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Month: August 2021

Oceaneering bags new work with Exxon in Guyana

August 10, 2021
| Archives

Oceaneering International has been awarded a contract from Esso Exploration and Production Guyana Limited to provide two surveys offshore Guyana. Oceaneering will carry out a towed and autonomous underwater vehicle (AUV) geophysical survey and a shallow geotechnical survey off the coast of Guyana using the DP-2 Cape Davis, equipped with the 3,000 m-rated OS-VI AUV, towed geophysical sensors, and geotechnical

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Sinogeo buys jack-up Java 2 from KS Drilling

August 10, 2021
| Archives

Rig arrives offshore Hainan Island before being retooled for a shallow-water campaign in China. New market player Sinogeo has bought a jack-up drilling rig from Singapore’s KS Drilling for what the industry officials described as an “extremely low price. Source: Upstream Join our mailing list here

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Recon Africa provides Kavingo Basin well results

August 9, 2021
| Archives

Reconnaissance Energy Africa ('ReconAfrica') and its joint venture partner NAMCOR (the state oil company of Namibia) have provided, based on the mud logging report and geochemical analysis, more comprehensive data confirming a working conventional petroleum system. The Company also reports on additional drilling results and plans for the next phase of exploration in the Kavango Basin, NE Namibia and NW

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Kosmos Q2 Highlights, well positioned to grow shareholder value

August 9, 2021
| Archives

Kosmos Energy has announced its financial and operating results for the second quarter of 2021. For the quarter, the Company generated a net loss of $57 million, or $0.14 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net loss of $10 million, or $0.03 per diluted share

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Seadrill Limited strikes deal with Northern Ocean

August 9, 2021
| Archives

Seadrill Limited announced that the Company has reached a settlement agreement with Northern Ocean Ltd. (“NOL”) predominantly with respect to balances outstanding from Seadrill’s preparation of the West Mira and West Bollsta rigs. The settlement agreement closes all outstanding balances, claims and counter-claims between the companies and their respective subsidiaries by way of set-off as full and

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Rig Lynx Weekly Rundown – Valaris fleet status report, multiple new contracts adds over $1 billion to backlog

August 9, 2021
| Weekly Rundown

Valaris fleet status report, multiple new contracts adds over $1 billion to backlog Valaris shared their updated fleet status report and here are the highlights Read More Noble reports on Q2 with three new contracts and over $1 billion in backlog Noble issued their financial results for Q2 and here are the highlights Read More DS 11 will receive a 20k psi upgrade for

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International Rig Count sits at 751, here is the breakdown

August 9, 2021
| International Rig Count

Baker Hughes issued their international rig count data, here is the breakdown: The international rig count for June is 751, down 7 units from the count in June and up 8 units from the 743 counted in July 2020. Latin America is down 9 units to a total of 134 from the June count of 143 units and is up 60 units year-over-year. The Asia-Pacific

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Ghana $1 billion loan request, Senegal & Nigeria, Algerian Petro Institute sign partnership WAW 15

August 9, 2021
| West Africa Weekly

Join Greg for another episode of West Africa Weekly! This week: - Oil Prices - Ghana seeks loan approval to accelerate oil and gas exploration - Senegal partners with Nigeria for oil sector development - Algerian Petroleum Institute signs training partnership with Senegal 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/ Rig Lynx LLC nor Arvy Nahar own

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YouTuber Alien Abduction, Shell, NewsCorp, UFC 265, No Face Paint, Felony Embezzlement OT EP 22

August 9, 2021
| OVERTIME

Join Greg and Ryan for another episode of Overtime! - Oil Prices - Shell’s Permian Play - NewsCorp Wants the Oil Data - No Headdress, No Face Paint, No Cheerleaders - UFC 265 - YouTuber Abducted by Aliens - Felony Embezzlement Over VHS Tape 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/ Rig Lynx LLC nor War Room Media own any of the

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North America Rig Count: U.S. adds 3 and Canada adds 3

August 6, 2021
| Weekly Rig Count

Baker Hughes Rig Count: U.S. +3 to 491 rigs U.S. Rig Count is up 3 from last week to 491 with oil rigs up 2 to 387, gas rigs unchanged at 103, and miscellaneous rigs up 1 to 1. U.S. Rig Count is up 244 rigs from last year's count of 247, with oil rigs up 211 gas rigs

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Recent Posts

  • Formal Webpages, Real Gamble Guide & Demonstration
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  • International Rig Count up 12% from last year
  • North America Rig Count: U.S. -4 to 751 Canada -12 to 127
  • Seadrill backlog sits at $2.3 billion with Q4 2022 earning report

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