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Halliburton CEO Expects Permian Bottlenecks Gone By End of ’19

November 9, 2018
| Archives

(Bloomberg) Halliburton Co. expects bottlenecks in America’s busiest oil field to be relieved by the end of next year. A series of catalysts will drive drilling and fracking activity in the Permian Basin of West Texas and New Mexico throughout the next year, Jeff Miller, chief executive officer of the world’s biggest fracker, said during a Bloomberg TV

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OutPut’s Top 5 for October!

November 6, 2018
| Monthly Rundown

  This month has been full of “Drilling Contractor†news, and that’s great for all our people out there still looking for work. Ensco sets at both the #1 and #2 spots with some big movements for them, the two scheduled hiring events as earlier report is up to over 28k views and next up is the merge/buyout

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OutPut’s Weekly Top 5

November 4, 2018
| Weekly Rundown

This week’s top of the list is Ensco’s hiring events taking place in Mississippi and Louisiana, it had over 22k views so far this week, followed up behind that with Rowan’s drillship the “Reliance†tags on a 1 year contract with Fieldwood, those contracts are hard to come by these days, of course no dayrate advertised but

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Rigzone: US has added 65k jobs in oil and gas so far this year

November 3, 2018
| Archives

The U.S. added 5,000 mining jobs for the month of October, according to data released Nov. 2 by the U.S. Bureau of Labor Statistics (BLS). The month’s gains continue the trend of 2018. The industry has added 65,000 jobs over the year, according to the BLS. The bulk of these gains come from support activities for mining. In October,

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U.S rig count down by 1 this week

November 3, 2018
| Weekly Rig Count

  The US drilling rig count is down 1 unit to 1,067 rigs working for the week ended Nov. 2, according to Baker Hughes data. The count is up 169 units from the 898 rigs working this time a year ago. Rigs drilling on land remained unchanged at 1,046 units for the week. Offshore units were down a single

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The Fatih spuds Alanya 1 in Mediterranean, 150 day duration

November 2, 2018
| Archives

Turkish drilling vessel Fatih began its first well-drilling operations yesterday in the Mediterranean. The country looks to boost its presence in the region with another well next month, and a second drillship in the near future Efforts to cement Turkey’s position as a key energy player in the highly contested and competitive Mediterranean region were crowned with the

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Ensco confirms contract duration with Total for the DS9

November 2, 2018
| Archives

Ensco DS-9 has been awarded a one-well, four-month, contract with Total offshore French Guiana. The contract, Ensco said, is expected to start in January 2019, and end in April of the same year. Ensco CEO Carl Trowell said: “We wouldn’t have brought that rig out for just that one contract if we didn’t think there was a very good chance it could go

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American Oil and Gas Historical Society | Sucker Rod History

November 1, 2018
| Archives

  Samuel Jones had worked as a potboiler, pumper, tool dresser, blacksmith, and pipe layer Samuel Jones patented a sucker rod design for his Acme Sucker Rod Company, which he had founded in 1892 in Toledo, Ohio. With his “Coupling for Pipes or Rods,†Jones applied his oilfield experience in mechanics to solve the frequent and time-consuming problem of

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More work for Odfjell’s Deepsea Bergen

November 1, 2018
| Archives

Odfjell Drilling has today signed a Letter of Intent for Deepsea Bergen with MOL Norge for one exploration well in direct continuation of the contract with OMV Norge, estimated to expire in Q3/Q4 2019.  The estimated duration is approximately 50 days plus possible well testing. The addition of the well with MOL Norge will keep Deepsea Bergen continuously employed

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