Drilling News

 

Esgian Week 16 Report: Rigs on the Move

Apr 21, 2024

Esgian reports on the many rig movements that occurred last week in its Week 16 Rig Analytics Market Roundup.Report SummaryContractsADES Holding Company has received a letter of award from an international oil company for a one-year firm drilling contract for a jackup offshore Qatar…

Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Apr 18, 2024

SundaGas Banda Unipessoal, a wholly-owned subsidiary of UK oil and gas company Baron Oil, has selected a new location for the Chuditch-2 appraisal well offshore Timor-Leste.SundaGas has been conducting site survey work in the Timor Sea over…

Vår Energi Strikes Oil in North Sea

Apr 17, 2024

Norwegian oil and gas company Vår Energi has made an oil discovery at Ringhorne Nord in the North Sea, while drilling the exploration well with Odfjell Drilling’s Deepsea Yantai semi-submersible rig.The discovery was made in wells 25/8-23 S and 25/8-23 B…

Valeura Makes Three New Oil Discoveries in Gulf of Thailand

Apr 15, 2024

Canada-based oil and gas company Valeura Energy has made three oil discoveries as part of the exploration campaign in the Gulf of Thailand - one in the Nong Yao D area, and two in the north-east portion of the Wassana concession.The Nong Yao-13 well…

Esgian Week 15 Report: South America Remains Vital

Apr 14, 2024

Esgian reports on new contracts for Borr Drilling and Shelf Drilling (North Sea) jackups in its Week 15 Rig Analytics Market Roundup. Additionally, Energean has selected a drillship for its upcoming drilling campaign offshore Morocco. South America remains vital to the floating rig market…

PetroNor E&P Strikes Oil at Congo’s PNGF Sud Field Well

Apr 11, 2024

Oil and gas company PetroNor E&P has encountered oil bearing sandstones in a new well drilled by Dixstone Drilling’s Axima jack-up rig at Perenco-operated PNGF Sud field, offshore Congo.The Axima rig started drilling the new Tchibeli North East infill well on February 8 2024…

Shelf Drilling Barsk Jack-Up on Extended Stay with Equinor Offshore Norway

Apr 11, 2024

Offshore drilling contractor Shelf Drilling has secured a contract extension for the Shelf Drilling Barsk jack-up rig with Equinor for operations at the Gudrun field located offshore Norway.The firm term of the extension is two wells with an estimated duration of 254 days in total…

Stena Forth Drillship Up for Morocco Job as Energean Assumes Operatorship of Two Licenses

Apr 11, 2024

Moroccan authorities have approved the partnership agreement Chariot signed with Energean regarding the interest and operatorship of Lixus and Rissana licences, as Stena Drilling’s Stena Forth drillship gets the job for new appraisal well.The partnership agreements between Chariot and Energean…

Petrobras Finds Oil in Ultra-Deep Waters of Potiguar Basin

Apr 11, 2024

Petrobras has discovered an oil accumulation while drilling the Anhangá exploratory well in the ultra-deep waters of the Potiguar Basin, located in the Equatorial Margin.The well, located in the POT-M-762_R15 concession, is the second discovery in the Potiguar Basin in 2024…

LLOG Approves Who Dat East and South Drilling Campaign in Gulf of Mexico

Apr 09, 2024

Oil company LLOG has approved the drilling of Who Dat East and Who Dat South appraisal and exploration wells in the U.S. Gulf of Mexico.Who Dat East lies approximately 27 kilometers east of the Who Dat Floating Production System (FPS).The Who Dat East well…

Borr Drilling Nets Close to $160M in Fresh Contracts for Three Jack-Ups

Apr 09, 2024

Offshore drilling contractor Borr Drilling has secured work for three of its premium jack-up rigs, bringing in $158.6 million to the company.The new contracts are for the Prospector 1, Gunnlod, and a rig to be determined.  The commitments total 820 days and $158…

Esgian Week 14 Report: Major Jackup Contract Suspensions

Apr 07, 2024

Esgian reports various drilling contractors disclosing details of discussions with Saudi Aramco regarding jackup contract suspensions in its Week 14 Rig Analytics Market Roundup. These contractors include Shelf Drilling, ADES, Borr Drilling…

Middle East: 18 Drilling Rigs Believed to be Suspended by Aramco So Far

Apr 05, 2024

Six offshore drilling companies – Valaris, Borr Drilling, Shelf Drilling, ADES Holding, COSL, and Arabian Drilling – have received notices of suspension for the shared total of 18 drilling rigs, all believed to have come from Saudi state-owned oil giant Aramco…

Aramco Suspends Another Jack-Up Rig

Apr 05, 2024

Offshore drilling company Valaris, through its joint venture ARO Drilling, has received a notice of suspension from Aramco for its VALARIS 143 jack-up rig.The rig’s contract was previously scheduled to end in December 2024. The suspension notice…

Borr Drilling’s Arabia I Rig to Suspend Ops

Apr 04, 2024

Offshore drilling contractor Borr Drilling has received a notice of temporary suspension for its jack-up rig Arabia I, currently under contract with Saudi Aramco.The temporary suspension for Arabia I rig, currently operating offshore Saudi Arabia…

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