The deepwater drillship Pacific Sharav arrived in Keathley Canyon to begin work for Chevron. The drillship is the fifth for Chevron to work in the deepwater Gulf of Mexico. According to data from the US Bureau of Ocean Energy Management…
Chevron and Statoil are launching new solutions to a growing challenge in the Gulf. Bruce Nichols reports. The GE (Hydril) MaxLift pump aboard the Pacific Santa Ana drillship. Photos: Pacific Drilling…
Pacific Drilling’s ultra deepwater Pacific Sharav began its five-year drilling contract for Chevron on 27 August 2014. The contract is estimated to be worth more than US$1 billion, bringing Pacific Drilling’s total contract backlog as of 22 June 2012…
Lagos-based Star Deep Water Petroleum signed a contract extension for Pacific Drilling’s Pacific Bora. The Pacific Bora is currently drilling offshore Nigeria. The contract extension increases the drillship’s backlog by approximately US$439 million…
Venari Resources LLC announced that it has raised an additional US$1.3 billion of equity commitments, bringing the total raised to $2.4 billion. Map of Shenandoah and Coronado prospects. Image from Anadarko…
Baker Hughes issued the July 2014 international rotary drilling rig count last week, showing a total of 1382 rigs operating outside the US & Canada. International activity in July was up 38 rigs from the 1344 rigs drilling in June 2014…
Chevron’s Anchor-1 well was junked due to mechanical difficulties. Located in Green Canyon block 807, 131 mi. from Louisiana in the Gulf of Mexico, Anchor-1 was abandoned before reaching its geologic objectives, according to Cobalt International Energy’s 2Q 2014 results…
Baker Hughes issued the June 2014 international rotary drilling rig count this week, showing a total of 1344 rigs operating outside the US & Canada in June. International activity was down 6 rigs from the 1350 rigs drilling in May 2014…
AWE Ltd. announced on 13 June that drilling began on the Oi-2 exploration well located in Petroleum Mining Permit (PMP) 38158 offshore Taranaki, New Zealand. The joint venture partners hope the Oi-2 well will allow the evaluation of hydrocarbon potential of a 4-way dip closed structure…
The global rig market is strong, with high utilization, high day rates, and nearly 200 offshore drilling rigs under construction. Drilling contractors are changing their fleet makeup, modernizing, streamlining, and concentrating on market sectors…
Chevron encountered more than 400 ft (122m) of net oil pay at its deepwater Coronado prospect well No.1 in the Gulf of Mexico, the company announced on 25 March 2013. Pacific Santa Ana (Image: Pacific Drilling) Coronado comprises Walker Ridge Block 98…
Securing data while providing access to the right people is challenging in an onshore setting. Move the data offshore, where bandwidth is at a premium, and the challenges compound. Jennifer Pallanich looks into issues companies face in the offshore communications sector…
The ultra-deepwater drillship Pacific Khamsin has been awarded a contract by a wholly-owned indirect subsidiary of Chevron Corporation for operations in West Africa, the ship's owner Pacific Drilling announced on 16 November 2012.The minimum…
Nearly 11 years after Weatherford first commercially deployed drilling-with-casing, the service company is still testing the limits of where and how the technology can be helpful when it comes to overcoming wellbore instability. Jennifer Pallanich catches…
Despite a brief interruption post-Macondo, the rig newbuilding boom that started in 2005 is gathering momentum. Jennifer Pallanich talks to IHS about the latest trends in the drilling contractor market.One of the trends that Tom Kellock, Houston's head of consulting for IHS Petrodata…