Drilling

The Biden administration plans to offer hundreds of thousands of acres off the coast of Alaska for new oil and gas drilling next month, a sale mandated in Democrats’ Inflation Reduction Act to win the support of holdout West Virginia Senator Joe Manchin.

Perenco UK has signed a contract for a campaign of drilling operations using the Valaris 247 jack-up rig, the company announced on Monday.

Resoptima is partnering with Aker BP, Sval Energi and NORCE to develop specific solutions that will help reduce CO2 emissions associated with oil and gas asset development and production activities.

Neptune Energy and its partners said Wednesday that hydrocarbons have been encountered in the Calypso exploration well in the Norwegian Sea. The operations are still at an early stage, and Neptune has not determined if commercial volumes are present.

Prime Mapping is a tubular field service carried out before running-in-hole that provides actual casing and tubing data enhancing drilling and completion operations. Prime Mapping can be run on the rig floor or at the yard by Vallourec trained technicians at any time, for tubulars from any supplier. The data is obtained using a portable device called In-Pipe Rover which uses laser and/or ultrasound technology. Prime Mapping provides full-length internal diameter (ID), wall thickness (WT), and outside diameter (OD) map with thousands of data points per pipe, providing calculated ovality, eccentricity, out-of-roundness, bore and metal volume. This actual geometric data is essential for packer setting and cement displacement, and mitigates casing wear while drilling, as it allows operators to optimize their casing and tubing strings before running, thus obtaining higher downhole performance. By performing the service in any field, Prime Mapping saves time, costs, and CO2 emissions for operators who no longer need to send pipes back to UT benches.

Join our expert, Mahmoud ElGizawy, to learn how automated survey management solutions can allow operating companies and service providers to access the most advanced directional survey correction algorithms to optimize drilling applications in real-time by providing accurate wellbore positioning data. This allows timely correction to the wellbore trajectory without requiring additional tools or onsite personnel. The automated survey solutions maximize reservoir production by accurately placing the well in the planned spot while avoiding collision with other wells in close proximity.

Senior executives from the most active majors and independents in the Gulf of Mexico will convene to discuss regional operations and outlook at next week's Deepwater Executive Summit in Houston.

Stretching 50,000 feet, the well is part of ADNOC Offshore’s extended reach drilling project that could increase Upper Zakum’s production capacity by 15,000 bpd.

Abu Dhabi National Oil Company announced the award of a contract worth $980 million (AED3.6 billion) to ADNOC Drilling to hire two jack-up offshore rigs and associated manpower and equipment.

Petrofac has been selected by Dana Petroleum to provide well management services for all its UK North Sea operated assets, including the Triton FPSO and the Western Isles FPSO vessels.

The award supports the expansion of ADNOC’s offshore operations and its objective to responsibly increase production capacity and meet the growing global demand for reliable, lower carbon intensity oil and gas.

Wood Mackenzie thinks exploration still has a role to play in the UKCS, but drilling activity is already at historic lows and the addition of new acreage – which will have been offered up in previous rounds – is unlikely to reverse that trend significantly.

Dolphin Drilling secured a year-long, $96 million contract with Nigeria-based General Hydrocarbons Limited for the Blackford Dolphin rig. The contract will commence in the fourth quarter of this year.

The loss of Russian crude supplies and the lingering effects of Covid-19 have driven oil prices to multi-year highs. U.S. operators have shown restraint, but according to World Oil’s mid-year forecast, a further activity increase is in the offing.

Drilling should pick up steam this year, gaining more than 18%, as nearly all regions will see activity increase. Development should thrive, as the world looks for additional sources of crude oil and natural gas.

INEOS and its partners in the Solsort Unit, Danoil and Nordsøfonden, have agreed to develop the Solsort West field in the Danish part of the North Sea after having received the approval of the development from the Danish Energy Agency.

Radix Engineering and Software closed a R$49 million (approx. $9.5 million) contract with Petrobras to develop and maintain scientific software focused on Well Engineering and Subsea Engineering.

Federal investigators raided a deep-water oil explorer’s Louisiana office last week as part of a probe into an offshore spill, a rare escalation for a U.S. environmental case.

The Biden administration on Wednesday issued oil and natural gas leases to companies that nabbed the Gulf of Mexico drilling rights in a government auction later invalidated by a federal court.

KBR is launching a study to develop a carbon-neutral, green ammonia-based system to power a semi-submersible drilling unit owned by Odfjell.