Rig Lynx Weekly Rundown – Deepwater Asgard secures contract with Beacon Offshore Energy

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Deepwater Asgard secures contract with Beacon Offshore Energy

Transocean was awarded a contract for the Deepwater Asgard from Beacon Offshore Energy. It is scheduled to start in June 2021.

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Noble in discussions to sell 6th gen drillships Pacific Bora and Pacific Mistral

Market sources indicate that Noble has now commenced talks to sell drillships Pacific Mistral and Pacific Bora following the completion of the acquisition of Pacific Drilling earlier this month

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Transocean issues fleet status update, sitting with $7.4 billion backlog

Transocean Ltd. issued their quarterly Fleet Status Report and contract information for the company’s fleet of offshore drilling rigs. As of April 28, the company’s total backlog is approximately $7.4 billion.

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ADES secures contract renewals for seven rigs in KSA

Four of the rigs have a 10-year firm tenor, two rigs have a five-year firm tenor and one rig with a three-year firm tenor. The total backlog is estimated at c.US$ 950 million with daily rates being broadly similar to current contracts.

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Valaris lands 400 day deal for JU-249 offshore New Zealand

OMV has awarded an approximate 400-day deal for the provision of jackup Valaris JU-249 (ex-Rowan Gorilla VII) to work offshore New Zealand, commencing in early 2022.

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Maersk Invincible

Rig Lynx Rewind: Record for Maersk Invincible: 2278m drilled in one day

As part of a highly impressive campaign for Aker BP, the XLE jack-up became the first rig on the Norwegian Continental Shelf to go beyond 2000m on a 12 ¼” section inside 24 hours.

Originally published June 12, 2020

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Overtime Ep 17

-Oil Prices -Crude Inventory Rise -Federal Oil and Gas Lease Sales on Hold Until June -Brett Favre Says Politics is Killing Sports -UFC 264 -BKFC 17 -Jake and Ben -Drug Smuggling in Breakfast Burritos 

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West Africa Weekly Ep 9

-Oil Prices -Total Restarting in Mozambique -Nigeria Puts $1.5 Billion Into Refinery Restoration -Eni Asks to Pay $14 Million to Settle Congo Suit -Sparrows Lands 3 Contracts in Angola

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Results are fast!

Oil Prices

April 30, 2021

WTI

$63.28

Brent

$66.44

Natural Gas

$2.93

Rig Count

U.S. & Canada – April 30, 2021

International – April 1, 2021

International Rigs

( +14) 715

U.S. Rigs

( +2 ) 440

Canada Rigs

( -4 ) 51

Rig Lynx LLC 11500 FM 1960 Rd W Suite 112 Houston, Texas 77095

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