Rig Lynx Weekly Rundown – Deepwater to have record growth in coming years

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Deepwater to have record growth in coming years

Offshore project commitments are expected to not only recover going forward, but their number is also set to reach a new record in the five-year period towards 2025, cumulatively almost 600 projects, a Rystad Energy report shows. Deepwater commitments will enjoy the largest growth as their cost has now become much more competitive against greenfield continental shelf reserves.

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Deepwater to have record growth in coming years

Bolette Dolphin sold for $85 million to Deep Value Driller AS

We previously reported that TPAO was in negotiations with Dolphin on the 7th generation drillship but it was announced that it was sold to Deep Value Driller AS for $85 million.

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Bolette Dolphin sold for $85 million to Deep Value Driller AS

Noble awarded more work for the Tom Prosser

Carnarvon Petroleum Limited is pleased to confirm that the Noble Tom Prosser jackup drilling rig has been contracted to drill the Pavo-1 and Apus-1 exploration wells.

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Noble awarded more work for the Tom Prosser

ENI extends Saipem 10000 until 2023

Saipem said in its latest financial reportthat the contract of the ship has been extended until 2023 for worldwide operations

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ENI extends Saipem 10000 until 2023

Shelf announces new work and extensions in recent fleet status update

Shelf Drilling issued their fleet status update full of new work!

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Shelf announces new work and extensions in recent fleet status update

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Results are fast!

Oil Prices

March 5, 2021

WTI

$66.26

Brent

$69.55

Natural Gas

$2.70

Rig Count

U.S. & Canada – March 5, 2021

International – March 5, 2021

International Rigs

( +24 ) 701

U.S. Rigs

( +1 ) 403

Canada Rigs

( -22 ) 141

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