Russian oil giant Rosneft has started drilling on the Lebedinskoye oil and gas condensate field, which sits under the Sea of Okhotsk, in Sakhalin region, Russia. It will drill a 5.3km-long, horizontal extend-reach well, drilled from the coast of Sakhalin Island…
Vallourec, a provider of tubular solutions, has signed a contract with the Abu Dhabi National Oil Co. (ADNOC) to supply oil country tubular goods (OCTG) during the 2016-2018 period to its three operating companies (ADMA-OPCO, ADCO, ZADCO)…
Lundin Petroleum has discovered oil at the Rolvsnes exploration well 16/1-25 S in PL338C, in the central North Sea sector of the Norwegian Continental Shelf (NCS), the company confirmed on 22 December. Lundin said the well encountered a 30m gross oil column in porous granitic basement…
Primeline Energy Holdings Inc. has announced that China National Offshore Oil Corp. (CNOOC) has agreed to extend the exploration period under the petroleum contract for Block 33/07 to facilitate Primeline’s exploration drilling program in the East China Sea…
Atwood Oceanics reports that one of its subsidiaries reached an agreement for a six-month extension of its existing contract with Eni SpA. for the Atwood Beacon jackup rig. The Atwood Beacon commenced its initial two-year drilling services…
The Halliburton and Baker Hughes US$34.6 billion proposed merger is getting an extension of about 90-days after the two oil giants entered into a timing agreement with the Antitrust Division of the US Department of Justice (DOJ) for its review…
Weatherford International has released their IntegraLine liner system with swage technology at the International Association of Drilling Contractors (IADC) World Drilling 2015 Conference and Exhibition. Weatherford’s IntegraLine liner…
Newpark Drilling Fluids is extending its offshore reach with enhanced, customized fluids technology, expanded facilities infrastructure and a team of professionals dedicated exclusively to deepwater products and services. Newpark Drilling Fluids is expanding its Port Fourchon facility…
Sir Ian’s Wood Report, published last year, identified technology as an integral component to ensuring the success of maximizing the economic recovery of the UK Continental Shelf (MER UK). As the Wood Report states, new field discoveries…
Singapore-based KrisEnergy began its drilling campaign in the Gulf of Thailand. The Key Gibraltar. From Shelf Drilling. The campaign is starting at the Rossukon-2 exploration well…
Origin Energy says the Speculant-1 exploration well in the Otway basin, offshore Victoria, Australia, is to be suspended while development options are assessed. The well, which encountered 'potentially commercial quanitities of gas' in the primary Waarre formation reservoirs target…
China National Offshore Oil Co. (CNOOC) has begun production from the Huizhou 25-8 oilfield and Xijiang 24-3 oilfield in the South China Sea, known as the Xijiang 24-1 District joint development project. Xijiang 24-3 facility…
Stone Energy Corp. contracted the ENSCO 8503 dynamically-positioned deepwater drilling rig for Stone Energy's multi-year drilling program in the Gulf of Mexico. The 30-month contract will commence during 2Q 2015 at a rate of approximately US$350…
Churchill Drilling Tools, the provider of dart activated drilling tools, is celebrating the 500th deployment of its DAV MX CircSub. The DAV MX was recently selected by an operator for a dual gradient drilling project, and last year it was deployed at a record depth of 26…
Scientific Drilling International (SDI) introduced the TiTAN22 performance motor solution. The TiTAN22 is engineered to support the most demanding drilling environments and deliver reliability and durability across a wide range of applications…