Drilling News

 

Exxon Accelerates Production in Guyana, Makes Two New Discoveries

Jul 27, 2022

Exxon Mobil Corp said on Tuesday it has made two new oil discoveries offshore Guyana and that it has already exceeded its original year-end daily production target for the South American country.The announcements are part of Exxon's efforts…

Shell, Deltic to Drill Selene Gas Prospect in UK North Sea

Jul 26, 2022

U.K. oil company Deltic Energy and supermajor Shell, joint venture partners on Licence P2437 in the U.K. Southern North Sea, have made a positive well investment decision to drill the high impact Selene gas prospect, Deltic Energy announced on Tuesday…

Neptune Energy Completes Final Well Campaign on Fenja Field

Jul 25, 2022

Neptune Energy announced the safe and successful drilling of four development wells on the operated Fenja field in the Norwegian Sea, in preparation for production start-up. This marks an important milestone in the development of Fenja, which…

CGX Secures Funds for Wei-1 Exploration Well Off Guyana. Spud Date Set for October

Jul 22, 2022

CGX, a Toronto-based oil and gas firm focused on the Guyana-Suriname Basin, has secured funding for its next offshore exploration well in Guyana's Corentyne block by agreeing to farm out a portion of its interest to its partner Frontera.As part of the agreement…

Wintershall Dea Drills Dry Well Offshore Norway

Jul 21, 2022

Oil and gas company Wintershall Dea has found no hydrocarbons Brage South exploration well (31/4-A-13 C), offshore Norway, and will plug and abandon it. The news was shared by the Norwegian oil and gas company OKEA, which in May entered into…

Cyprus: Chevron to Deliver Aphrodite Field Development Concept by 2022 End

Jul 21, 2022

Cyprus' Ministry of Energy, Commerce, and Industry and Chevron on Thursday affirmed their 'mutually beneficial cooperation in viably and efficiently developing' the Aphrodite gas field, offshore Cyprus, with the plan to have a development concept ready by the end of the year…

Valaris' Semi-Sub Reaches Santos' Barossa Gas Field

Jul 20, 2022

Offshore drilling firm Valaris said Tuesday that its Valaris MS-1 semi-submersible drilling rig had reached Santos' Barossa gas field offshore Australia.'On July 16, the VALARIS MS-1 completed the tow from Dampier to the Barossa Field offshore…

Indonesia Offers Six Oil and Gas Blocks for Bidding

Jul 20, 2022

Indonesia is offering five exploration oil and gas working areas and one exploitation working area across the country in its first bidding round of this year, a senior energy official said on Wednesday.The oil and gas blocks have a total potential resources of 3…

Odfjell Drilling's Offshore Rig Wins More Work with Equinor

Jul 20, 2022

Norwegian oil company Equinor has awarded further work for Odfjell Drilling's Deepsea Stavanger semi-submersible drilling rig.The deal is awarded under the continued optionality mechanism provided for in the contract entered into by the two companies in May 2021…

Halliburton Sees Years of Oil Drilling Demand after Profits Jump

Jul 19, 2022

Oilfield services provider Halliburton Co on Tuesday posted a nearly 41% rise in second-quarter adjusted profit compared to the first quarter, and predicted multiple years of growth in demand for drilling.Driven by high oil prices, the increase…

Mubadala Petroleum Books Borr Drilling Jack-up Rig

Jul 15, 2022

Offshore drilling contractor Borr Drilling has secured a binding Letter of Award for its jack-up drilling rig Mist.The deal is with the Abu Dhabi-based Mubadala Petroleum for drilling in Thailand. The contract length has an estimated duration of 210 days…

Shelf Drilling Takes Delivery of 2008-built Aban Offshore Jack-up Rig

Jul 13, 2022

Oslo-listed offshore drilling contractor Shelf Drilling has taken delivery of the Deep Driller 7 jack-up drilling rig.Shelf Drilling bought the rig from the Indian offshore drilling firm Aban Offshore. The deal was first announced in mid-June…

MMA Offshore's PSV to Provide Drilling Support Services for OMV in New Zealand

Jul 12, 2022

Oil and gas company OMV has awarded a charter contract to Australia's MMA Offshore for the MMA Leeuwin platform supply vessel.MMA Offshore will deploy the platform supply vessel to provide drilling support services for OMV in the Taranaki Basin…

Serica Energy Spuds North Eigg Offshore Well. Targets 60 mmboe

Jul 11, 2022

UK-based oil and gas firm Serica Energy has started drilling at the North Eigg offshore exploration well in the UK North Sea.The Well 3/24c-NE1 was spudded at 04:30 Monday morning using Transocean Paul B. Loyd Jr. harsh environment semi-submersible drilling rig…

Harbour Energy's Offshore Well in Indonesia Hits 'Material Gas Accumulation'

Jul 11, 2022

Oil and gas company Harbour Energy has completed the drilling of the Timpan-1 exploration well located 150 kilometers offshore Indonesia, encountering 'a material gas accumulation.'The well, in a water depth of 4,245 feet (1293.8 meters). was drilled to a total vertical depth of 13…

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