Drilling
News
July 05, 2023
Transocean Ltd. announced that six one-well options have been exercised for the Transocean Encourage in Norway.
News
June 29, 2023
Transocean Ltd. announced a 16-well binding award for the Transocean Equinox in Australia for a consortium of four operators. The engagement includes options that, if fully exercised, could keep the Transocean Equinox working in Australia into 2028.
News
June 28, 2023
CGX Energy Inc. and Frontera Energy Corporation are excited to announced today that the Joint Venture has discovered oil at the Wei-1 well, on the Corentyne block, approximately 200 km offshore from Georgetown, Guyana.
News
June 27, 2023
In the Middle East, Saipem has ensured the continuity of the ongoing activity of the Perro Negro 7 jack-up drilling unit from the second half of the year by securing a ten-year extension to the existing contract, thanks also to the excellent performance achieved by the asset during the execution of the activities.
News
June 23, 2023
The contract extension covers a firm term of 9 months starting in direct continuation to the current contract and will maintain the rig contracted through August 2024.
News
June 23, 2023
The contracts supporting drilling operations across five fields in ADNOC’s offshore portfolio are for the charter of five high-specification, premium jack-up rigs along with all required manpower and equipment.
News
June 21, 2023
These awards, each ranging from two to five years, reinforce KCA Deutag’s position as a leading platform drilling contractor in the UK North Sea, and will see the company continue to deliver drilling services, including maintenance, warehousing, inventory procurement and management on four offshore platforms.
News
June 14, 2023
A bypass well (Wei-1BP1) was drilled from 18,757' to total depth and penetrated the primary Santonian targets of the Well in the western complex in the northern portion of the Corentyne block.
News
June 13, 2023
Each of the 36 rigs were placed at their respective monsoon locations before the onset of the seasonal adverse weather conditions. The combined total distance travelled for all rigs was 3,680 nautical miles.
News
June 12, 2023
Prices to rent the most advanced offshore drilling rigs averaged $420,000 a day for the first half of this year, as roughly 90% of the industry’s active fleet is contracted for work.
News
June 12, 2023
With its industrial base and deepwater ambitions, CNOOC, one of China’s three main state-owned oil firms, is on a spending spree to develop the drilling technology currently dominated by western oil majors.
News
June 09, 2023
The updated estimate of the discovery size is 53-90 MMboe, which is twice as large as the original pre-drill estimate and slightly larger than the preliminary estimates announced on May 25.
News
June 09, 2023
The plans for a strategic relationship between Vår Energi and Halliburton build on the already established one-for-all and all-for-one model and represents incentives to work as an integrated team toward common goals.
News
May 29, 2023
The Brazilian company has had an oil rig in place since early December, awaiting approval to drill in block FZA-M-59, costing around $1 million a day.
News
May 16, 2023
The contract covers the manufacture, transport, handling and repair of a broad range of casing materials used in offshore drilling activities.
News
May 10, 2023
The estimated 300-day contract is expected to commence in the first quarter of 2024. The contract also provides for a one-well option, potentially keeping the harsh environment semisubmersible in Australia through the first quarter of 2025.
News
May 08, 2023
The contract is for two wells plus optional well testing. The drilling program, including mobilization, is projected to commence in the fourth quarter of 2023.
News
April 28, 2023
The firm term of the contract is two wells approximating to 270 days. The contract value for the firm period excluding certain integrated services is approximately $61 million.
Article
April 2023
Evaluating, analyzing and monitoring drill bit performance is crucial to ongoing development of new bit designs, materials optimization and component selections, which increase ROP and bit life, while reducing NPT and well costs. Digitally enabled automated offset analysis helps to visualize and understand bit performance at scale and across geographies.
News
April 25, 2023
Shelf Drilling, Ltd. has secured a short-term contract for the Adriatic I for operations offshore Nigeria, with a firm term of 90 days and an estimated contract value of $11 million, excluding revenues for mobilization and demobilization.
News
April 19, 2023
The Transocean Enabler was awarded a 19-well contract in Norway at a current rate of $377,000 per day. Additionally, the Transocean Encourage was awarded a nine-well contract in Norway at a rate of $350,000 per day.
