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
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
DS 11 will receive a 20k psi upgrade for TotalEnergies GOM, 3.5 year term
Valaris has been awarded a 3.5-year contract with TotalEnergies for the highly anticipated high-pressure North Platte field development drilling campaign in the US Gulf of Mexico.
ExxonMobil announces new discovery in Campos Basin
ExxonMobil notified the National Petroleum Agency (ANP) this week about signs of oil and gas found in block C-M-789, in a water depth of 2,681 meters. The discovery was made in well 1-EMEB-1A-RJS (also called Opal-1A). The exploratory campaign in the block is being carried out with the West Saturn drillship.
JDC announces reorganization plans
Japan Drilling Company Ltd., Reorganization Company and Japan Drilling (Netherlands ) B.V., Reorganization Company announce that the Companies submitted proposed modified reorganization plans to the Tokyo District Court as of July 30, 2021
Overtime Ep 22
– 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
West Africa Weekly Ep 15
– 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
Oil Prices
August 9, 2021
|
WTI $66.80 |
|
Brent $69.22 |
|
Natural Gas $4.14 |
Rig Count
U.S. & Canada – August 6, 2021
International – August 9, 2021
|
International Rigs ( -7 ) 751 |
|
U.S. Rigs ( +3 ) 491 |
|
Canada Rigs ( +3 ) 156 |
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