The American Petroleum Institute (API) revealed that estimated total wells drilled and completed in the Q1 2017 saw an increase of 35% compared to the Q1 2016. This is a drastic improvement from 2016 levels, which saw a 59& decrease…
Shelf Drilling, Ltd. has taken delivery of its second newbuild jackup rig – Shelf Drilling Krathong (SDK) – from Lamprell. The rig was delivered within budget and on-time. It is scheduled to depart for Thailand by 20 April 2017 where it commences operations for Chevron Thailand…
Rosneft started drilling the Tsentralno-Olginskaya-1 well, the northernmost well at the Russian Arctic shelf, in the Khatangsky license area. Image of Rosneft workers drilling the northernmost well at the Russian shelf…
Vantage Drilling International has acquired the Hercules 260, a Marathon LeTourneau Class jackup drilling unit, from Hercules Offshore for an undisclosed amount, and has renamed the rig the Vantage 260. As part of the acquisition, Vantage…
Australia’s FAR Ltd. has increased its stakes offshore Guinea-Bissau with plans to drill two exploration wells, and has gained a three-year extension for the area. Map from FAR. FAR…
Statoil has hired the Transocean Spitsbergen semisubmersible rig to drill a total of nine wells offshore the UK and Norway, in a US$113 million deal. From left: Ian Paterson (Transocean Drilling UK)…
Recent rig count data suggests that there are no big moves over or under for offshore rig counts from February through end of March 2017. Baker Hughes released its latest US rig count numbers on Friday, 31 March, showing an increase of four units over week ago…
Inflow control valves and in-well fiber-optics have given Nexen far greater visibility of what’s going in and out of their reservoirs on the Golden Eagle field. Elaine Maslin reports. Golden Eagle with the Safe Caledonia alongside…
While Southeast Asia has suffered during the downturn, a return to natural gas developments could drive sector activity over the next several years. Steve Hamlen sets out the details. Shell’s Gumusut-Kakap platform operating off the coast of Sabah…
There’s a growing acceptance of MPD in offshore operations, but are all options being considered? Jerry Lee examines the RFC-HSE variation. AFGlobal’s riser gas handling system is integrated with…
Nigerian-based South Atlantic Petroleum (Sapetro) and Houston-based Hyperdynamics have agreed to a farmout, allowing Sapetro to pick up 50% participating interest in the production sharing contract covering the deepwater Fatala turbidite fan prospect…
Nido Petroleum started drilling at the Galoc-7 appraisal well, off The Philippines. The Deepsea Metro I. Image from Odfjell Drilling. The Deepsea Metro I recently set sail from Malaysia for the project…
Eni's Goliat reserves are set to increase by 1.2 MMcm or 7.5 MMbbl, following the approval to tie in the Snadd discovery in the Barents Sea, according to the Norwegian Petroleum Directorate (NPD). Two wells will be drilled from Goliat…
Aker BP has approved the redevelopment of Tambar in the southern North Sea that is expected to extend the production period by some 10 years. Image of Ula, from Aker BP. The plan consists of two additional wells and gas lift…
ExxonMobil has confirmed a new discovery offshore Guyana at the Snoek well, as the supermajor continues its efforts in the area by drilling the Liza-4 well. Image from Exxon. Exxon encountered more than 82ft (25m) of high-quality…
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