Lundin Malaysia commenced drilling of the Imbok-1 exploration well in blocks SB307 and SB308, offshore East Malaysia. The Imbok prospect is in shallow water and lies to the east and south of two major producing fields in offshore East Malaysia…
Det norske oljeselskap has, on behalf of the partnerships in PL 203 (Alvheim) and PL 150 (Volund), awarded an agreement to Transocean Offshore for the lease of the semi-submersible drilling rig Transocean Arctic. The contract scope for drilling of four wells in the Alvheim area…
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway a drilling permit for well 16/4-10. Well 16/4-10 will be drilled from the Island Innovator drilling facility in position 58°35’03.08’’ north 02°10’21.95’’ east. The…
Over the past 14 months, 44 ultra deepwater floating rigs have been scrapped, amounting to more retirements than over the past 20 years combined. The figures, presented by Seadrill in its third quarter results, serve to underline the continuing tough market conditions for offshore drillers…
Dubai based rig builder and construction firm Lamprell is hoping work in the Middle East will help it buffer the downturn. The firm currently has seven concurrent jackup rigs being constructed at its Hamriyah yard, a record for the group…
Reusing wells on the Norwegian shelf can be good business. This is why the Norwegian Petroleum Directorate (NPD) is skeptical of the proposal to plug wells as a measure to keep drilling rigs in activity. As resource steward, the NPD wants…
Statoil is the operator for production license 104 and has received consent to drill exploration well 30/89 S on the Oseberg field. Statoil has allocated 54 days for the activity and will be drilling with the Songa Delta, in approximately 99m water depth…
Atwood Oceanics has announced two contract activities in the Gulf of Mexico (GoM) and offshore Brazil. The Atwood Advantage. From Atwood Oceanics. An Atwood Oceanics subsidiary…
Atwood Oceanics announced that one of its subsidiaries agreed to an extension and rate adjustment to its existing contract with Noble Energy for the ultra deepwater rig, the Atwood Advantage, effective 9 November, 2015. The agreement…
Statoil has decided to cancel a contract for use of the semisubmersible drilling rig Songa Trym, four months before the expiration of contract on 4 March 2016. Statoil has previously notified owner Songa Offshore that the rig would be suspended for a period…
For the offshore floating rig market, the downturn presented the perfect storm: too many rigs, not enough demand, and with some 200 newbuilds set to enter the market over the next decade. Audrey Leon reports. The Maersk Developer…
Gregory Hale discusses how managed pressure drilling helps to eliminate the guess work. Automated managed pressure drilling is the future of conventional drilling. Photos from Weatherford. Realizing…
Primeline Energy’s LS23-1-1 well showed little potential for commercial production, offshore China. The company will now continue with the exploration drilling program for the LS30-3-1. Image from Primeline…
Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) delivered the ARABDRILL 70 jackup rig to Arabian Drilling (ADC). ARABDRILL 70 is the fourth KFELS B Class jackup rig to work for ADC. Keppel FELS had previously delivered two jackup rigs…
Houston-based Atwood Oceanics, announced that one of its subsidiaries had agreed to a nine-month extension and rate adjustment to its existing contract with Southeast Asia's Mubadala Petroleum for the ultra premium jackup, the Atwood Orca…