Rig Lynx Weekly Rundown – Stena announces purchase agreement with SHI for drillship

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Stena announces purchase agreement with SHI for drillship

Stena Drilling has entered a purchase option agreement with Samsung Heavy Industries for a drillship. This gives Stena Drilling the possibility to offer the market a state of the art drilling service with minimal carbon footprint.

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SHI unloads another stranded newbuild drillship

Samsung Heavy Industries has found a buyer for an unwanted high-spec drillship that was canceled three years ago.

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Petroserv wins lot 2 tenders for Petrobras

Petrobras announced Ventura Petroleo S.A. (Petroserv) as the winner of the 2nd and 3rd rig for lot 2 – unit without MPD.

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Turkey threatens to block ExxonMobil in eastern Mediterranean

Turkey threatened to block any unauthorized search for gas and oil in its economic exclusive zone in the eastern Mediterranean after Cyprus awarded hydrocarbon exploration and drilling rights in its offshore block 5 to a venture of Exxon Mobil and Qatar Petroleum.

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ExxonMobil readies Sergipe spud in

ExxonMobil intends to start in December the drilling of its first exploratory well in Sergipe, at the SEAL-M-428 block, which will also extend to the neighboring area of SEAL-M-351.

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Overtime Episode 26

  • Oil Prices
  • Omicron Effects, Price Rebound
  • Biden Taking the Fed Green
  • Blue Origin Delays Michael Strahan’s Flight
  • WWE Racks Up College Recruits
  • 850lb Pot Brownie
  • Camels Disqualified from Beauty Contest

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Oil Prices

Dec 13, 2021

WTI

$71.60

Brent

$74.98

Natural Gas

$3.92

Rig Count

U.S. & Canada – December 10, 2021

International – December 3, 2021

International Rigs

( +17 ) 817

U.S. Rigs

( +7 ) 576

Canada Rigs

( -3 ) 177

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