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

Author: Admin

Venezuelan ex-oil executive Márquez found dead in Madrid

July 23, 2019
| Archives

Police in the Spanish capital, Madrid, are investigating the death on Sunday of Juan Carlos Márquez, a former executive at Venezuela’s state-run oil company PDVSA. Mr Márquez, 48, had appeared in court on Friday over his alleged involvement in a money-laundering scheme. While he denied the allegations of money-laundering, he had reportedly agreed to collaborate with an investigation into

Read More...

Popular News – Top 5 from this past week!

July 22, 2019
| Weekly Rundown

Below are our top 5 articles for the week of July 15 – July 21! #1 with 963 views GOM region wide lease of 77.8 million acres set for August #2 with 299 views Seadrill grabs multi-well contract for the West Gemini #3 with 173 views Seadrill lands one well gig for the West Polaris #4 with 147 views Popular News – Top 5 from

Read More...

Maersk puts the ink down for the Resolute on a new contract with Perenco

July 22, 2019
| Archives

From Maersk Drilling LinkedIn Page: Exciting Monday morning news! Our jack-up MaerskResolute has been awarded a three-well contract with Perenco. The rig will move to the UK NorthSea to work on the Wollaston and Ravenspurn fields for an estimated 150 days, commencing in October this year. The contract includes eight one-well options. Looks like from other sources that

Read More...

Saipem grabs contracts for the Scarabeo 9 and Perro Negro 8

July 22, 2019
| Archives

Saipem has been awarded new offshore drilling contracts in Romania and Abu Dhabi for a total value of over 160 million USD. The contract involves the drilling of a well in Romanian waters of the Black Sea. Work is scheduled to start in the fourth quarter of 2019. The Scarabeo 9 semi-submersible vessel will be used, a drilling

Read More...

Noble scores two contract extensions

July 21, 2019
| Archives

Noble released their fleet status report with the below contract extensions: United Kingdom: • Noble Sam Hartley – Contract extension with Total, Mid-July 2019 to Mid-April 2020, as previously reported. Sam Hartley is a F&G JU-3000N jack up designed to work in 400′ of water. It was built at Jurong Shipyard and put into service in 2014. Saudi Arabia:

Read More...

99 years ago the Texas Company found the Permian Basin

July 19, 2019
| Archives

The Permian Basin made headlines in 1920 when a West Texas well found oil about 2,750 feet deep. The W.H. Abrams No. 1 well was named for Texas & Pacific Railway official William Abrams, who owned the land and had leased mineral rights to the Texas Company (later Texaco). After “shooting†the well with nitroglycerine, a column of oil announced discovery of the West

Read More...

No bids at B.C.’s July oil and gas sale

July 19, 2019
| Archives

There was no interest from industry in the lone oil and gas lease up for grabs at the provincial land sale this month. The 264-hectare lease in the Cecil Lake area went unsold at the July 17 sale. It’s the third month this year the province has failed to realize returns at its monthly auction of Crown petroleum

Read More...

Vedanta to invest $650 million in new oil and gas blocks

July 19, 2019
| Archives

Diversified mining company Vedanta Ltd said on Tuesday it will invest $650 million in its new oil and gas blocks that it won in the government’s last two rounds of auctions, chief executive of its oil and gas division Ajay Kumar Dixit said on Tuesday in New Delhi. It had won a total of 53 oil and gas

Read More...

GOM region wide lease of 77.8 million acres set for August

July 19, 2019
| Archives

U.S. Secretary of the Interior David Bernhardt today announced that the Bureau of Ocean Energy Management (BOEM) will offer 77.8 million acres for a region-wide lease sale scheduled for Aug. 21, 2019. The sale would include all available unleased areas in federal waters of the Gulf of Mexico. “The Trump administration is laser focused on developing our domestic

Read More...