Current News

Home   >   Current News   

2021 ended with an international rig count that increased by 169 rigs

Rig Lynx
  • By Rig Lynx
  • Jan 10, 2022
  • Category : Current News
  • Views : 39

 

Baker Hughes issued their international rig count data, here is the breakdown:

 

The international rig count for December is 834, up 17 units from the count in November and up 169 units from the 665 counted in December 2020.

 

  • Latin America is up 3 units to a total of 158 from the November count of 155 units and up 49 units year-over-year.

  • The Asia-Pacific region is down 2 units to a total of 193 and is up 29 units from its year-ago average of 164.

  • Africa is up 3 units to a total of 87 from the November count of 84 units and up 34 units from its December 2020 average of 53.

  • Europe is up 7 units to a total of 114 from the November count of 107 units, and up 17 units year-over-year.

  • The Middle East is up 6 units to a total of 282 from the November count of 277 units, and up 40 units year-over-year.

 

Source: Baker Hughes

 

Join our mailing list here


We are #1 on Google and Bing for the "Largest Mobile Energy Network"

Come join our community!

Download the Rig Lynx app here

 

Comments (0)

Leave Comment


Check out our other stories

Rig Lynx
Jan 15, 2022

  TotalEnergies E&P Suriname, Suriname Branch has exercised an option to add the drilling of one additional well in Block 58 offshore Suriname to the work scope of the drillship Maersk Valiant. The contract extension has an estimated duration of 100 days, with work expected to commence in March 2022 in direct continuation of the rig’s previously agreed work scope. The contract value of the extension is approx. USD 20.5m, including integrated services provided. Two one-well options remain on Maersk Valiant’s contract with TotalEnergies. Source: Maersk Join our mailing list here We are #1 on Google and Bing for the "Largest Mobile Energy Network" Come join our community! Download the Rig Lynx app here  

Rig Lynx
Jan 15, 2022

  Saipem has been awarded two new offshore contracts in Australia and Guyana, for a total amount of 1.1 billion USD.   Regarding the first contract, Saipem has received the Notice to Proceed (NTP) from Woodside, as Operator for and on behalf of the Scarborough Joint Venture, for a contract related to the Scarborough project. Saipem will complete the export trunkline coating and installation of the pipeline that will connect the Scarborough gas field with the onshore plant.    The Scarborough gas resource is located in the Carnarvon Basin, offshore Western Australia, and it will be developed through new offshore facilities connected by an approximately 430 km export trunkline with a 36”/32” diameter to a second LNG train (Pluto Train 2) at the existing Pluto LNG onshore facility. The development will be among the lowest carbon intensity sources of LNG globally. The first cargo is expected to be delivered in 2026.   The work assigned to Saipem is relevant to coating, transportation and installation of the trunkline, at a maximum water depth of 1,400 meters, including the fabrication and installation of the line structures and of the pipeline end termination in 950-meter water depth. Offshore operations are planned to start in mid-2023 and will be mainly conducted by the Castorone vessel.   The Scarborough Joint Venture comprises Woodside Energy Scarborough Pty Ltd (73.5%) and BHP Petroleum (Australia) Pty Ltd (26.5%). Woodside and BHP announced on 22 November 2021 that a final investment decision has been made by the Scarborough Joint Venture to proceed with the Scarborough Project.   The second contract has been assigned to Saipem by Esso Exploration and Production Guyana Limited (EEPGL), a subsidiary of ExxonMobil, for the Yellowtail development project located in the Stabroek block offshore Guyana at a water depth of around 1,800 meters.    Pending the necessary government authorizations and investment approval, the assignment of the contract allows the start of initial engineering and procurement activities necessary to proceed in accordance with the project program.   The contract relates to the Engineering, Procurement, Construction, and Installation (EPCI) of the Subsea Umbilicals, Risers & Flowlines (SURF).  Yellowtail is intended to be a greenfield development project encompassing subsea drilling centres, (each equipped with separate oil production, water injection and gas injection wells), linked to a new FPSO (Floating Production Storage and Offloading Unit).   Saipem’s flagship vessel FDS2 will conduct the offshore operations while Saipem’s fabrication facility in Guyana will build the deepwater structural elements.   Francesco Caio, CEO and General Manager of Saipem, commented:   'The award of these contracts represents a significant confirmation of the trust of our clients in Saipem’s ability to execute complex offshore projects worldwide. The Scarborough project will be mainly conducted by the Castorone vessel, our versatile and state-of-the-art asset, representative of the innovative and world-class offer which Saipem is able to provide the market. The recently opened Saipem fabrication facility in Georgetown will be involved in the execution of the Yellowtail project, ensuring a positive and tangible impact on the country'.   Source: Saipem   Join our mailing list here We are #1 on Google and Bing for the "Largest Mobile Energy Network" Come join our community! Download the Rig Lynx app here  

Rig Lynx
Jan 15, 2022

  Eni has been awarded five new exploration licenses by the Egyptian Ministry of Petroleum. The licenses, four of which as Operator, are in the Egyptian offshore and onshore, and follow the successful participation to the 2021 competitive 'Egypt International Bid Round for Petroleum Exploration and Exploitation' which was previously announced by the Egyptian General Petroleum Corporation and the Egyptian Natural Gas Holding Company through the Egypt Exploration and Production Gateway.   The licenses are located in the Eastern Mediterranean Sea (Block 'EGY-MED-E5' in partnership with BP 50%-50% and Block 'EGY-MED-E6' IEOC 100%), in the Gulf of Suez (Block 'EGY-GOS-13' IEOC 100%) and in the Western Desert (Blocks 'Egy-WD- 7' in partnership with APEX 50%-50% and 'EGY-WD-9' IEOC 100%) with a total acreage of about 8,410 sq km. The licenses are placed within prolific basins with proved petroleum systems able to generate liquid and gaseous hydrocarbons and can also rely on nearby existing producing and processing facilities and on a demanding market that will allow a quick valorization of the potential exploration discoveries.   The bid results are aligned with Eni’s strategy to keep exploring and producing gas to sustain the Egyptian domestic market and contribute to LNG export, thanks to the recent restart of the Damietta LNG plant.   Eni has been present in Egypt since 1954 and is currently the country's main producer with equity hydrocarbon production of around 350,000 barrels of oil equivalent per day.   Source: Eni   Join our mailing list here We are #1 on Google and Bing for the "Largest Mobile Energy Network" Come join our community! Download the Rig Lynx app here