ExxonMobil and Seadrill ready the Saturn for operations in Campos and Santos Basin
ExxonMobil will start a new exploration campaign on the Brazilian coast. The company received the endorsement from Ibama (Brazilian Environmental Institute) to drill wells in blocks BM-C-753, BM-C-789, BM-S-536, BM-S-647 and Titã, located in the Campos basins and Santos. The license granted by the environmental agency will last for four years.
ExxonMobil and Seadrill ready the Saturn for operations in Campos and Santos BasinAtlantic Zephyr semi sold for $1
Brazilian energy firm PetroRio has signed an agreement with Ventura for the 1974-built semi-submersible drilling rig Atlantic Zephyr for a nominal price of $1.
Atlantic Zephyr semi sold for $1Borr announces new CFO
Borr Drilling Limited is pleased to announce the appointment of Mr. Magnus Vaaler as its new Chief Financial Officer, replacing Mr. Christoph Bausch with effect from 28 December 2020
Borr announces new CFOMulti-trillion foot gas prospect comes up a duster for BP off Western Australia
BP Plc said it has found no oil or gas at its Ironbark-1 exploration well off Western Australia, in what had been seen as a multi-trillion cubic feet gas prospect.
Multi-trillion foot gas prospect comes up a duster for BP off Western AustraliaDaewoo bags $455 million Mozambique LNG construction award
MHWirth is pleased to announce that the company has received notification of award of a contract for delivery of a drilling equipment package to Guangzhou Marine Geological Survey (GMGS).
Daewoo bags $455 million Mozambique LNG construction awardOvertime New Year’s Eve
Greg and Ryan Talk Oil Price, Market News, Japan on Zero Gas Cars, Wal Mart Sore Loser, JJ Watt was Pissed, Barstool Fund, Excessive Force, Fast Food in Pompeii and WW84
Oil Prices, Market News, Barstool Fund, Excessive Force and JJ Watt was PissedOvertime Podcast Ep 5
Overtime is now broadcast across all major podcasting platforms wherever you listen to podcast at, grab a coffee or a tea, throw the headphones in and listen to Greg and Ryan as they run through another episode of Overtime, we promise it won’t disappoint.
Oil Prices
January 1, 2020
| WTI
$48.18 |
| Brent
$51.70 |
| Natural Gas
$2.53 |
Rig Count
U.S. & Canada – December 31, 2020
International – December 11, 2020
| International Rigs
( + 13 ) 669 |
| U.S. Rigs
( + 3 ) 351 |
| Canada Rigs
( – 23 ) 59 |
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