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Month: February 2023

APA announces discovery offshore Suriname

February 9, 2023
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U.S. oil producer APA Corp said on Wednesday that it had found oil after drilling Sapakara South-2 (SPS-2) appraisal well in Block 58, offshore Suriname. Exploration off the South American country’s coast has been watched closely as it is just over the border from massive oil discoveries made by an Exxon Mobil Corp-led consortium in Guyana that are

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Shelf Drilling Rig 141 gets extension offshore Egypt

February 9, 2023
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Shelf Drilling has secured a one-year contract extension for the Rig 141 jack-up rig in direct continuation of its current term with Gemsa Petroleum Company for operations in the Gulf of Suez offshore Egypt. Following this extension, the expected availability of the rig is February 2024. Source: Shelf Drilling Join our mailing list here

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Var Energi announces discovery in the Barents Sea

February 9, 2023
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Vår Energi has confirmed the discovery of oil in the operated 7122/8-1S Countach well in PL229 (Goliat), north-west of Hammerfest.  The well is currently drilled to 2 958m measured depth and oil has been encountered in the Realgrunnen and Kobbe formations. A sidetrack is planned to better define the size of the discovery. Extensive data is being collected for further

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Equinor announces oil and gas discovery in the North Sea

February 9, 2023
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Equinor has made an oil and gas discovery close to the Troll field in the North Sea. This is the seventh discovery in this area since the autumn of 2019. The name of the discovery is Røver Sør. According to preliminary estimates the size of the discovery is between 17 and 47 million barrels of recoverable oil equivalent, of which the majority

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Archer acquires Baker Hughes coil tubing and pumping business in the UK

February 9, 2023
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Archer has signed definitive agreements with Baker Hughes to acquire its coil tubing and pumping ('CT&P') business in the United Kingdom. The CT&P business includes four complete CT&P packages with supporting equipment, specialized and optimized for the UK market. As part of the transaction, Archer will take over a professional team of 51 employees in the UK, under a Transfer of Undertakings

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Petrobras issues fresh 4 rig tender

February 9, 2023
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Petrobras has issued a fresh tender aimed at contracting up to four drilling rigs, as the Brazilian state-controlled oil giant continues to replenish its fleet in an effort to try to secure long-term deals in a heated market with rising dayrates. The new bidding opportunity takes place as Petrobras chartered a total of seven rigs late last year

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Stena awarded 2 year extension for the IceMax in the GOM

February 7, 2023
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Stena Drilling announced that a contract extension has been signed with bp for the Stena IceMAX. This extension shall see the IceMAX mobilise to the United States Gulf of Mexico in direct continuation of the initial one (1) well programme (estimated 90 days) offshore Newfoundland, for a further scope of two (2) years. Source: Stena Drilling Join our mailing list here

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Aker BP granted new wildcat permit using the Scarabeo 8

February 7, 2023
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The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for well 25/4-15 in production licence PL 919. The well will be drilled at location 59° 40' 34.54'' N 2° 12' 22.56'' E by the Scarabeo 8 ultra deepwater 6th generation semi-sub. Licensees are: Aker BP (Operator) 80%; ConocoPhillips Skandinavia 20%. Planned spud date is Feb 2023. Source: NPD Join our mailing list here

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SLB completes acquisition of Gyrodata

February 7, 2023
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SLB has completed the acquisition of Gyrodata Incorporated, a global company specializing in gyroscopic wellbore positioning and survey technology. The transaction will incorporate Gyrodata’s wellbore placement and surveying technologies within SLB’s Well Construction business, bringing customers innovative drilling solutions. This combination will improve wellbore quality and reduce drilling risk to unlock even the most remote and complex reservoirs. Integrating three-axis

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The Weekly Rundown – February 6

February 5, 2023
| The Weekly Rundown

Weekly Rundown – February 6, 2023 Get all the trending news, rig counts and oil prices right here, each week - Transocean awarded work for KG2 offshore Brazil - Northern raises arbitration cash for drillship cancellation - Ocyan puts the West Capricorn to work - Guyana's third FPSO Prosperity on track for delivery - QatarEnergy joins TotalEnergies and Eni offshore Lebanon - Oil Prices -

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