Drilling News

 

Equinor Cleared for Drilling Ops at Johan Castberg Field with Transocean Enabler Rig

Apr 26, 2024

Equinor has received consent from Norwegian regulator to use Transocean Enabler rig for production drilling/completion and drilling of exploration segment in the Barents Sea.The Norwegian Ocean Industry Authority (Havtil) issued a permit to Equinor for drilling operations at Johan Castberg field.Equinor will use Transocean Enabler semi-submersible rig to execute the work. The rig is of the CAT D (GVA 4000 NCS) type…

Equinor Secures Consent to Drill Two Wells in North Sea

2 hours ago

The Norwegian Offshore Directorate has granted Equinor Energy a drilling permit for two wildcat wells in the North Sea.The approval is for wells 35/10-14 S and 35/10-14 A in production license 1185, valid until February 2029.Equinor is the operator of the license…

Esgian Week 17 Report: New Contracts for the North Sea

Apr 28, 2024

Esgian reports that new drilling contracts have been announced in the North Sea and West Africa in its Week 17 Rig Analytics Market Roundup.Report SummaryContractsShelf Drilling (North Sea) has secured a letter of award with an unnamed operator…

Saudi Oil and Gas Driller Nets $93M for Jack-Up Rig Deal

Apr 26, 2024

Saudi oil and gas driller ADES Holding has secured a contract from major international oil company for one its jack-up drilling rigs, valued $93.3 million.ADES Holding received the letter of award for a one-year firm jack-up drilling contract in Qatar with three optional six-month extensions…

Dayrates Rise - Will More Energy Companies Buy Offshore Rigs?

Apr 25, 2024

The price to rent an offshore rig hit a nine-year high last year with jackups, semisubmersibles and drillships costing on average $118,000, $368,000 and $419,000, respectively (as of 31 December 2023). These figures represent an overall 54% increase in dayrates when compared with 2021…

Halliburton Beats Profit Estimates

Apr 23, 2024

Oilfield services company Halliburton said on Tuesday it expects growth in its international business this year, but North American revenue will likely remain flat due to weak demand for drilling.Oil and gas producers have been acquiring international…

Noble Corporation’s Drillship Seizes Africa’s Drilling Opportunities

Apr 23, 2024

Offshore drilling firm Noble Corporation has informed about two new drilling campaigns secured for its Noble Venturer drillship in Africa, which is currently employed on drilling assignment with Tullow Oil offshore Ghana.Following the early…

Trident Energy to Restart Drilling Campaign Off Equatorial Guinea with Noble Venturer Drillship

Apr 23, 2024

Trident Energy, has on behalf of the joint venture partners, awarded a contract to Noble Corporation for its Noble Venturer drillship, which is scheduled to restart the infill drilling at the Ceiba Field and Okume Complex offshore Equatorial Guinea…

Galp Concludes First Phase of Mopane Exploration Campaign Offshore Namibia

Apr 22, 2024

Portuguese oil company Galp has successfully completed the first phase of the Mopane exploration campaign in the PEL 83 block offshore Namibia, and started a process of evaluating commerciality of oil discoveries made in the past months.Galp (80%…

Esgian Week 16 Report: Rigs on the Move

Apr 21, 2024

Esgian reports on the many rig movements that occurred last week in its Week 16 Rig Analytics Market Roundup.Report SummaryContractsADES Holding Company has received a letter of award from an international oil company for a one-year firm drilling contract for a jackup offshore Qatar…

Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Apr 18, 2024

SundaGas Banda Unipessoal, a wholly-owned subsidiary of UK oil and gas company Baron Oil, has selected a new location for the Chuditch-2 appraisal well offshore Timor-Leste.SundaGas has been conducting site survey work in the Timor Sea over…

Vår Energi Strikes Oil in North Sea

Apr 17, 2024

Norwegian oil and gas company Vår Energi has made an oil discovery at Ringhorne Nord in the North Sea, while drilling the exploration well with Odfjell Drilling’s Deepsea Yantai semi-submersible rig.The discovery was made in wells 25/8-23 S and 25/8-23 B…

Valeura Makes Three New Oil Discoveries in Gulf of Thailand

Apr 15, 2024

Canada-based oil and gas company Valeura Energy has made three oil discoveries as part of the exploration campaign in the Gulf of Thailand - one in the Nong Yao D area, and two in the north-east portion of the Wassana concession.The Nong Yao-13 well…

Esgian Week 15 Report: South America Remains Vital

Apr 14, 2024

Esgian reports on new contracts for Borr Drilling and Shelf Drilling (North Sea) jackups in its Week 15 Rig Analytics Market Roundup. Additionally, Energean has selected a drillship for its upcoming drilling campaign offshore Morocco. South America remains vital to the floating rig market…

PetroNor E&P Strikes Oil at Congo’s PNGF Sud Field Well

Apr 11, 2024

Oil and gas company PetroNor E&P has encountered oil bearing sandstones in a new well drilled by Dixstone Drilling’s Axima jack-up rig at Perenco-operated PNGF Sud field, offshore Congo.The Axima rig started drilling the new Tchibeli North East infill well on February 8 2024…

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