Each week we share with you trending articles from the industry
Apache and Total stop drilling offshore Suriname due to blowout risk
As drilling progressed, the well encountered substantial pressure increases that APA and Total determined could ultimately exceed the capabilities of the wellbore design and pressure control equipment.
Apache and Total stop drilling offshore Suriname due to blowout riskIsrael, Cyprus agree on framework for settling offshore gas dispute
Israel and Cyprus have reached an understanding over gas reserves straddling their maritime border, the Cypriot energy minister said on Tuesday, in a key step towards resolving a nine-year impasse over offshore spoils.
Israel, Cyprus agree on framework for settling offshore gas disputeValaris receives court approval of Chapter 11
"I am pleased that we have received strong support for the Company's amended plan. This is an important milestone, as it clears the path for Valaris to emerge from chapter 11 early in the second quarter," said Tom Burke, President and Chief Executive Officer of Valaris.
Valaris receives court approval of Chapter 11Aban Offshore puts 2 drillships and 4 jackups up for sale
Aban Offshore's board has approved the proposed sale of rigs namely Aban V, Aban VI, Drillship Aban Ice and Floating Production Unit (FPU) Tahara owned by the Company and Aban VII, Deep Driller 3 and Drillship Aban Abraham owned by its subsidiary.
Aban Offshore puts 2 drillships and 4 jackups up for saleExxon Mobil extends the West Saturn contract by three wells
Seadrill revealed in its fourth-quarter 2020 presentation that ExxonMobil has awarded a contract extension to for the use of the West Saturn drillship in Brazil.
Exxon Mobil extends the West Saturn contract by three wells
Overtime Ep 12
Oil Prices and Market Sentiment, Chevron’s Carbon Capture Project with Microsoft and Schlumberger, EIA Estimates for Next Year, Seems Crappy to us, Houthi Rebels Attack Saudi Terminal, JJ and the Cardinals, Fan Controlled Football and 10 Sec Video Pulls in over $6 Million
West Africa Weekly
West Africa Weekly is a live show that is hosted by Greg Williams and Arvy Kaur Nahar where we talk about oil and gas news, projects and developments you can sink your teeth into.
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Oil Prices
March 5, 2021
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WTI $65.57 |
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Brent $69.17 |
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Natural Gas $2.60 |
Rig Count
U.S. & Canada – March 12, 2021
International – March 5, 2021
|
International Rigs ( +24 ) 701 |
|
U.S. Rigs ( -1 ) 402 |
|
Canada Rigs ( -25 ) 116 |
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