Rig Lynx Weekly Rundown -Valaris DS4 and DS8 dock in Hunterston Pier just before New Years

Valaris DS4 and DS8 dock in Hunterston Pier just before New Years

According to local news and website Largs & Millport the DS4 and DS8 have successfully docked at Hunterston Pier in Scotland.

Both ships are in the lay up or warm stack mode, although the Hunterston Pier has been as of recent conversations about being a large decommissioning point in the UK.

Valaris DS4 and DS8 dock in Hunterston Pier just before New Years

 

Santos grabs Noble Tom Prosser for a Q2 spud in

The wells will be drilled using the Noble Tom Prosser jack-up rig, with the first well scheduled to spud in 2Q 2021, and production from the first well expected in 3Q 2021

Santos grabs Noble Tom Prosser for a Q2 spud in

 

Brava Star awarded multi-year contract

The Brava Star has been awarded a contract with Petrobras S.A. (“Petrobras”). The contract has an estimated duration of 810 days and includes a termination for convenience after 180 days subject to a demobilization fee.

Brava Star awarded multi-year contract

 

Egypt signs $1 billion worth of new agreements for offshore oil and gas exploration

The deals are with six international and local companies including Exxon Mobil Corp. and Chevron Corp., the state-run Middle East News Agency reported Friday, citing a statement from Oil Minister Tarek El Molla.

Egypt signs $1 billion worth of new agreements for offshore oil and gas exploration

 

Pacific emerges from bankruptcy 

Pacific Drilling S.A. announced that the Company and each of its debtor affiliates have emerged from the Chapter 11 process, signaling the successful completion of the Company’s balance-sheet

Pacific emerges from bankruptcy

 

Overtime Episode 6

Greg and Ryan talk Oil Price, Opec+, SKorea Diesel Trains, Hydrogen Fuel, Why Ryan was Detained in Beijing, Amazon in the Air and WandaVision 

Opec, Hydrogen Fuel, Ryan Detained in Beijing, Amazon in the Air and WandaVision OVERTIME EP 6

West Africa Weekly Episode 1

Greg and Arvy talk Oil Prices, Mozambique, ssLNG, Nigeria’s Harper Basin and Liberia

Mozambique, ssLNG, Nigeria Harper Basin and Liberia WEST AFRICA WEEKLY EP 1

 

Oil Prices

January 8, 2021

WTI

$52.61

Brent

$56.25

Natural Gas

$2.70

Rig Count

U.S. & Canada – January 8, 2021

International – January 8, 2021

International Rigs

( – 4 ) 666

U.S. Rigs

( + 9 ) 360

Canada Rigs

( + 58 ) 117

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