Drilling / Rig News

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DOI Invests $33MM Putting People to Work in Orphaned Well Program
Friday, May 27, 2022The allocation is part of a total of $250 million provided through the Bipartisan Infrastructure Law.

Romania May Accelerate Deepwater Gas Drilling
Wednesday, May 25, 2022Romania may accelerate its first deepwater natural gas prospect.

Equinor Makes New Oil Find Near Johan Castberg
Wednesday, May 25, 2022Equinor has made a new oil discovery.

Up To 6 Major Atlantic Hurricanes Forecasted For 2022
Wednesday, May 25, 2022Atlantic weather systems have severely affected oil and gas operations in the past.

NPD Grants Slew of Drilling Permits
Wednesday, May 25, 2022The Norwegian Petroleum Directorate has announced a slew of drilling permits.

Baker Hughes To Assist With New Stratus Drilling In Ecuador
Monday, May 23, 2022New Stratus Energy has executed a letter of intent with energy technology giant Baker Hughes Services International for work in Ecuador.

USA Keeps Adding More Rigs
Monday, May 23, 2022The U.S. added 14 more rigs week on week, according to Baker Hughes.

First-Ever 8th Generation Drillship Named In Singapore
Thursday, May 19, 2022Transocean has named the world's first 8th generation drillship – the Deepwater Atlas – at a shipyard in Singapore.

Westwood: Offshore Rig Utilization Way Higher Than Initially Thought
Wednesday, May 18, 2022Utilization is one of the key barometers of the health of the offshore rig market but it appears that the numbers don't show the true story.

Odfjell Rig Gets More Work From Equinor
Tuesday, May 17, 2022Equinor has exercised its option to drill more wells using an Odfjell Drilling-owned rig, extending its stay offshore Norway.

USA Adds Flurry of Rigs
Monday, May 16, 2022The U.S. added nine rigs week on week, according to Baker Hughes.

Top Headlines: Massive Heerema Thialf Vessel To Start Kinsale Head Removal
Saturday, May 14, 2022Check out some of Rigzone's top stories this week.

No Biden Band Aid Would Have Kept Balances Tight
Friday, May 13, 2022On March 31, a White House fact sheet outlined that Biden would be announcing 'the largest release of oil reserves in history'.

Odfjell Drilling Becomes Operator Of Another Seadrill Rig
Friday, May 13, 2022Odfjell Drilling has agreed with SFL Corporation to provide marketing and management services for the West Hercules rig.

Biden Fights to Slash O&G Development on Federal Lands, Waters
Wednesday, May 11, 2022President Joe Biden may yet fulfill a campaign promise to slash oil and gas development on federal lands and waters, if an appeals court rejects an effort by 13 states to expand domestic energy production.

Clontarf Gets In On Sasanof Action With Drilling Imminent
Tuesday, May 10, 2022Clontarf Energy has acquired a 10 percent interest in Western Gas' long-awaited Sasanof-1 exploration well.

Energean Makes Another Successful Gas Discovery Off Israel
Tuesday, May 10, 2022Energean has made another commercial gas discovery via its Athena exploration well offshore Israel.

Keppel O&M Secures Deployment For Jack-up Rig Pair
Tuesday, May 10, 2022Keppel Offshore & Marine has secured utilization deals for two KFELS B Class rigs for deployment in Saudi Arabia.

CGX, Frontera Hit Oil At Kawa-1 Well Off Guyana
Tuesday, May 10, 2022CGX Energy and its JV partner Feontera Energy have hit light oil at the Kawa-1 well in the Corentyne block offshore Guyana.

Longboat Energy Gets Stakes In Two Norwegian Gas Prospects
Tuesday, May 10, 2022Longboat Energy has farmed into two gas exploration prospects on the Norwegian Continental Shelf targeting 2.2 billion boe via an agreement with OMV.

USA Rig Count Increases Again
Monday, May 09, 2022The U.S. added seven rigs week on week.

Standard ETC Buys Stake In Norwegian Offshore Driller For $10MM
Monday, May 09, 2022S.D. Standard ETC has announced the acquisition of 25 percent of Dolphin Drilling for $10 million through an equity issue.

Aberdeen Based Awilco Drilling Signs Short Term Shareholder Loan
Monday, May 09, 2022The loan will be used 'for general working capital purposes'.

Top Headlines: Gas Prices Could Rocket in Near Term and More
Saturday, May 07, 2022Check out some of Rigzone's top stories during the last week.

Equinor Dishes Out Over $2 Billion In Contracts
Friday, May 06, 2022Equinor is extending its contracts with Baker Hughes, Halliburton, and Schlumberger for integrated drilling and well services on its fields on the Norwegian continental shelf.

Petrofac Bags Sizeable Decom Deal Through GOM Alliance
Thursday, May 05, 2022Petrofac revealed that it has secured a 'sizeable' decommissioning contract.

Empyrean Preparing To Drill Second Well Offshore China In 2023
Thursday, May 05, 2022Empyrean Energy has informed that it will proceed with plans to drill the Topaz exploration well, offshore China, subject to financing.

Maersk Drilling Finds Work For Jack-Up Rig With Aker BP
Thursday, May 05, 2022Maersk Drilling has won a contract with Aker BP for the jack-up rig Maersk Invincible for work on the Ivar Aasen field off Norway.

Awilco Drilling Sells Its Final Rig To Well-Safe Solutions
Wednesday, May 04, 2022Awilco Drilling has agreed to sell its last drilling rig to the UK-based plug and abandonment specialist Well-Safe Solutions.

Permian Explorer Launches Own Mobile Sand Mine to Cut Fracking Costs
Wednesday, May 04, 2022The Oklahoma City-based company told investors of a new, so-called mobile frack-sand mine it launched on 15,000 acres of land it owns in the West Texas county of Loving.

Santos Pavo Discovery Dubbed A Stellar Exploration Success
Wednesday, May 04, 2022Carnarvon, Santos' partner in Pavo, stated that the drilling of the well was a huge success with further appraisal and exploration campaigns being considered.

USA Adds More Rigs
Monday, May 02, 2022The U.S. added three rigs week on week, according to Baker Hughes.

An Interesting Crude Supply Dichotomy Is Emerging
Monday, May 02, 2022Rigzone's regular energy prognosticators take a look at a crude supply dichotomy, jet fuel prices, travel numbers and more.

890MM North Sea Barrels Could be Sanctioned in 2023
Monday, May 02, 2022The annual performance review for the UK's top producers highlighted 33 new projects targeting 1.3 billion barrels of oil and gas.

ADES Continues April Shopping With Two Valaris Jack-Up Buys
Saturday, April 30, 2022UAE-based rig operator ADES is continuing with its April drilling rig shopping, this time with two Valaris jack-ups.

Seadrill Scores Again With $404 Mn Deal For Three Rigs
Friday, April 29, 2022Seadrill has been awarded contracts for three of its rigs by an undisclosed company for work in the Middle East.

Empyrean Drilling Disappoints As Jade Turns Out To Be No Gem
Thursday, April 28, 2022Although Empyrean had hopes of finding light oil due to gas clouds being present at the well, the Jade prospect ended up being nothing but an extreme disappointment.

Oil and Gas Discovery Confirmed at Hamlet
Thursday, April 28, 2022Hamlet is a new discovery in the Gjoa area.

Keppel and Sembcorp Marine Agree Deal
Wednesday, April 27, 2022Sembcorp Marine Ltd. has agreed to merge with Keppel Corp.'s subsidiary.

Seadrill Bags More Rig Work In U.S. Gulf Of Mexico
Wednesday, April 27, 2022Seadrill has won new contract awards for two of its rigs – the West Neptune drillship and the Sevan Louisiana semi-submersible.

Transocean Brings In New Deals For Its Rigs
Wednesday, April 27, 2022Transocean has announced in its most recent fleet status report that it won a new contract and several extensions for its rigs.

Exxon Does It Again - Three More Discoveries Offshore Guyana
Wednesday, April 27, 2022Exxon has made three discoveries offshore Guyana and increased its recoverable resource estimate for Stabroek to nearly 11 billion oil-equivalent barrels.

Equinor, APT Working To Reduce Downhole Costs
Wednesday, April 27, 2022Equinor and APT have joined forces in a research project that aims to replace costly downhole sampling and logging with more cost-efficient solutions.

Vaalco Begins Production From Second Gabon Well
Wednesday, April 27, 2022Vaalco Energy has started producing oil from the second well in its drilling campaign offshore Gabon.

North America Rig Count Stays Flat
Monday, April 25, 2022North America's rig count stayed flat week on week.

Seadrill Scores 10-Well Deal For West Gemini Drillship
Monday, April 25, 2022Seadrill Limited has announced a new ten-well contract with options for up to eight additional wells for one of its drillships in Angola.

Schlumberger Says Russia Isolation Spurs Drilling Elsewhere
Friday, April 22, 2022Schlumberger said Russia's war on Ukraine is spurring an exploration boom.

Be Prepared to Pay More at the Pump from June
Friday, April 22, 2022Rigzone's regular market watchers focus on pump prices, lease sales, Covid trends and more.

ADES International Buys Maersk Convincer Jack-Up Rig
Thursday, April 21, 2022Maersk Drilling has entered into an agreement with ADES International to sell the jack-up rig Maersk Convincer for $42.5 million.

Central Petroleum Starts Amadeus Drilling Campaign
Wednesday, April 20, 2022Central Petroleum has spudded the Palm Valley 12 well, Southwest of Alice Springs in Australia's Northern Territory.