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US Has Net Loss of One Rig
Friday, May 17, 2019 The U.S. dropped three oil rigs and added two gas rigs for a net loss of one rig this week.
Schlumberger in $400MM Deal to Sell Drilling Assets
Wednesday, May 15, 2019 Schlumberger is divesting non-core drilling assets to Wellbore Integrity Solutions for $400 million.
Exploration Gets Its Mojo Back
Tuesday, May 14, 2019 The exploration sector has got its mojo back, according to energy research and consultancy company Wood Mackenzie.
Eni Makes New Light Oil Find
Tuesday, May 14, 2019 Eni makes a new light oil discovery in Block 15/06 in Angola's deep offshore.
Shell Set to Have Biggest UK Decom Costs
Monday, May 13, 2019 Shell is set to have the largest abandonment and decommissioning expenditure liability of UK operators in producing UK oil and gas developments, according to GlobalData.
US Drillers Drop Two Rigs
Friday, May 10, 2019 The nation dropped two oil rigs this week, while the gas rig count remained flat.
Shell to Spud Deepwater Mexico Well in December
Wednesday, May 08, 2019 Shell has robust plans for deepwater drilling in Brazil and Mexico.
GOM Decommissioning Scene is Changing
Tuesday, May 07, 2019 Dismantling an oil and gas platform in the Gulf of Mexico is becoming even more challenging.
Weatherford Unveils New Managed Pressure Drilling Technology
Monday, May 06, 2019 The Houston-based oilfield services company launches a new intelligent managed pressure drilling (MPD) technology which can be deployed in deepwater, shallow water or on land.
US Drillers Add Two Oil Rigs
Friday, May 03, 2019 The U.S. added two oil rigs and dropped three gas rigs this week for a net loss of one rig.
Outback Australia May Be Hiding Next 'Ferrari of Shale'
Thursday, May 02, 2019 In a corner of outback Australia, a drilling crew will soon try tapping shale rocks that could hold more than three times the world's annual consumption of natural gas.
Oil Drillers Given More Leeway by Trump Administration
Thursday, May 02, 2019 The Trump administration is giving oil companies more flexibility when drilling offshore, by easing Obama-era mandates imposed in response to the 2010 Deepwater Horizon disaster.
Trump Admin Expected to Ease Post-Macondo Drilling Rules
Wednesday, May 01, 2019 The Trump administration is poised to relax offshore drilling requirements imposed in response to the 2010 Deepwater Horizon disaster.
New Wells to Hit Moon and Back
Tuesday, April 30, 2019 More than 620,000 miles of new oil and gas wells will be drilled over the next 5 years, according Rystad Energy's latest forecasts.
Union Balloting UKDCA Offshore Members
Monday, April 29, 2019 UK union Unite is holding a consultative ballot of its membership covered by the United Kingdom Drilling Contractors Association.
US Sees Biggest Weekly Rig Decline in Three Months
Monday, April 29, 2019 The U.S. dropped a total of 21 oil and gas rigs last week, bringing the rig count under 1,000.
Transocean Semisub Uses Battery-Powered Thrusters
Tuesday, April 23, 2019 Tech designed to save fuel and reduce environmental impact.
$6B Project with Up to 8,000 New Jobs Sanctioned
Friday, April 19, 2019 The steering committee for the offshore Azerbaijan ACG field has sanctioned the next stage of the development.
Halliburton Wins Offshore Brazil Contract
Thursday, April 18, 2019 The three-year contract includes a two-year extension.
Permian Drilling Record Reported
Thursday, April 18, 2019 A unit of Surge Energy US Holdings Co. has reportedly drilled a record-setting lateral in the Permian Basin.
US Drops 10 Oil and Gas Rigs
Thursday, April 18, 2019 This week's rig count saw declines of eight oil rigs and two gas rigs for a net loss of 10.
Significant Gas Resource Found Offshore Australia
Tuesday, April 16, 2019 The Corvus-2 appraisal well has discovered a significant gas resource in the Carnarvon Basin offshore Western Australia.
Talos Sets Offshore Mexico Record
Tuesday, April 16, 2019 Talos reported a record-setting offshore Mexico core sample.
Significant Gas Discovery at Karish North
Monday, April 15, 2019 Energean Oil and Gas announces that the Karish North exploration well has made a significant gas discovery.
US Has Net Loss of Three Rigs
Friday, April 12, 2019 The nation added two oil rigs and dropped five gas rigs.
Ensco and Rowan Become EnscoRowan
Thursday, April 11, 2019 The companies first announced their merger plans last October.
2019 Oil and Gas Exploration Off to Flying Start
Monday, April 08, 2019 Oil and gas exploration is off to a flying start in 2019, according to Rystad Energy.
Saipem Wins Contracts for Semisub, Jack-up
Friday, April 05, 2019 Two contracts are valued at more than USD $200 million.
US Adds 19 Oil, Gas Rigs
Friday, April 05, 2019 The U.S. added 15 oil rigs and four gas rigs for a net gain of 19 rigs this week, BHGE reports.
Lundin to Go Ahead with Rolvsnes EWT
Thursday, April 04, 2019 Lundin Norway agrees to proceed with an extended well test on the Rolvsnes weathered and fractured basement discovery on the Utsira High.
Colorado Drillers Face Harsher Energy Law
Wednesday, April 03, 2019 Colorado's legislature passed a sweeping overhaul of the state's oil and natural gas laws, giving local governments more power to regulate drilling in one of the nation's top crude-producing regions.
Saipem in Talks to Divest Its Drilling Business
Monday, April 01, 2019 The flailing offshore division, which saw a 24 percent decline in revenue last year, could go to a competitor.
Byron Energy Updates GOM Drilling Plans
Monday, April 01, 2019 Australia-headquartered Byron Energy plans to spud a well in the South Marsh Island Block 69 in in the Gulf of Mexico this August.
US Scraps Another 10 Oil, Gas Rigs
Friday, March 29, 2019 Following a week of declines, the U.S. experienced another drop in its oil and gas rig count.
Total Tested by Drilling Oil in One of Fastest Ocean Currents
Tuesday, March 26, 2019 Total SA's discovery of South Africa's first oil in deep water could prove to be a bonanza for the country - if they're able to solve the engineering challenges of operating in one of the fastest ocean currents in the world.
US Drops 10 Oil, Gas Rigs
Friday, March 22, 2019 The U.S. scrapped a total of 10 oil and gas rigs this week.
Aker BP Makes New Discovery
Thursday, March 21, 2019 Aker BP has made a discovery at the Froskelar Main exploration well.
Siccar Point Energy Spuds Exploration Well
Tuesday, March 19, 2019 UK-based Siccar Point Energy has begun its 2019 drilling campaign by spudding an exploration well at the Blackrock prospect. (Courtesy Photo)
Precision Drilling to Sell All Mexico Assets
Monday, March 18, 2019 Precision Drilling is selling five Mexico-based drilling rigs for $48 million.
US Has Fourth Straight Week of Rig Count Declines
Friday, March 15, 2019 The U.S. dropped one oil rig this week.
Rowan Jack-up Heading to Guyana
Thursday, March 14, 2019 Repsol plans to spud its first exploration well in the offshore Kanuku block this year.
$220 Million in Drilling Contracts Go to Saipem
Wednesday, March 13, 2019 The awards include new contracts and contract extensions.
Deepwater Angola JV Hits Oil Pay
Wednesday, March 13, 2019 Early estimates indicate up to 650 million barrels of light crude in place.
Oil Extends Gain
Tuesday, March 12, 2019 Oil rose for a second day as Saudi Arabia was said to plan extending deep supply curbs and a nationwide blackout sparked a production collapse in Venezuela.
Petrobras Hires Transocean Drillships
Monday, March 11, 2019 The total estimated firm backlog for both drillships amounts to more than $240 million.
PTTEP Makes Gas Discovery Offshore Australia
Friday, March 08, 2019 PTT Exploration and Production Public Company Limited has made a new gas discovery offshore Australia.
Mining Support Jobs Decline by Thousands in Feb.
Friday, March 08, 2019 U.S. mining employment showed slight dips in February, according to data from the U.S. Bureau of Labor Statistics.
Deepwater Egypt Contract Goes to ADES-Vantage JV
Friday, March 08, 2019 The Tungsten Explorer drillship. PHOTO SOURCE: Vantage Drilling International
US Drops 11 Oil and Gas Rigs
Friday, March 08, 2019 The U.S. scrapped a total of 11 oil and gas rigs this week, according to Baker Hughes, a GE Company.
Permian Still Booming Despite Hurdles
Thursday, March 07, 2019 The Permian's oil pipeline network is expected to grow 60-70 percent in the next five years.