanks for reading with us and we wish you a great start to January! Stay safe! National Oilwell Varco

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Rig Lynx Weekly Rundown – Borr Fleet Status Update holds Contract, Extension and LOA

January 16, 2021
| Weekly Rundown

Borr Fleet Status Update holds Contract, Extension and LOA Borr Drilling Limited is pleased to announce in its fleet status report today that it has entered into a new contract, an extension and received an LOA, adding USD 35.1 million over approximately 480 days to the total backlog, with good prospects for additional backlog on these units. Borr Fleet Status

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LNG to Power in Ghana, $4.3 Billion Gas Project in Senegal, Angola Payment Relief and Total Mozambique Scholarships WEST AFRICA WEEKLY EP 2

January 16, 2021
| West Africa Weekly

Greg and Arvy talk Oil Prices, LNG to Power in Ghana, $.3 Billion Dollar Gas Project in Senegal, Angola Payment Relief, Total Mozambique Scholarships SUBSCRIBE TO THE PODCAST: https://www.spreaker.com/show/west-africa-weekly LISTEN ON: ITUNES: https://podcasts.apple.com/us/podcast/west-africa-weekly/id1547856250 SPOTIFY: https://open.spotify.com/show/6PLPUWNRFumBHcJzUIQSps YouTube: https://www.youtube.com/c/RigLynx ADD US ON: LINKEDIN: https://www.linkedin.com/company/rig-lynx ADD US ON: INSTAGRAM: https://www.instagram.com/riglynx/ Tune in each Thursday at 8:00 am CST on Facebook, LinkedIn, YouTube and Periscope for our next episode! Rig Lynx LLC nor

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North America Rig Count: U.S. adds 13 and Canada adds 44

January 15, 2021
| Weekly Rig Count

Baker Hughes Rig Count: U.S. +13 to 373 rigs U.S. Rig Count is up 13 from last week to 373 with oil rigs up 12 to 287, gas rigs up 1 to 85, and miscellaneous rigs unchanged at 1. U.S. Rig Count is down 423 rigs from last year's count of 796, with oil rigs down 386, gas rigs

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Saudis $500 Billion Carbon Free City, Who has the Longest Pipe, Amazon and Parler OVERTIME EP 7

January 15, 2021
| OVERTIME

Greg and Ryan talk Oil Prices, 2020 – 2021 US Oil Production, Oil and Gas During the Pandemic, Saudi’s $500 Billion Carbon Free City, Who has the Longest Pipe, Crazy Football Play Names, Amazon and Parler, Spycraft and Quentin Tarantino SUBSCRIBE TO THE PODCAST: https://www.spreaker.com/show/overtime_16 LISTEN ON: ITUNES: https://podcasts.apple.com/us/podcast/overtime/id1543586841 SPOTIFY: https://open.spotify.com/show/011NdEFDU9kjroD2C6WJZR?si=p6H58eTDR-6FwiH7uB5KaA YouTube: https://www.youtube.com/c/RigLynx ADD US ON: LINKEDIN: https://www.linkedin.com/company/rig-lynx ADD US ON: INSTAGRAM: https://www.instagram.com/riglynx/ Tune in each Thursday at

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Pacific awarded contract with Petronas offshore Mexico

January 15, 2021
| Archives

In their fleet status report published this week, Pacific Drilling said that the assignment of Pacific Khamsin drillship to Total for Equinor’s second well was completed in November 2020. Pacific Khamsin drilled the Monument exploration well in the U.S. Gulf of Mexico for Equinor and found approximately 200 feet (c. 60 meters) of net oil pay with good reservoir characteristics in Paleogene sandstone. The discovery was

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Seadrill skips interest payment to noteholders

January 15, 2021
| Archives

Seadrill New Finance Limited, a company incorporated in Bermuda in 2018 and issuer of the 12.0% senior secured notes due 2025 (the “Notes”), has determined not to make the semi-annual 4% cash interest payment due to the senior secured noteholders on 15 January 2021 in respect of their Notes issued pursuant to the terms of the notes

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Maersk receives early termination from Dana on the Resilient

January 15, 2021
| Archives

Maersk Drilling has received notice of early termination for convenience of the one-well contract with Dana Petroleum Denmark B.V. which was first announced in Maersk Drilling’s May 2020 Fleet Status Report. Maersk Drilling expects to receive compensation in the form of a termination fee. The contract had previously been deferred from the date of originally expected commencement. Source: Maersk Join our

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