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Anadarko Petroleum Cuts 2015 Capex By A Third Eirik Raude Rig Arrives Ahead of Falklands D...
Alaska Environmental Officials Investigating... Official: Libyan Forces Hit Oil Ports with A...
Petronas to Make FID on Canadian LNG Project... Gas Flows from 3rd Interval of Wressle-1 Well
Oil Tumbles on Iran, Libya; Worry about High... Forum Energy to Stop Exploration Work at SC ...
Reality Hits North Dakota's Pricey Apartment... India Widens Oil Leaks Probe to Defence Mini...
BOEM Offers Details on Lease Sale 246 Sources: In OMV poker, CEO Roiss Might Stay ...
As New England Freezes, Natural Gas Stays Ch... EWC Expects Sengkang LNG Project in Sulawesi...
Chesapeake Energy Sees Asset Writedowns In 1... Mosman Finds Further Traces of Oil at Crossr...
Atmospheric Water Generation Offers Untapped... Russia's Lukoil Says 2014 Net Income Down 39...
Oil Up Sharply, Posts First Monthly Gain Sin... Tethys, PetroChina Ink MOU to Explore Kazakh...
E&P Oil Firms Using Stock Sales To De-Lever Emas Offshore Extends Charters with Perisai'...
Driller Rowan Writes Down Assets By $438.4M ... Pan Orient Energy Abandons Thailand's L53-AN...
Texas Legislature Gets Down to Business Brazil Oil, Gas Output Above 3 Million Barre...
Exxon Says Spending To Fall 11% This Year To... CGG Commences Mutli-client Survey in Norther...
Whiting Shares Tumble On Plans To Keep Frack... Islamist Militants Shell Two Libyan Oilfield...
US Gas Exporters Eye Baltic Region, Poland A... Cheap Oil Threatens Debt Squeeze for Smaller...
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Featured Job
Company: Honeywell
Location: Geismar
Experience: 2+ Years
Education: Bachelors/3-5 yr Degree
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Chemical Engineering|Process Engineer
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Featured Offshore Project
February 27   |   Peregrino   |   Region: S. America - Brazil   |   Operator: Statoil
At the end of January, Statoil and partner Sinochem submitted a Plan of Development (POD) for the second phase of development of the Peregrino field in block BM-C-7 in the Campos Basin. Through the $3.5-billion project, the partners expect to gain access to an extra 250 million barrels of recoverable oil. Phase 2 involves the installation of a new wellhead and drilling platform (WHP-C) that will be tied back to the Peregrino FPSO. A total of 21 new wells - 15 producers and 2 water injectors - are planned to be drilled in an area known as Peregrino Southwest. The new wells will be drilled from the WHP-C platform once it is installed. Statoil expects Phase 2 to be placed on stream near the end of the decade. Since start up in April 2011, Peregrino has produced 90 million barrels of oil. More Offshore Projects
Latest Rig Data Updates
February 26   |   Hercules 261   |   250 ft.   Jackup
Hercules Offshore has received notice from Saudi Aramco that the contract for jackup Hercules 261 (250'-IC) will be terminated effective March 27, 2015. The contract was scheduled to run through September 2019. Hercules says it is "in the process of seeking a basis for continuing the contract". Hercules has two other jackups under contract with Saudi Aramco, the Hercules 262 (250'-IC) and the Hercules 266 (250'-IC). The company is in discussions with Saudi Aramco about possible rate reductions on both rigs. The contracts run to November 2019 and November 2015 respectively.
February 26   |   West Vigilant   |   350 ft.   Jackup
Seadrill Ltd. reports that Talisman Energy will release jackup West Vigilant (350'-IC) by May 2015, well ahead of its previously scheduled November 2016 end date. The rig has been working off Malaysia for Talisman since November 2012.
more offshore rig activity updates
EQUIPMENT MARKETPLACE
Caterpillar G3306NA Portable Natural Gas Generator Set
Location: Worldwide Power Products in Houston, TX
Condition: New
Price: $109,000
Caterpillar G3306NA Portable Natural ...
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INDUSTRY EVENTS
  • Operational Excellence in Oil and Gas Asia 2015 March 4 2015 - March 6 2015   |   Kuala Lumpur
    The need for Operational Excellence (OE) has never been greater. Rising production costs, shortage of key technical talent and pressured refining margins all threaten corporate profit. Implementing ...