Rig Lynx Weekly Rundown – Noble Drilling and Pacific Drilling Announce Merger

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Noble Drilling and Pacific Drilling Announce Merger

Noble Corporation and Pacific Drilling Company LLC announced that they have entered into a definitive merger agreement under which Noble will acquire Pacific Drilling in an all-stock transaction.

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Vantage Drilling and Seadrill Partners finalize agreement on management of SDPL floaters

Vantage Drilling International will provide operating, management and marketing services to Seadrill Partners for four of their deepwater floaters, the West Polaris, West Capella, West Leo and West Sirius.

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Enhanced Drilling and Transocean usher in new EKD system

Expro Group and Frank's International announced a definitive agreement under which the companies will combine in an all-stock transaction.

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Drilling activity is set for two consecutive years of growth 

After a challenging 2020, oil and gas demand recovery – supported by vaccination efforts and OPEC+ supply cuts – is proving good for drilling activity. 

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Borr Drilling looks at adding on 590 days and $48 million to the backlog

Borr Drilling has entered into agreements for the Natt, Prospector 1 and Gunnlod that will add on another 590 days to their backlog.

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Discoverer Enterprise During Macondo

Rig Lynx Rewind: Transocean announces the retirement of the original dual activity drillships

Transocean Ltd. has announced that it intends to retire in an environmentally responsible way, the following three ultra-deepwater floaters: Discoverer Enterprise, Discoverer Spirit, and Discoverer Deep Seas.

Originally published September 4, 2019

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Overtime Ep 14

-Oil Prices -Drilling Expected to Grow Over Next Two Years -What Is Stuck in the Suez Canal? -Big O&G Cuddle Up to President Biden -BKFC 16 Card Results -BKFC 17 Card Picks -Iron Mike and Evander -What Does DoorDash and Dirt Have in Common?

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West Africa Weekly Ep 8

-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

March 19, 2021

WTI

$60.80

Brent

$64.37

Natural Gas

$2.55

Rig Count

U.S. & Canada – March 26, 2021

International – March 5, 2021

International Rigs

( +24 ) 701

U.S. Rigs

( +6 ) 417

Canada Rigs

( -11 ) 81

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

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