Drilling / Rig News


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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.

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.

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.

Halliburton Wins Offshore Brazil Contract
Thursday, April 18, 2019 The three-year contract includes a two-year extension.

Talos Sets Offshore Mexico Record
Tuesday, April 16, 2019 Talos reported a record-setting offshore Mexico core sample.

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.

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.

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.

Saipem Wins Contracts for Semisub, Jack-up
Friday, April 05, 2019 Two contracts are valued at more than USD $200 million.

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.

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.

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.

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.

Deepwater Angola JV Hits Oil Pay
Wednesday, March 13, 2019 Early estimates indicate up to 650 million barrels of light crude in place.

$220 Million in Drilling Contracts Go to Saipem
Wednesday, March 13, 2019 The awards include new contracts and contract extensions.

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.

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.

Deepwater Egypt Contract Goes to ADES-Vantage JV
Friday, March 08, 2019 The Tungsten Explorer drillship. PHOTO SOURCE: Vantage Drilling International

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.

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.

Alberta Drillers Unfazed by Crude Glut
Thursday, March 07, 2019 Some drillers are moving ahead in Canada's oil sands despite depressed prices last year and resulting production cuts.

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.

Equinor Makes North Sea Oil Discovery
Monday, March 04, 2019 Equinor makes an oil discovery from the Visund A platform in the Telesto exploration well in the North Sea.

US Drops 10 Oil Rigs
Friday, March 01, 2019 The U.S. dropped rigs for the second week in a row, with a net loss of nine rigs.

Diamond Offshore Raising Drillship Dayrates
Thursday, February 28, 2019 The drilling contractor's CEO said the increase involves long-term leases beginning in 2020.

Offshore UK Workers Vote for Strike Action
Monday, February 25, 2019 UK union Unite's offshore membership votes 'overwhelmingly' for industrial action on the Elgin-Franklin, North Alwyn, Dunbar and Shetland Gas Plant assets.

Global Decom Costs Set to Hit New Record
Monday, February 25, 2019 Global decommissioning costs are set to hit a record $36 billion over the next 3 years, according to Rystad Energy.

US Rig Count Declines by Four
Friday, February 22, 2019 The U.S. dropped a total of four oil rigs this week while the gas rig count remained flat.

Oil and Gas Stepping Up Its Exploration Game
Tuesday, February 19, 2019 After years of budget cuts, oil and gas companies are finally stepping up their exploration game.

China Oil Find Could Trigger Shale Drilling Surge
Tuesday, February 19, 2019 An oil discovery in a remote corner of northwestern China could trigger a surge in shale drilling.

Transocean Makes Automation Deal with Equinor
Monday, February 18, 2019 One harsh-environment semi-submersible was fitted with the ADC system two years ago.

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.