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Talos Energy pics up Whistler Energy II for $52 million | OutPut by Rig Lynx

September 5, 2018

Talos Energy Inc. has acquired privately-owned Whistler Energy II, LLC in a $52 million deal, the company announced September 4. Click To Tweet Whistlerâ€™s assets have a year-to-date gross production of 1,900 barrels of oil equivalent per day. The acquired assets include a 100 percent working interest in three Central Gulf of Mexico blocks â€“ Green Canyon 18, Green

New 600-mile Permian pipeline system to Houston | OutPut by Rig Lynx

September 5, 2018

| Archives

Pipeline giants Energy Transfer Partners, Magellan Midstream Partners and others are teaming up on a new, 600-mile Permian pipeline system to Houston. Dallas-based Energy Transfer and Oklahomaâ€™s Magellan said theyâ€™ve partnered with Israelâ€™s Delek Group and Ohio-based MPLX, which is the pipeline arm of Marathon Petroleum, to fund the construction of the multibillion-dollar pipeline project. They said they

Why is Houston the center of oil and gas for the United States? | OutPut by Rig Lynx

September 5, 2018

| Archives

SayÂ Detroit, and people think cars. Houston is no different. The cityâ€™sÂ oil and gas industry is a broad reflection of the industry as a whole, from the oil and gas extraction, oil services, machinery and fabricated metals that make up the upstream sector to the midstream pipeline construction and management; the Houston Ship Channel is home to a

First Mississippi Oil Well | OutPut by Rig Lynx

September 4, 2018

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The first Mississippi oil well was drilled in 1939 after a Yazoo County geological survey by a young geologist who had sought a suitable clay to mold cereal bowls for children. â€œIt all began quite independently of any search for oil,â€ noted a southern history journal decades later. Frederic Mellen became president of the Mississippi Geological Survey in

Transocean purchases Ocean Rig for $2.7 Billion | OutPut by Rig Lynx

September 4, 2018

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September 4, 2018 Enhances Transoceanâ€™s position as the leader in ultra-deepwater and harsh environment drilling; Adds nine high-specification ultra-deepwater drillships, two harsh environment semisubmersibles, and two high-specification ultra-deepwater drillships currently under construction; Results in a combined fleet of 57 floaters, with 17 of the top 50 and 31 of the top 100 ultra-deepwater drillships in the industry(1); Enhances Transoceanâ€™s exposure to,

OOS secures 15 month contract for the Tiger 1 drillship with Pemex | OutPut by Rig Lynx

September 4, 2018

| Archives

OOS Energy an offshore service provider from the Netherlands, part of the OOS Group, is extremely proud to announce that it has secured its first contract in Mexico. Cor Selen (CEO & co-founder of OOS Energy) says: â€˜This award is an enormous step forward for our company, OOS Energy will provide the OOS Tiger 1 drillship including vessel

Clock is ticking on sulfur content reduction in marine fuel | OutPut by Rig Lynx

September 3, 2018

| Archives

The world is ticking down to a deadline that promises to have major ramifications in the global fuel markets.Â On January 1, 2020, the International Maritime Organization (IMO) will require the sulfur content in marine fuel to drop from a maximum of 3.5 percent down to 0.5 percent. The rule is meant to curb pollution from ships. Combustion of

SBM comes to an agreement of $48 million with Brazilian prosecutors | OutPut by Rig Lynx

September 3, 2018

| Archives

Dutch FPSO provider SBM Offshore has reached a deal with the Brazilian prosecutor under which the prosecutor will refrain from initiating new legal proceedings against the company related to legacy bribery issues in Brazil. Following aÂ leniency agreementÂ in July with Brazilian Authorities CGU (MinistÃ©rio da TransparÃªncia e Controladoria-Geral da UniÃ£o) and AGU (Advocacia Geral da UniÃ£o) and Petrobras that

Vantageâ€™s Topaz Driller takes on 2nd Etinde appraisal well | OutPut by Rig Lynx

September 3, 2018

| Archives

Oil and gas company New Age has spudÂ the IE-4 appraisal well at the Etinde block offshore Cameroon. The Etinde block is operated by New AgeÂ with a 37.5% working interest.Â Bowleven and Lukoil are partners with a 25% and 37.5% working interest, respectively. Bowleven announced the spud of the IE-4 well, the second of two appraisal wells to be drilled in

Poseidon lines up for Tullow in Namibia | OutPut by Rig Lynx

September 3, 2018

| Archives

Ocean Rig-owned drillship Poseidon has reached the drilling site of Cormorant-1 well located in PEL 37 license offshore Namibia, which is operated by Tullow Oil. The participants in Cormorant-1 well are Tullow Namibia Limited (operator) with a 35% interest; Pancontinental Namibia with a 30%; ONGC Videsh with a 30%; and Paragon Oil & Gas with the remaining 5%

Archives

Talos Energy pics up Whistler Energy II for $52 million | OutPut by Rig Lynx

New 600-mile Permian pipeline system to Houston | OutPut by Rig Lynx

Why is Houston the center of oil and gas for the United States? | OutPut by Rig Lynx

First Mississippi Oil Well | OutPut by Rig Lynx

Transocean purchases Ocean Rig for $2.7 Billion | OutPut by Rig Lynx

OOS secures 15 month contract for the Tiger 1 drillship with Pemex | OutPut by Rig Lynx

Clock is ticking on sulfur content reduction in marine fuel | OutPut by Rig Lynx

SBM comes to an agreement of $48 million with Brazilian prosecutors | OutPut by Rig Lynx

Vantageâ€™s Topaz Driller takes on 2nd Etinde appraisal well | OutPut by Rig Lynx

Poseidon lines up for Tullow in Namibia | OutPut by Rig Lynx

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