-- Rig count rebounds to high for 2008 US drilling rebounded by 24 rotary rigs to 1,808 working this week, up from 1,650 in the same period a year ago and the largest number of active units so far in 2008, said Baker Hughes.
-- US rig count hits 22-year high The US rig count jumped by 22 to 1,830 rotary rigs workingthe largest number since the week ended Jan. 10, 1986, when 1,880 units were drilling, said Baker Hughes Inc.
-- Myanmar gas field to resume production this week Myanmar's Yetagun offshore gas field is expected to resume production by Apr. 11 following repair of two ruptures in a gas pipeline to western Thailand, Thai Energy Minister Poonpirom Liptapanlop told reporters.
-- Eni starts gas production from Badhra field A joint venture led by Eni has begun gas production from Badhra field, southeast of Bhit gas field in Pakistan, and has commissioned the third train at Bhit gas treatment plant.
-- Petrobras orders three newbuild semisubmersibles Petrobras signed three lease contracts with Seadrill for three newbuild semisubmersible drilling rigs and a separate contract with MPF Corp. Ltd., Bermuda, for a multipurpose floater.
The challenges associated with developing unconventional resources are driving the industry to implement more efficient work flows and more cost effective formation evaluation solutions, forcing optimization at every step. Join us at AAPG or via webcast to learn how applying a comprehensive, yet fit-for-purpose evaluation approach throughout the development life cycle has helped operators maximize value and optimize production.