Rig Lynx Weekly Rundown – Borr shows 40 plus jackups needed to fill potential demand for 2022

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Borr shows 40 plus jackups needed to fill potential demand for 2022

Borr Drilling released its new investor presentation and it shows a potential demand of 40+ jackups units needed to fill prospect regions heading out of 2021 into 2022

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Constellation bags 3 year contract with Petrobras

Constellation was awarded a new contract with Petrobras for the ultra-deepwater drillship Laguna Star. The duration of the contract is 1,095 days and start-up is scheduled for January 2022.

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Petrobras extends Transocean’s PB10K for another 2 years

Petrobras will extend the term of the charter contract for the Petrobras 10,000 drillship, operated by Transocean. The two companies closed an agreement for another two years.

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The original oilfield messenger

BP awards Valaris with more work offshore Mauritania and Senegal 

Valaris Limited announced that it has been awarded a four-well contract with BP offshore Mauritania and Senegal for drillship, VALARIS DS-12.

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Diamond Offshore signs global training agreement with Maersk

Maersk Training will deliver ‘fit for purpose’ and industry-leading immersive simulation and crew resource management training for Diamond Offshore crews worldwide under a new global training management and service (TMS) agreement.

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Oil Prices

July 12, 2021

WTI

$74.06

Brent

$75.17

Natural Gas

$3.67

Rig Count

U.S. & Canada – July 9, 2021

International – July 2, 2021

International Rigs

( +8 ) 758

U.S. Rigs

( +4 ) 479

Canada Rigs

( +1 ) 137

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