Drilling News

 

CNOOC’s Oil Field in Bohai Sea Starts Production

Feb 05, 2024

China's state-run offshore oil and gas explorer and producer CNOOC has started production from its Suizhong 36-1/Luda 5-2 discovery, located in Liaodong Bay of Bohai Sea.The main production facilities include two new central processing platforms and two new wellhead platforms…

Shell Hires Valaris Rig for North Sea Drilling Job

Feb 05, 2024

Shell has confirmed that a rig contract has been signed with Valaris for the drilling of both the Selene exploration well and the Pensacola appraisal well in the North Sea, expected to start in summer 2024.The two wells will be drilled using the Valaris 123…

Esgian Week 5 Report: A Week of Rig Moves

Feb 02, 2024

Esgian has released its Week 5 Rig Analytics Market Roundup saying it was the week of rig moves, as several units completed their respective campaigns and moved on to ports either to wait for new assignments or to prepare for upcoming jobs. Meanwhile…

T7 Global's MOPU Set for Work at Valeura’s Gulf of Thailand Field

Feb 02, 2024

Malaysian energy industry services provider T7 Global has unveiled the newly-converted mobile offshore production unit (MOPU) which is scheduled to start working at Valeura Energy's Nong Yao C development offshore Thailand.The MOPU has been…

SLB and Equinor Set Autonomous Drilling Record Offshore Brazil

Jan 30, 2024

Oilfield services and technology company SLB and Equinor have drilled the most-autonomous well section to-date at Peregrino C platform offshore Brazil, marking a significant step forward to fully autonomous drilling operations.SLB digital technologies for surface automation…

Wellesley Gets Permit to Drill Wildcat Well in Toppand East

Jan 30, 2024

The Norwegian Offshore Directorate has granted Wellesley Petroleum a drilling permit for well 35/11-29 S in production license 248 C in the North Sea offshore Norway.The exploration well will be drilled with COSL’s COSLPromoter rig, hired on behalf of 248 C license partners by Wellesley Petroleum…

Seadrill Secures $97.5M in New Drillship Contracts

Jan 30, 2024

Offshore drilling contractor Seadrill has secured multiple contract awards totaling approximately $97.5 million for its West Vela and West Cappella drillships, announcing also it would resume management services for its West Auriga drillship earlier than expected…

Esgian Week 4 Report: Spotlight on Drilling Activities and Discoveries

Jan 26, 2024

Esgian's latest market roundup for the fourth week of 2024 brings several updates on new oil discoveries and plans for exploration drilling across the world, together with reports about new contracts and mobilization of rigs.  ContractsDragon…

Galp to Further Evaluate Extent of Mopane Oil Discoveries with Hercules Rig

Jan 26, 2024

Portuguese oil and gas Galp has set out plans to drill another well using Odfjell Drilling-managed semi-submersible rig Hercules, after discovering significant column of light oil at Mpane-1x well in Namibia’s PEL 83 block.Galp (80%, operator)…

Valaris Jack-Up Rig Docks in Trinidad

Jan 25, 2024

Heavy duty modern jack-up rig Valaris 118 has arrived at the shipyard in Chaguaramas in Trinidad for routine maintenance ahead of new campaign with BP.Valaris 118 rig will be engaged on a six-well contract extension with BP, expected to begin in March 2024…

COSL Drilling Rig Heads to Norway for Repairs

Jan 24, 2024

COSLProspector semi-submersible drilling rig has departed from the shipyard in Canary Islands, and it’s now on its way to Norway, where it will undergo repairs ahead of assignment with Vår Energi in the Barents Sea.COSL's 4,921-ft semisubmersible…

Halliburton Profit Beats on International Strength

Jan 23, 2024

Halliburton's fourth-quarter profit beat market expectations on Tuesday as strength in offshore and overseas drilling activities boosted demand for oilfield services and equipment.With a better economic environment and acerages internationally…

Petronas Awards Seven New PSCs for Six Offshore Blocks in Malaysia

Jan 23, 2024

Malaysia’s Petronas has awarded Production Sharing Contracts (PSCs) for six exploration blocks and one Discovered Resource Opportunities (DRO) cluster under the Malaysia Bid Round 2023.The awards are expected to garner more than $275 million (RM 1…

Island Innovator Kicks Off Infill Drilling Ops Offshore Equatorial Guinea

Jan 22, 2024

The three-well infill drilling campaign at Equatorial Guinea’s offshore Block G – operated by Trident Energy, with partners Panoro, Kosmos Energy and GEPetrol – has started, using the Island Innovator semi-submersible drilling rig.The first…

Equinor and Aker BP Strike Oil Near Munin Field in North Sea

Jan 22, 2024

Equinor has discovered oil in exploration well 30/12-3 S in the North Sea, while drilling the well on behalf of Aker BP, using Odfjell Drilling's Deepsea Stavanger rig.The well also included a sidetrack, 30/12-3 A, which came up dry. It has permanently plugged and abandoned…

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