Drilling / Rig News


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US Drillers Add Rigs for Second Consecutive Week
Friday, February 15, 2019 The US added a net total of two rigs this week.

Noble to Buy Newbuild Jackup
Friday, February 15, 2019 Rig expected to begin operations during the third quarter of 2019.

ExxonMobil Extends Rowan Drillship Contract
Thursday, February 14, 2019 The supermajor has contracted the ultra-deepwater drillship since September 2018.

US Adds Seven Oil Rigs
Friday, February 08, 2019 The US saw an addition of seven oil rigs this week but saw a decline in gas rigs.

Size Matters for Profitable Shale Drilling
Thursday, February 07, 2019 When it comes to whether or not shale drilling in the Permian is actually profitable, Rystad Energy concludes that operator size matters.

Offshore Drilling Rush Could Transform South Africa
Thursday, February 07, 2019 South Africa still relies on coal for much of its energy.

Total Makes Significant Discovery
Thursday, February 07, 2019 Total has made a 'significant' gas condensate discovery on the Brulpadda prospects, located offshore South Africa.

Offshore Guyana Partners Hit More Pay
Wednesday, February 06, 2019 ExxonMobil, Hess and CNOOC's list of discoveries off the tiny South American country gets longer.

Offshore Wells to Watch in 2019
Tuesday, February 05, 2019 Wood Mackenzie's Vice President of Global Exploration, Andrew Latham, singles out 5 conventional offshore wells to watch in 2019.

Global Offshore Oil Set to Rebound?
Monday, February 04, 2019 Offshore spending is expected to increase 4-5% in 2019 and even outgrow onshore investment.

US Drops 15 Oil Rigs
Friday, February 01, 2019 The nation's rig count saw a decline this week of 15 oil rigs.

Glengorm Area Will Likely be an Industry Hotspot
Thursday, January 31, 2019 The Glengorm area will likely be an industry hotspot in the coming years, according to Rystad Energy.

Glengorm Discovery Branded Major Milestone
Wednesday, January 30, 2019 The Glengorm discovery is a major milestone towards adding another generation of productive life to the UK North Sea, according to Oil & Gas UK.

Ensco and Rowan Amend Merger Agreement
Tuesday, January 29, 2019 The two offshore drillers have amended their agreement to include increased acquisitions.

New Discovery in UK Central North Sea
Tuesday, January 29, 2019 CNOOC Limited has announced a new discovery on the Glengorm prospect, which is located in the UK central North Sea.

Body Recovered After Person Goes Missing on Rig
Monday, January 28, 2019 Total has revealed that a body has been recovered from the sea following reports of a missing person from the Maersk Highlander rig.

US Adds 10 Oil Rigs
Friday, January 25, 2019 Following last week's deep declines, the US added a total of 10 oil rigs this week.

Offshore Mexico Appraisal Well Encouraging
Thursday, January 24, 2019 The Zama appraisal program includes three penetrations.

Cracks Emerging in US Oil Machine
Thursday, January 24, 2019 Shale oil's relentless production growth is easing, with growth next month set to be the weakest since May, according to the EIA.

Arabian Sea Jackup Contract Goes to Shelf
Wednesday, January 23, 2019 India's ONGC secures jackup for three years.

Canadian Oil Surge Fails to Lift Producers
Monday, January 21, 2019 Alberta's crude curtailment plan has caused a dramatic rise in the price of heavy Canadian oil.

Houston American Energy Completes Drilling of Well in San Andreas
Monday, January 21, 2019 The well is located in an area targeted as the exploration component of the San Andreas formation.

US Drops 25 Oil and Gas Rigs This Week
Friday, January 18, 2019 This marks the third consecutive week of rig declines for the US.

Mexican Driller Latina Is Said to Bid for Pemex Contract
Thursday, January 17, 2019 Latina Offshore is working along with one of the consortia invited by Pemex to submit offers for oil-services contracts, according to sources.

Ensco Proposes Sweeter Deal for Merger with Rowan
Monday, January 14, 2019 Ensco proposes to increase the exchange ratio for its merger with Rowan Companies.

US Drops Four Oil Rigs This Week
Friday, January 11, 2019 The US oil rig count dropped by four this week, while the country added four gas rigs, keeping the total rig count flat.

US 10th Dist. Energy Firms Less Optimistic about Future Drilling
Friday, January 11, 2019 The Kansas City Fed's fourth quarter energy survey reveals a negative drilling and business activity index - the first in almost three years.

Aker Bullish on Offshore Ghana
Friday, January 11, 2019 Phased development could deploy several production units, says CEO.

BP Plans to Drill 6 More Wells in Azerbaijan
Thursday, January 10, 2019 BP and its partners just spent $28 billion bringing a giant natural gas project in Azerbaijan online, and that may only be the start.

Chesapeake to Cut Rigs to Reduce CAPEX in 2019
Thursday, January 10, 2019 The Oklahoma City-based E&P company is lowering its rig count by 20% in 2019.

ConocoPhillips Contracts Rowan Jackup
Thursday, January 10, 2019 The ultra-harsh environment jackup rig boasts a maximum drilling depth of 35,000 feet.

Unite Members Accept New OCA Offer
Wednesday, January 09, 2019 UK union Unite has revealed that its 2,500 members covered by the Offshore Contractors Association have accepted a revised pay offer from the OCA.

Critics Say Trump Is Giving Oil Industry a Bye in Shutdown
Tuesday, January 08, 2019 The Trump administration is working overtime to make sure the shutdown doesn't halt oil drilling too - in ways critics say may flout federal law.

US Shale Drilling Activity Slowed in 2H 2018
Monday, January 07, 2019 A new report from Rystad Energy reveals a dip in the nation's fracking activity in the second half of 2018.

Offshore Guyana Wildcat Spuds
Monday, January 07, 2019 A Stena drillship has begun drilling the Haimara-1 exploration well.

Oil Extends Gains
Monday, January 07, 2019 Oil is headed for its longest rally in more than 17 months as the U.S. Federal Reserve sought to soothe investor concerns and on signs of slowing American production.

US Drops Eight Oil Rigs This Week
Friday, January 04, 2019 US drillers drop eight rigs this week as crude prices advance.

Eni to Operate Alaska Oil Field
Thursday, January 03, 2019 Eni strikes a deal with Caelus Natural Resources Alaska LLC to acquire 70% and operatorship of the Oooguruk oil field.

Shell Extends Jackup Contract in Trinidad
Wednesday, January 02, 2019 Shell has extended its contract for the Rowan Gorilla VI jackup in Trinidad.

Eni Spuds Well in Central North Sea
Monday, December 31, 2018 Eni has begun drilling operations on the Rowallan exploration well in the Central North Sea.

US Adds Oil Rigs for Second Week in a Row
Friday, December 28, 2018 The US added two oil rigs this week, marking the second week of increases.

Transocean Lands $830MM Rig Contract with Chevron
Friday, December 28, 2018 Transocean has signed a rig design and construction management contract and a five-year drilling contract with Chevron.

Total Spuds Well Offshore South Africa
Thursday, December 27, 2018 Drilling has commenced on the Brulpadda re-entry well offshore South Africa.

US Drillers Add 10 Oil Rigs This Week
Friday, December 21, 2018 This week's oil rig count has increased for the first time in three weeks.

Global Drilling And Well Services Activity Sees An Upswing
Friday, December 21, 2018 More than 72,000 wells are expected to be drilled and completed in 2019, representing a 3% growth compared to 2018.

Giant North Sea Discovery Progressing
Wednesday, December 19, 2018 Equinor reveals the latest progress on the Johan Sverdrup project.

Permian's Growth Spurt at Risk of Being Stunted
Wednesday, December 19, 2018 The U.S.'s biggest oil field may be about to pump the brakes if crude keeps plunging.

Exxon Becomes Permian Drill Chief
Tuesday, December 18, 2018 ExxonMobil has overtaken rivals to become the most active driller in the Permian Basin.

Noble Secures 5 New Rig Contracts
Monday, December 17, 2018 Noble has racked up new contracts in the US Gulf, Australia and South America.

Qatar Petroleum Boosts Offshore Mexico Profile
Monday, December 17, 2018 QP will gain a stake in three Eni-operated fields in Mexico's shallow-water Area 1.