+1(833) 396-4204 info@riglynx.com
Menu

Author: Admin

White Paper: Exxon Mobil – Why Engine No. 1

May 15, 2021
| White Papers

With all the media buzz about Exxon and Engine No. 1 we put together a white paper and held a special episode of Overtime to engage thought about what the impact of green energy and renewables will be on some other less fortunate countries in the world. For the record we are pro-oil and gas, not pro-ExxonMobil, we

Read More...

Upstream spending may struggle to recover to pre-pandemic levels

May 14, 2021
| Archives

The toll of the Covid-19 pandemic on upstream investments in the first two years of the downturn is estimated at a whopping $285 billion, and although spending will slowly start to rise from 2022, it will not reach pre-crisis levels in the coming period, according to a Rystad Energy report. The shale sector has been the most

Read More...

Seadrill JV Sonodrill awarded 12 well contract for the Quenguela

May 14, 2021
| Archives

Seadrill Limited is pleased to announce a new contract has been secured by Sonadrill Holding Ltd (“Sonadrill”), the 50:50 joint venture with an affiliate of Sonangol E.P. (“Sonangol”). Sonadrill has secured a twelve well contract with one option for nine wells and eleven one well options in Angola for the Sonangol Quenguela drillship. Total contract value for

Read More...

Frontier Resources makes find offshore Namibia

May 14, 2021
| Archives

Houston-based international gas exploration company Frontier Resources International has announced active hydrocarbon system in Namibia while providing an operational update on its activities in southern African country. Interpretation of high-resolution magnetic data has revealed several deep-seated basement structures. Frontier’s Blocks 1723, 1724 and 1823 are in the Caprivi Basin in Northern Namibia covering an area of approx. 6,427 sq kms. A two-year Reconnaissance

Read More...

Shearwater awarded new seismic work offshore Brazil from Petrobras

May 14, 2021
| Archives

Shearwater GeoServices Holding AS announced the award of a 4D monitoring contract for towed streamer seismic acquisition in the Campos Basin offshore Brazil. These 3D and 4D programs will be conducted over 9-months by the SW Empress, over the Marlim, Albacora, and Voador fields, starting in late Q2 2021. 4D time-lapse seismic monitoring is a key reservoir management tool.

Read More...

Awilco issued their Q1 report, here are the highlights

May 14, 2021
| Archives

Awilco issued their Q1 report, here are the highlights: Awilco Drilling PLC reports contract revenue of USD 12.6 million (USD 8.6 million Q4), EBITDA of USD 3.7 million (USD 2.6 million loss in Q4) and a net profit of USD 1.3 million, (USD 152.9 million loss in Q4). Revenue efficiency was 87.5% during the quarter (54.1% in Q4)

Read More...

Maersk Drilling secures one-well contract extension with Total in Suriname

May 14, 2021
| Archives

Total E&P Suriname, Suriname Branch has exercised an option to add the drilling of one additional appraisal well in Suriname’s Block 58 to the work scope of the semi-submersible rig Maersk Developer. The contract extension has an estimated duration of 100 days, with work expected to commence in end-May 2021 in direct continuation of the rig’s previously

Read More...

Sample Image

Get Paid to Take Naps, Oil Prices, Hacked Pipeline, Int Market, Naga 7, NFL Disability, UFC OT EP 18

May 11, 2021
| OVERTIME

Listen to "Ep 18: Get Paid to Take Naps, Oil Prices, Hacked Pipeline, Intl Market Recovery, Naga 7 Punch Through, NFL Short Term Disability, UFC 262" on Spreaker. Join Greg and Ryan for another episode of Overtime! -Oil Prices -Hacked Pipeline -International Market Recovery -Naga 7 Punch Through -NFL Don’t Pay Short Term Disability -Kyrie Irving Does Not Talk to Pawns -UFC 262 -BKFC 17 & 18 -Get Paid to Take

Read More...