Noble closes four jackup deal with ADES
Noble Corporation announced it has completed the sale of four jackup rigs to a subsidiary of ADES International Holding Ltd. ("ADES"). The Company expects to generate approximately $285 million in cash from the transaction net of fees, expenses, and the settlement of working capital.
New contracts and extensions for Noble in recent fleet update
Noble issued a new fleet status update that included new contract and extensions for their floaters and jackups
Exxon drills a duster offshore Guyana
Westmount Energy has received a shareholder communication that the Sapote-1 well on the Canje Block encountered non-commercial hydrocarbons.
BP plans on ramping up U.S. onshore shale investment in 2022
BP will ramp up investments in its onshore U.S. shale oil and gas business to $1.5 billion in 2022 from $1 billion this year, according to the CFO.
Equinor announces new discovery offshore Norway
Equinor, together with partners PGNiG Upstream Norway and Longboat Energy Norway, has found oil in exploration well 6407 / 1-9 – Egyptian Vulture. Preliminary estimates show that between 3 and 10 million standard cubic meters of recoverable oil equivalents have been proven in the well, corresponding to 19-62 million barrels.
Oil Prices
Nov 8, 2021
|
WTI $82.37 |
|
Brent $83.88 |
|
Natural Gas $5.42 |
Rig Count
U.S. & Canada – November 5, 2021
International – November 5, 2021
|
International Rigs ( +13 ) 800 |
|
U.S. Rigs ( +6 ) 550 |
|
Canada Rigs ( -6 ) 160 |
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