Drilling News

 

Offshore drilling optimization: Utilizing the future of technology

Jul 16, 2014

In today’s oil and gas markets, there are many drilling situations in which an operator faces adversity. A growing difficulty to successfully and economically drill and produce wells has created a global demand for proper well optimization…

Drilling optimization offshore Sarawak

Jul 16, 2014

The Doo Sung rig was contracted in and brought to Shell standards to deliver the campaign. Doo Sung is Korea’s only semi- submersible drilling unit, built in 1984 by Daewoo Shipbuilding Co., and owned by KNOC…

KCA Deutag secures $170 million contract

Jul 16, 2014

Sonangol Pesquisa e Produção, SA awarded a jackup contract to KCA Deutag for the Ben Rinnes jackup rig in Angola. The agreement, which comes with a two-year extension option, states that KCA Deutag’s offshore division will provide drilling…

OMV strikes Black Sea oil

Jul 16, 2014

OMV Petrom has made an oil discovery in an exploration well drilled in the Istria XVIII offshore Perimeter (shallow water) in the Romanian Black Sea. Marina 1 was drilled 60km offshore, to a depth of about 2150m below the seabed in about 50m water depth…

South China Sea oil find

Jul 16, 2014

China National Petroleum Corporation (CNPC) found hydrocarbons on the Zhongjannan exploration project, off the Paracel or Xisha Islands, in the South China, the firm announced.  Drilling, using the 2011-delivered, deepwater, HYSY-981…

Repsol hits oil at Teak B, off Trinidad

Jul 15, 2014

Repsol announced a new hydrocarbon discovery in the TB14 well at the Teak field, off the southeast coast of Trinidad. The discovery in the northern part of the Teak B field is estimated to contain more than 40MMbo in place, which increases…

Pegasus West spuds in southern North Sea

Jul 15, 2014

Centrica Energy has started drilling on the Pegasus West well 43/13b-7 on P1724 in the UKCS. The well is being drilled with the Noble Julie Robertson jackup rig in 95ft water depthabout 7km WSW of the 43/13b-6Z Pegasus North discovery well…

Blackbird production well flows

Jul 15, 2014

A second production well on Nexen Petroleum's Blackbird field in the UK North Sea has reached 7000bbl/d under a constrained production test, according to partner Atlantic Petroleum.  The well, 20/02a-B3, was constrained by surface equipment…

Dragon signs Egypt contract

Jul 15, 2014

Dragon Oil secured its first operatorship outside Turkmenistan and expects production to reach up to 90,000bo/d by the end of the year.  Dr Abdul Jaleel Al Khalifa, Dragon Oil's CEO, said: 'We are pleased to report that the contract has been signed for Block 19 East Zeit Bay…

Karoon Gas contracts Olinda Star

Jul 14, 2014

Karoon Gas Australia Ltd. reached an agreement with QGOG Constellation S.A. to contract the semisubmersible drilling rig Olinda Star. The contract includes the drilling of up to four wells offshore Brazil, in Karoon’s S-M-1037, 1101, 1102…

Ivory Coast farm out agreed

Jul 14, 2014

African Petroleum Corporation has agreed a farm-out deal with Buried Hill Africa on Block CI-509 offshore Côte d’Ivoire (Ivory Coast), west Africa. Buried Hill will get a 10% interest in the block in return for funding 21.1% of the…

EnQuest takes over Tunisia asset

Jul 14, 2014

UK-based independent explorer EnQuest has taken over a 70% stake in the Didon concession offshore Tunisia from Sweden's PA Resources for US$23 million. A deal to take over a stake in the Zarat permit, agreed at the same time as the deal on Didon…

BHI international rig count for June 2014

Jul 11, 2014

Baker Hughes issued the June 2014 international rotary drilling rig count this week, showing a total of 1344 rigs operating outside the US & Canada in June. International activity was down 6 rigs from the 1350 rigs drilling in May 2014…

Barents Statoil well approved

Jul 11, 2014

On 9 July, Norway's Petroleum Safety Authority granted consent for Statoil to use the semisubmersible drilling rig Transocean Spitsbergen to drill exploration well 7125 4-3 Ensis at Production Licence 393 in the Barents Sea. The drilling location is about 42 km from the nearest land…

First oil from Dua, Vietnam

Jul 11, 2014

Oil production began today at the Dua oil project, operated by Premier Oil offshore Vietnam, 40 years after the field was discovered. The Dua field discovery well, Dua-1X, was drilled in 1974 and flowed 1500 bo/d. Premier Oil acquired…

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