Houston Energy has been awarded the South Timbalier 235 (ST 235) lease in the US Gulf of Mexico Central Lease Sale 249, says partner Otto Energy. Houston Energy bid US$210,999 in relation to the ST 235 lease, which ajoins with and…
Oilfield services firm Expro has launched a new extreme high-pressure tubing conveyed perforating (TCP) gun system, delivering the largest perforation hole area available for frac and gravel pack completions. Designed specifically for challenging deepwater environments in the Gulf of Mexico…
KrisEnergy has spud the East Mayura-1 exploration well in the G10/48 contract area in the Gulf of Thailand, the operator announced on 20 October. The East Mayura-1 well, offshore Thailand, is being drilled by the PV DRILLING I jack-up rig…
W&T Offshore has started drilling on the ST 224 #1 exploration well in the South Timbalier 224 lease in the US Gulf Of Mexico, according to Otto Energy. Drilling is targeting a large, amplitude supported, high condensate gas ratio exploration prospect located in the prolific Bul…
MHWirth has secured a contract from Wood Group Canada for a drilling package, including equipment, engineering and services for the West White Rose Project offshore Canada. Husky Energy is developing the West White Rose Project, together with its co-venture partners…
Total subsidiary Total E&P Ireland has completed a farm-in deal with Providence Resources and Sosina Exploration on licensing option (LO) 16/27, containing the Avalon prospect, in the southern Porcupine Basin, offshore Ireland. The deal…
Transocean's ultra-deepwater drillship Deepwater Invictus was awarded a two-year contract plus three one-year priced options with a subsidiary of BHP Billiton. The backlog associated with the firm contract is approximately US$106 million…
Ocean Rig has signed a contract with Statoil, for a one-well drilling program offshore Tanzania. The contract is expected to start in Q1 2018, and will use the Ocean Rig Poseidon, a 6th generation deepwater drillship based on the enhanced SAIPEM 10000 design…
Maersk Drilling has been awarded two contract extensions in the North Sea. The jackup Maersk Resolve has been awarded a contract extension by Wintershall Noordzee for the drilling of a third well in the ongoing drilling campaign in the North Sea…
Total E&P Malaysia has signed a 60-day contract for the Maersk Deliverer semisubmersible to drill offshore Southeast Asia, bringing the vessel out of warm stacking. The contract covers the drilling of one exploration well in the Block DW-N Sabah offshore Malaysia…
Borr Drilling has signed an agreement to acquire nine jackup rigs from Sembcorp Marine subsidiary PPL Shipyard, taking its fleet to 26 jackups, once all rigs under construction have been delivered. The acquired rigs have been built or are under construction at PPL's yard in Singapore…
Lundin has started drilling on the Hufsa exploration well in PL533 in the southern Norwegian Barents Sea. The well (7219/12-2) is south of the Filicudi oil discovery and the large Statoil-operated Johan Castberg oil discovery. The…
Statoil's 2017 three-well UK North Sea drilling campaign has resulted in a discovery in the Verbier well, but leaves behind two disappointments, the firm reports today. On Verbier, after initial disappointing results in the target formation…
W&T Offshore is set to spud its latest well in the South Timbalier 224 (ST 224) lease in the Gulf of Mexico later this month, according to partner Otto Energy. “The Enterprise 264 jackup drilling rig is expected to be on location within…
While the trend in spending for oil and gas companies since the crash in oil prices has been a steep decline, production has remained relatively stable since 2015. This might lead to the conclusion that companies have found ways to remain just as productive in the new price environment…