Seadrill Limited strikes deal with Northern Ocean
Seadrill Limited announced that the Company has reached a settlement agreement with Northern Ocean Ltd. (“NOL”) predominantly with respect to balances outstanding from Seadrill’s preparation of the West Mira and West Bollsta rigs.
Total and Shell expect to spud in offshore Namibia in Orange Basin Q4 2021
The farmout process is currently underway. The wider context in offshore Namibia exploration is the drilling program in Namibia’s Orange Basin to be undertaken by the oil majors, Total (Venus-1) and Shell (PEL0039). Both wells are expected to spud in Q4 2021.
Sinogeo buys jack-up Java 2 from KS Drilling
New market player Sinogeo has bought a jack-up drilling rig from Singapore’s KS Drilling for what the industry officials described as an “extremely low price.
TotalEnergies and DS15 ready to spud in offshore Brazil
The two campaigns will be carried out by the Valaris Renaissance drillship (DS-15), recently chartered from Valaris to operate for a period of 400 days. The rig, which arrived in Brazil in July, is already on its way to Lapa, its first location.
Shelf Drilling puts more rigs to work with recent fleet status update
Shelf Drilling issued an updated fleet status report and here are the highlights
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 13, 2021
|
WTI $67.93 |
|
Brent $70.22 |
|
Natural Gas $3.86 |
Rig Count
U.S. & Canada – August 13, 2021
International – August 9, 2021
|
International Rigs ( -7 ) 751 |
|
U.S. Rigs ( +9 ) 500 |
|
Canada Rigs ( +8 ) 164 |
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