Houston-based Transocean is one of the few major companies in the oil and gas industry to have a positive 2Q 2015, which was due to multiple factors including Macondo-related settlement agreements. Image from Transocean…
Norway's Petroleum Safety Authority has launched an investigation into an incident on Transocean Barents on 4 March when a roughneck suffered crush injuries. The injured drill floor worker was on the monkey board, about 10-12m in the derrick…
Ormen Lange field operator Norske Shell has completed its latest appraisal well, 6305/8-2, on the field. The well encountered a 28m gas column with an underlying water zone in the “Egga reservoir unit” with very good reservoir quality…
Statoil’s final well in its 2013-2014 drilling campaign, wildcat well 7227/10-1, has come up dry and is permanently being plugged and abandoned, according to the Norwegian Petroleum Directorate (NPD). Map from Statoil…
Statoil has decided to suspend two new rigs due to overcapacity in the rig portfolio. The semisubmersibles Transocean Spitsbergen and Songa Trym will be suspended through 2014, a period which might be extended. The Transocean Spitsbergen…
Statoil Petroleum has made a gas discovery in wildcat well 7220/2-1 on the Isfjell prospect in production licence 714. The well, the first in PL714, was drilled in about 429m water depth, using the Transocean Spitsbergen semisubmersible drilling rig (pictured)…
Statoil announced a gas discovery made in the Pingvin prospect in the Barents Sea, has been found non-commercial. Map of Pingvin prospect. From Statoil. According to the Norwegian Petroleum Directorate (NPD)…
Statoil Petroleum has drilled a dry wildcat exploration well on the Ensis prospect in production license (PL) 393 B in the Barents Sea. The well, 7125/4-3, was drilled about 4km south of the 7125/4-1 oil and gas discovery and about 105km northeast of Hammerfest…
Statoil resumed drilling operations on 10 September at the oil-bearing strata in the exploration well 7319/12-1 Pingvin after receiving permission from the Norwegian Environment Agency. The Pingvin prospect is in production license 713 in the Norwegian Barents Sea…
Cairn Energy has farmed in to the Statoil-operated Ensis prospect in the Barents Sea, marking a new entry into the Barents region for Cairn. Statoil is drilling a well on Ensis at the moment - well 7125 4-3 - in production license 393…
Statoil and partner RN Nordic Oil, a Rosneft subsidiary, began exploration drilling on the Pingvin prospect in production license 713 in the Norwegian Barents Sea using the Transocean Spitsbergen semisubmersible drilling rig (pictured) in 422m water depth…
Statoil has said its three-well exploration campaign in the Hoop area of the Barents Sea has failed to make a commercial discovery after completing its final wildcat well on the Mercury prospect. Well 7324/9-1 on the Mercury prospect was in license 614 in the Barents Sea offshore Norway…
Statoil Petroleum has made a small gas discovery on the 7325/1-1 well on production license (PL) 615 in the Barents Sea. The well was drilled about 56km northeast of the Wisting Central oil discovery 7324/8-1, operated by OMV, in the Barents Sea…
Norway-based Kvaerner's Q2 earnings fell but the firm saw an increase in order intake and growth on existing projects, according to its latest results. During the second quarter, Kvaerner completed three large offshore platform…
On 9 July, Norway's Petroleum Safety Authority granted consent for Statoil to use the semisubmersible drilling rig Transocean Spitsbergen to drill exploration well 7125 4-3 Ensis at Production Licence 393 in the Barents Sea. The drilling location is about 42 km from the nearest land…
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