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Its been 14 years since we lost a Hellfighter
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Famed oilfield well control expert and firefighter Paul “Red†Adair died at age 89 in Houston August 7 2004. The son of a blacksmith, Adair was born in 1915 in Houston. He served with a U.S. Army bomb disposal unit during World War II….
Apache and KAAC to merge and form a $3.5 billion corporation
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Apache Corp. will contribute its midstream assets at Alpine High to Altus Midstream LP, a partnership jointly owned by Apache and Kayne Anderson Acquisition Corp. (KAAC). At closing, KAAC will be renamed Altus Midstream Co., a C-corporation anchored by substantially all of Apache’s gathering, processing, and transportation assets at Alpine High in the Delaware basin.
“Alpine High contains more than 5,000 feet of vertical hydrocarbon bearing formations across approximately 340,000 contiguous net acres,†said John Christmann IV, chief executive officer and president of Apache….
Exxon in support of Permian Highway Pipeline
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ExxonMobil Corp. plans to support the proposed Permian Highway Pipeline (PHP) Project, signing a letter of intent for subsidiary XTO Energy to contract for as much as 450,000 dekatherms/day of capacity on the pipeline…
$3.7 billion Marcellus pipeline project halted by federal agencies for reroute
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A $3.7 billion pipeline in America’s biggest shale gas play could be rerouted after a federal agency ordered all work on the project to stop.
In a rare move, regulators on Friday ordered EQT Midstream Partners LP to halt construction on its 303-mi Mountain Valley conduit, which would carry natural gas from the Marcellus basin to southern markets. The decision follows a U.S. appeals court’s order a few weeks ago vacating two key permits for the project….
13 rigs added last week to Us rig count
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The US drilling rig count jumped 13 to reach 1,057 units working for the week ended Aug. 10, according to Baker Hughes data. The count is up 90 units from this time a year ago when the count stood at 954.
Offshore units were up 3 rigs from last week with 20 units working. A total of 1,035 rigs were drilling on land, up 10 units from a week ago. The number of rigs drilling in inland waters remained unchanged at 2 units working…
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Saipem exploring drilling division sell off Saipem SpA is considering a roughly 4 billion euro ($4.5 billion) restructuring package that could include a cash injection and asset sales. Read More Transocean lines another rig up for Petrobras Transocean to sign a new charter contract with Petrobras. The company took the lead in the oil company’s new request for quotation aimed at the international bid to carry out a drilling campaign in the Tayrona area, located offshore Colombia. Read More Seadrill emerges from bankruptcy after more than a year of restructuring Seadrill 2021 Limited has emerged from Chapter 11 after successfully completing its reorganization pursuant to its Chapter 11 plan of reorganization. Read More Chevron looks to sell off EG stakes for USD $1 billion Chevron is looking to sell its stakes in three oil and gas fields in Equatorial Guinea, hoping a recent rally in energy prices will help attract buyers. Read More Valaris fleet status update is out, multiple contracts awarded Valaris published a fleet status update and here are the highlights that have not been previously announced. Read More Visit Relynx Media Oil Prices Feb 28, 2022 WTI $95.84 Brent $98.02 Natural Gas $4.47 Rig Count U.S. & Canada - February 11, 2022 International - February 4, 2022 International Rigs ( +7 ) 841 U.S. Rigs ( +5 ) 650 Canada Rigs ( +4 ) 224 Join our mailing list here We are #1 on Google and Bing for the "Largest Mobile Energy Network" Come join our community! Download the Rig Lynx app here
Transocean updates on the Deepwater Titan Transocean recently announced that the drydocking for the 8th generation Deepwater Titan has been completed in Singapore at the Sembcorp facilities. It will soon be heading into its next phase moving out to sea. Read More Sack full of new contracts announced in Borr's Q4 results Borr Drilling issued its Q4 2021 presentation and we have the highlights right here. Read More Noble Corp issues Q4 results, currently sitting on $1.2 billion backlog Noble Corp issued their Q4 results and we have the highlights right here. Read More Noble scrapping the Clyde Boudreaux Noble Corp President and CEO Robert Eifler had a brief message during the Q4 results call about the Clyde Boudreaux. Read More Fox Petroleum Group soaring the skies with new Investment in Aviation Fox Rubicon Capital Partners signed a monumental global agreement for USD 1.5 Billion on a 9 year term for the aviation and aeronautics sector. Read More Visit Fox Oil Prices Feb 20, 2022 WTI $92.00 Brent $93.64 Natural Gas $4.43 Rig Count U.S. & Canada - February 11, 2022 International - February 4, 2022 International Rigs ( +7 ) 841 U.S. Rigs ( +10 ) 645 Canada Rigs ( +1 ) 220 Join our mailing list here We are #1 on Google and Bing for the "Largest Mobile Energy Network" Come join our community! Download the Rig Lynx app here
39 year old semi Olinda Star awarded 16 month contract Constellation secured a new charter contract for the 39-year-old semi the Olinda Star. The Brazilian group closed a deal with ONGC, guaranteeing 16 months of chartering, after presenting a best price in the bidding conducted by the oil company. Read More Aban sells Deep Driller 1 to ADES for $12 million Aban Offshore has approved the sale of Rig Deep Driller 1 owned by their subsidiary Deep Drilling 1 Pte Ltd subject to the approval of Shareholders. Read More Sparrows awarded 3 year contract with Serica Energy Sparrows Group announced a contract award from Serica Energy for crane operations and maintenance services on North Sea platform, Bruce. Read More Visit Relynx Media Shell to use Enhanced Drilling's Closed Riser CML services in deepwater GOM Enhanced Drilling (EDR) has recently received an order from Shell Offshore Inc. to supply a second EC-Drill® Controlled Mud Level (CML) system to be used in the Gulf of Mexico (GOM). Read More Aker Solutions signs 3 year extension with Equinor The contract provides work for Aker Solutions' operations in Trondheim, Bergen and Stavanger in particular, and will be managed from the company’s offices in Trondheim. Read More Oil Prices Feb 14, 2022 WTI $93.55 Brent $94.43 Natural Gas $3.94 Rig Count U.S. & Canada - February 11, 2022 International - February 4, 2022 International Rigs ( +7 ) 841 U.S. Rigs ( +22 ) 635 Canada Rigs ( +1 ) 219 Join our mailing list here We are #1 on Google and Bing for the "Largest Mobile Energy Network" Come join our community! Download the Rig Lynx app here
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