Rig Lynx Weekly Rundown – Petroserv awarded extension for SSV Louisiana

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Petroserv awarded extension for SSV Louisiana

The semisub has been under a three-year contract with ONGC in India, starting in April 2018 and ending in April 2021. The extension will see the rig working until May 2022.

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Shell to return to Brazil's Campos Basin later this year

The president of the oil company in Brazil, André Araújo, participated in a conversation with journalists and revealed that the company hired the rig West Tellus, which will start an exploratory campaign from the second semester in the Campos Basin.

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Seadrill Limited replaces forbearance agreement 

Seadrill Limited announces that Seadrill New Finance Limited, a subsidiary of the Company, has agreed to replace the existing forbearance agreement announced on 11 February 2021, and extended on 23 February 2021, 9 March 2021 and 23 March 2021 with a new forbearance agreement.

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Shelf awarded 3 year contract for the J.T. Angel

Shelf Drilling, Ltd. announced that it has received an award for a three-year contract for the J.T. Angel jack-up rig with Oil and Natural Gas Corporation (ONGC)

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ONGC says 3 employees kidnapped in eastern Assam

India's top oil producer Oil and Natural Gas Corp Ltd said three of its employees were kidnapped by gunmen from a rig site in the eastern Assam state on Wednesday.

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Rig Lynx Rewind: Transocean's 712 headed for scrap

On May 8, 2020, Transocean announced that it intends to dispose of the following two rigs: the ultra-deepwater floater GSF Development Driller II and the midwater floater Transocean 712. These rigs are classified as held for sale.

Originally published on May 14, 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 16, 2021

WTI

$63.07

Brent

$66.70

Natural Gas

$2.68

Rig Count

U.S. & Canada – April 23, 2021

International – April 1, 2021

International Rigs

( +14) 715

U.S. Rigs

( -1 ) 438

Canada Rigs

( -1 ) 55

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