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Each week we go through all of our news in oil and gas and we find the ones that have been the highest viewed and share them all in one post so that you can devote your time through the week to other things, like actual work! All jokes aside, here they are, your top 5 for this week:
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What would become the world’s oldest continuously producing oil well was completed in 1861 near Rouseville, Pennsylvania. The McClintock No. 1 well, reaching 620 feet deep into the Venango Third Sand, initially produced 50 barrels of oil a day. The well was drilled 14 miles from Titusville, where America’s first commercial oil discovery was made two years earlier…
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The first Louisiana oil well discovered the giant Jennings oilfield in 1901 and launched the Pelican State’s petroleum industry. Almost a quarter million wells would be drilled by 2014.
Nine months after the 1901 headline-making oil discovery at Spindletop, Texas, oil erupted 90 miles to the east. W. Scott Heywood – already successful wildcatter at Spindletop – drilled a well that revealed the Jennings oilfield. His September 21 Louisiana gusher initially produced 7,000-barrels of oil a day…
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The Greater Houston Partnership has at last declared the end of the oil bust with almost all of the city’s major energy companies back in the black, ramping up spending and hiring to reflect higher crude oil prices and stronger profit margins…
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FAR Limited has selected its final well location for the upcoming Samo-1 well in its Gambian exploration program. Following reprocessing and interpretation of 3D seismic data, detailed mapping of the Samo Prospect and detailed well engineering, FAR Gambia Ltd, a wholly owned subsidiary of FAR Limited, as Operator of the block A2 joint venture, has approved a Samo-1 well location…
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The number of U.S. offshore rigs climbed up to 21 for week 33, according to weekly rig count reports released on Friday by Baker Hughes, a GE company.
Baker Hughes Rig Count: U.S. 0 at 1,057 rigs
U.S. Rig Count is unchanged at 1,057 rigs, with oil rigs unchanged at 869, gas rigs unchanged at 186, and miscellaneous rigs unchanged at 2.
U.S. Rig Count is up 111 rigs from last year’s count of 946, with oil rigs up 106, gas rigs up 4, and miscellaneous rigs up 1.
The U.S. Offshore Rig Count is up 1 rig to 21 and up 5 rigs year-over-year.
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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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